Belden (BDC)

• Market cap: $4.05B
• 1 day: 0.43%
• 5 days: -5.39%
• 1 month: -5.38%
• 3 months: -11.06%
• 6 months: -13.28%
• Year to date: -11.06%
• 1 year: 10.91%
• 5 years: 196.55%
• 10 years: 9.43%
• Sector: Materials
• Industry: Drawing & Insulating of Nonferrous Wire

About: Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Smart Infrastructure Solutions and Automation Solutions. Smart Infrastructure Solutions segment is a provider in network infrastructure and broadband solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. Automation Solutions segment provides network infrastructure and digitization solutions to enable customers to make data-based business decisions. It operates in Americas, EMEA and APAC, out of which maximum revenue from Americas.

Employees: 7,500

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

136% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 25

133% more call options, than puts

Call options by funds: $3.61M | Put options by funds: $1.55M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

10% more funds holding

Funds holding: 305 [Q3] → 336 (+31) [Q4]

0.65% more ownership

Funds ownership: 100.85% [Q3] → 101.5% (+0.65%) [Q4]

4% less capital invested

Capital invested by funds: $4.81B [Q3] → $4.61B (-$201M) [Q4]

5% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 120

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $130 29% upside
• Avg. target: $138 37% upside
• High target: $145 44% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Loop Capital Chris Dankert 24% 1-year accuracy 4 / 17 met price target	44% upside $145	Buy Maintained	11 Feb 2025
Benchmark David Williams 25% 1-year accuracy 16 / 64 met price target	29% upside $130	Buy Reiterated	10 Feb 2025