Price T Rowe Associates Adds $35M in Belden Inc. ($BDC)
The fund raised its holdings in Belden Inc., reflecting confidence in the company's prospects.
Key Points
- Price T Rowe Associates boosted its position in Belden Inc. by 9%, adding 291,837 shares to hold a total of 3.52 million shares.
- Belden Inc. trades on the NYSE with a market cap of $4.74 billion and a P/E ratio of 20.48, with shares priced around $121.65 on Tuesday.
- Insiders at Belden Inc. recently bought shares, and analysts from DA Davidson initiated a buy rating with a $155 target price.
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Price T Rowe Associates has increased its stake in Belden Inc. (NYSE:BDC) by 9%, according to its latest filing with the SEC. The fund added 291,837 shares, bringing its total holdings to 3,517,081 shares. As of the reporting period, the value of this investment was approximately $427.9 million.
Price T Rowe Associates vs. the S&P 500
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What Changed in Price T Rowe Associates' Belden Inc. Position
Price T Rowe Associates grew its holdings in Belden Inc. by 9.0%, adding 291,837 shares to its portfolio. This brings the fund's total position to 3,517,081 shares, valued at about $427.9 million. The filing reflects the fund's holdings at the end of the reporting period and may not indicate its current position.
Other Institutional Activity in Belden Inc.
Other major funds also made moves in Belden Inc. BlackRock, Inc. increased its holdings slightly by 17,148 shares, ending with 4,917,873 shares valued at roughly $564.7 million. Meanwhile, FMR LLC reduced its position by 659,101 shares, now holding 3,923,994 shares worth about $450.6 million. Vanguard Portfolio Management LLC opened a new position with 2,702,329 shares valued at $310.3 million. Similarly, Vanguard Capital Management LLC initiated a stake with 1,742,363 shares valued at $200.1 million. Wellington Management Group LLP trimmed its holdings by 97,345 shares, now holding 1,588,405 shares valued at $182.4 million.
Belden Inc. Stock Up 3.7%
Shares of NYSE:BDC traded near $121.65 on Tuesday. Belden Inc. has a market cap of approximately $4.74 billion, with a P/E ratio of 20.48 and a forward P/E of 13.72. The stock's 52-week range is between $101.00 and $159.99, and it has a 50-day moving average of $116.09 and a 200-day moving average of $120.55. The company maintains a current ratio of 2.09 and a quick ratio of 1.26, with a debt-to-equity ratio of 107.34.
$BDC stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Belden Inc. reported revenue of $2.79 billion, showing a growth rate of 11.4%. The company's earnings per share stood at $5.94, with a net margin of 8.5% and a return on equity of 18.9%. The next earnings report is expected on July 30, 2026.
Dividend
Belden Inc. pays an annual dividend rate of $0.20, resulting in a yield of 0.16%. The company's dividend payout ratio is 3.37%.
Insider Buying and Selling at Belden Inc.
Recent insider activity at Belden Inc. includes several purchases. On May 21, 2026, insiders including Nancy Calderon, Jonathan Klein, Vivie Lee, Adel Al-Saleh, Lance Balk, and Diane Brink each bought 1,527 shares. These transactions were not part of a pre-planned trading program.
Analysts Set New Price Targets
On June 16, 2026, DA Davidson initiated coverage of Belden Inc. with a buy rating and a target price of $155. Other analysts, such as Benchmark and Truist Securities, have maintained their buy ratings with various target prices, the highest being $175. The consensus among analysts is a strong buy, with a mean target price of $152.
About Belden Inc.
Belden Inc., headquartered in Saint Louis, Missouri, is a technology company specializing in communication equipment. It provides copper and fiber connectivity solutions, network systems, and data infrastructure products for various sectors including data centers, 5G, and building automation. Led by CEO Dr. Ashish Chand, Belden employs about 8,000 people and operates globally across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Bottom Line
Price T Rowe Associates' decision to increase its stake in Belden Inc. by 9% suggests confidence in the company's future potential. The 13F filing provides a snapshot of the fund's position at the end of the reporting period, which could differ from its current holdings. Investors often track these filings to gauge institutional sentiment and potential market trends.
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