Belden Inc. operates as a signal transmission solutions company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber cable and connectivity solutions, racks and enclosures, and signal extension and matrix switching systems for use in applications, such as local area networks, data centers, access control, fiber, and home and building automation. It also provides power, cooling, and airflow management products for mission-critical data center operations; and end-to-end copper and fiber network systems, which include cable, assemblies, interconnect panels, and enclosures. This segment serves customers in markets comprising healthcare, education, financial, government, and corporate enterprises, as well as end-markets, including sports venues and academia. The Industrial Solutions segment offers infrastructure components and on-machine connectivity systems; and industrial Ethernet switches, network management software, routers, firewalls, gateways, input/output (I/O) connectors/systems, industrial Ethernet cables, optical fiber industrial Ethernet cables, Fieldbus cables, IP and networking cables, I/O modules, distribution boxes, and customer specific wiring solutions. This segment provides its products for use in industrial automation applications comprising network and fieldbus infrastructure; sensor and actuator connectivity; and power, control, and data transmission; and supplies heat-shrinkable tubing and wire management products to protect and organize wire and cable assemblies. It serves distributors, original equipment manufacturers, installers, and end-users. The company was formerly known as Belden CDT Inc. and changed its name to Belden Inc. in May 2007. Belden Inc. was founded in 1902 and is based in St. Louis, Missouri.
IPO Year:
Exchange: NYSE
Website: belden.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/23/2024 | $110.00 | Buy | Vertical Research |
| 10/13/2023 | Overweight → Equal Weight | Fox Advisors | |
| 9/27/2023 | $115.00 | Buy | UBS |
| 9/5/2023 | $93.00 → $117.00 | Neutral → Buy | Goldman |
| 11/22/2022 | $86.00 | Hold | Jefferies |
| 4/20/2022 | $57.00 → $55.00 | Sell → Neutral | Goldman |
| 9/9/2021 | $53.00 → $68.00 | Hold → Buy | Canaccord Genuity |
| 8/6/2021 | $39.00 → $46.00 | Sell | Goldman Sachs |
DAVIS, Calif., May 22, 2024 /PRNewswire/ -- Infinant Health, a privately-held company focused on changing the trajectory of human health by supporting the development and restoration of the immune system via the gut microbiome, announces additions to their advisory team: Dr. Katharine Knobil and Dr. David Pompliano. Additionally, Judy Gawlik Brown has joined the board, representing Manna Tree Partners, to help prepare the company's expansion into pharma. Infinant Health recently announced their submission for ODD status and are augmenting their team with top-tier experts to s
Appointment Demonstrates Belden's Commitment to Solutions Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure solutions, today announced that Jay Wirts, President of Smart Buildings, has been appointed to the newly created position, Executive Vice President of Enterprise Solutions. "Jay is a transformational growth leader with a proven track record of operational success," said Belden President and CEO Ashish Chand. "With the creation of this new role, we are moving forward with our solution sales transformation for enterprise markets where multiple communications protocols based on copper, fiber and wireless technologies are coming together to so
Belden Inc. (NYSE:BDC), a leading global supplier of specialty networking solutions, announced that with immediate effect, it has appointed Vivie "YY" Lee as a Director and member of the Audit Committee. Ms. Lee brings over 30 years of experience in the software industry, including her experience in senior operational roles as a chief executive officer and chief operations officer. Ms. Lee most recently served as Chief Strategy Officer for Anaplan, a company specializing in subscription cloud-based business planning software. Her previous experience includes the CEO role at FirstRain, Inc., which was acquired by Ignite Technologies. She previously held management and product leadership pos
Appointment Demonstrates Belden's Commitment to Innovation and Growth Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure solutions, today announced that Brian Lieser, VP of Global Products of Industrial Automation Solutions, has been appointed EVP of Industrial Automation Solutions, effective immediately. Lieser succeeds Dr. Ashish Chand, who was appointed as President and CEO of Belden earlier today. "We are fortunate to have a proven leader like Brian Lieser take the helm of our Industrial Automation Solutions business," said Chand. "Brian has been with the Belden family for more than a decade and has time and again demonstrated an unwavering com
Appointment Follows Resignation of Roel Vestjens Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure solutions, today announced that Ashish Chand, EVP of Industrial Automation Solutions and Managing Director of APAC, has been appointed President and Chief Executive Officer. In connection with his appointment, Dr. Chand has been appointed to Belden's Board of Directors. The appointments are effective immediately. Dr. Chand succeeds Roel Vestjens, who has resigned from his position as President and Chief Executive Officer and as a member of Belden's Board of Directors for personal reasons. Mr. Vestjens' resignation is unrelated to Belden's strategy, o
Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that Diane Brink has joined its Board of Directors. Ms. Brink will additionally chair the Compensation Committee and serve as a member of the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005225/en/(Photo: Business Wire) "Diane's proven track record leading marketing and customer experience complements the skill set of our current Board of Directors," said Christine Detrick, Chairperson of Altus Power. "Altus Power is in the business of
Kevin Maczka brings more than a decade of public company finance experience to lead Hayward's investor relations strategy Hayward Holdings, Inc. (NYSE:HAYW) ("Hayward" or the "Company"), a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and technology, announced today the appointment of Kevin Maczka as Vice President of Investor Relations. "I am pleased to join the Hayward team and play a pivotal role in shaping the Company's ongoing investor relations strategy," said Maczka. "This company is already known around the world as a leading player in the pool space and as a brand pool owners and professionals trust, and I look forward to further growing its r
Belden Inc. (NYSE:BDC), a leading global supplier of specialty networking solutions, announced that with immediate effect, it has appointed Gregory McCray as a Director and member of the Finance Committee and Nominating and Corporate Governance Committee. Mr. McCray brings over 30 years of experience in the communications technology industry, and currently serves as CEO of FDH Infrastructure Services LLC. His previous experience includes CEO roles at Access/Google Fiber, Aero Communications, Inc., Antenova Limited, and PipingHot Networks. He held previous managerial and engineering roles at Lucent Technologies, AT&T, Bell Laboratories, and IBM. Roel Vestjens, President and CEO of Belden I
6 analysts have expressed a variety of opinions on Belden (NYSE:BDC) over the past quarter, offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 3 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $111.33, a high estimate of $123.00, and a low estimate of $100.00. Observing a 7.46% increase, the cu
Vertical Research analyst Kevin McCarthy initiates coverage on Belden (NYSE:BDC) with a Buy rating and announces Price Target of $110.
Belden's (NYSE:BDC) short percent of float has fallen 7.1% since its last report. The company recently reported that it has 1.00 million shares sold short, which is 3.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.41 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is impor
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Truist Securities raised the price target for Belden Inc. (NYSE:BDC) from $119 to $123. Truist Securities analyst William Stein maintained a Buy rating. Belden shares rose 0.5% to close at $92.30 on Wednesday. See how other analysts view this stock. Baird boosted the price target for Quest Diagnostics Incorporated (NYSE:DGX) from $145 to $153. Baird analyst Eric Coldwell maintained a Neutral rating. Quest Diagnostics shares gained 3.1% to close at $140.90 on Wednesday. See how other analysts view t
Throughout the last three months, 5 analysts have evaluated Belden (NYSE:BDC), offering a diverse set of opinions from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 1 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $111.6, a high estimate of $123.00, and a low
Truist Securities analyst William Stein maintains Belden (NYSE:BDC) with a Buy and raises the price target from $119 to $123.
U.S. stocks settled mixed on Friday, with the Nasdaq Composite recording a fifth straight record close. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to
Across the recent three months, 4 analysts have shared their insights on Belden (NYSE:BDC), expressing a variety of opinions spanning from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 0 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $108.75, a high estimate of $119.00, and a low est
Truist Securities analyst William Stein reiterates Belden (NYSE:BDC) with a Buy and raises the price target from $101 to $119.
Loop Capital analyst Chris Dankert maintains Belden (NYSE:BDC) with a Buy and raises the price target from $100 to $115.
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The Board of Directors of Belden Inc. (NYSE:BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on January 9, 2025, to shareholders of record as of December 12, 2024. About Belden Belden Inc. delivers the infrastructure that makes the digital journey simpler, smarter and secure. We're moving beyond connectivity, from what we make to what we make possible through a performance-driven portfolio, forward-thinking expertise and purpose-built solutions. With a legacy of quality and reliability spanning 120-plus years, we have a strong foundation to continue building the future. We are headquartered in St. Louis and have manufacturing capabilities in
Releases include Cat6A industrial Ethernet cables from Belden, as well as Hirschmann's EAGLE40-6M firewall and OpEdge™-4D gateway, and ProSoft's Wi-Fi 6 radio. Belden Inc. (NYSE:BDC), a leading global supplier of complete connection solutions, announces new network and data infrastructure products designed for secure, high-quality performance in critical applications. Data Orchestration & Management Hirschmann EAGLE40-6M Train Firewalls meet the demands of railway rolling stock with industrial firewall capabilities and multiple industry-relevant certifications. Their robust design allows them to withstand moving trains while providing maximum data security by performing deep packet i
Belden Inc. (NYSE:BDC) ("Belden" or the "Company"), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal third quarter results for the period ended September 29, 2024. Third Quarter 2024 Highlights Revenues of $655 million, up 4% y/y and down 2% y/y organically GAAP EPS of $1.30, down 24% y/y Adjusted EPS of $1.70, down 4% y/y Executed $20 million of share repurchases during the quarter, and $115 million year-to-date through October 29, 2024 "I am pleased that our team continues to navigate this dynamic environment and delivered another solid quarter," said Ashish Chand, President and CEO of Belden. "Demand was stable, with both re
Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure solutions, will report results for the fiscal third quarter ended September 29, 2024, before trading begins on Thursday, October 31, 2024. Management will discuss the Company's results during a conference call at 8:30 a.m. Eastern Time. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of Belden's corporate website at https://investor.belden.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and download and install any necessary audio software. To participate in the
New LioN-Safety I/O Modules with PROFIsafe or CIP Safety Easily Integrate Safety and Non-Safety Signals into PLC Environments Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure and digitization solutions, today announced the expansion of the Lumberg Automation LioN family with its new LioN-Safety I/O Modules. Designed to support functional safety efforts in industrial operations, the modules streamline the transmission of safety and non-safety-related data over existing networks. The new LioN-Safety I/O Modules support the PROFIsafe and CIP Safety protocol, with the latter expected to be available in the fourth quarter of 2024, and give manufacturers a compact, ru
RemoteIP and I/O plenum cables, OptiTuff® connectivity, FX ECX enclosures, hybrid termination boxes and a virtual healthcare tech experience all receive 2024 Cabling Installation & Maintenance Innovators Awards Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure and digitization solutions, is thrilled to announce that six of its products were recognized as Gold Honorees as part of the 2024 Cabling Installation & Maintenance Innovators Awards program. 1. Indoor/Outdoor Plenum Stadium Cables & Connectivity Designed to be used in outdoor, below-grade conduit and aerial applications, Belden's Indoor/Outdoor Plenum Stadium Cables were made specifically for sports venue
IEC 61076-2-010 M12 Push Pull Connectors Guarantee Secure Contacting Belden, a leading global supplier of network infrastructure and digitization solutions, today announced the release of its new Lumberg Automation M12 Inner Push Pull Connectors, which conform to International Electrotechnical (IEC) standard 61076-2-010. Featuring a secure, fast-locking contacting method, the M12 Push Pull Connectors are optimal for use in harsh environments to prevent accidental disconnects that cause downtime, disrupt data gathering or create safety hazards. As enterprises pursue digital transformation, connecting more operational technology (OT) devices and information technology (IT) systems empowers
The Solutions Transformation Strategic push lays the foundation to achieve sustainable growth and improved margins Belden provides new 2028 financial targets, outlines a roadmap to achieving the 2025 Adjusted EPS target, and announces a new $300 million share repurchase authorization Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure and digitization solutions, will host its 2024 Investor Day today at the Belden Customer Innovation Center in Chicago, Illinois. Management will provide an update on Belden's Solutions transformation, key accelerators to drive further growth and margin expansion, and new long-term targets that support enhanced sharehol
Combined offering makes it faster and easier to collect equipment telemetry data at the edge, contextualize it and send it to the Amazon Web Services (AWS) cloud for asset monitoring and predictive maintenance. Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure and digitization solutions, is pleased to announce an integration of its CloudRail software functionality with AWS IoT SiteWise. CloudRail, which Belden acquired in 2023, enables cloud-based device management that allows users to roll out, manage and update edge devices globally. Its fully managed solution pre-processes data locally before sending it to any cloud. This integration brings together AWS' data
Releases include LSZH Cca-Rated OSDP Cables, NewGen Multi-Conductor & Pair LSZH Cables and EN/IEC-Rated Classics/Electronics Cables from Belden, as well as new Belden PROVIZE features, Hirschmann firewalls and ProSoft FOUNDATION Fieldbus FF Links Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure and digitization solutions, announces new products designed for secure, high-quality performance in critical applications. Data Acquisition & Transmission Belden LSZH (Low-Smoke, Zero-Halogen) Cca-Rated OSDP (Open Supervised Device Protocol) Cables are the newest addition to the company's portfolio of OSDP Access Control Cables, designed to comply with European Commi
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Vertical Research initiated coverage of Belden with a rating of Buy and set a new price target of $110.00
Fox Advisors downgraded Belden from Overweight to Equal Weight
UBS initiated coverage of Belden with a rating of Buy and set a new price target of $115.00
Goldman upgraded Belden from Neutral to Buy and set a new price target of $117.00 from $93.00 previously
Jefferies initiated coverage of Belden with a rating of Hold and set a new price target of $86.00
Goldman upgraded Belden from Sell to Neutral and set a new price target of $55.00 from $57.00 previously
Canaccord Genuity upgraded Belden from Hold to Buy and set a new price target of $68.00 from $53.00 previously
Goldman Sachs reiterated coverage of Belden with a rating of Sell and set a new price target of $46.00 from $39.00 previously
Stifel upgraded Belden from Hold to Buy and set a new price target of $61.00 from $47.00 previously
Canaccord Genuity reiterated coverage of Belden with a rating of Hold and set a new price target of $47.00 from $46.00 previously
The Board of Directors of Belden Inc. (NYSE:BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on January 9, 2025, to shareholders of record as of December 12, 2024. About Belden Belden Inc. delivers the infrastructure that makes the digital journey simpler, smarter and secure. We're moving beyond connectivity, from what we make to what we make possible through a performance-driven portfolio, forward-thinking expertise and purpose-built solutions. With a legacy of quality and reliability spanning 120-plus years, we have a strong foundation to continue building the future. We are headquartered in St. Louis and have manufacturing capabilities in
Belden Inc. (NYSE:BDC) ("Belden" or the "Company"), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal third quarter results for the period ended September 29, 2024. Third Quarter 2024 Highlights Revenues of $655 million, up 4% y/y and down 2% y/y organically GAAP EPS of $1.30, down 24% y/y Adjusted EPS of $1.70, down 4% y/y Executed $20 million of share repurchases during the quarter, and $115 million year-to-date through October 29, 2024 "I am pleased that our team continues to navigate this dynamic environment and delivered another solid quarter," said Ashish Chand, President and CEO of Belden. "Demand was stable, with both re
Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure solutions, will report results for the fiscal third quarter ended September 29, 2024, before trading begins on Thursday, October 31, 2024. Management will discuss the Company's results during a conference call at 8:30 a.m. Eastern Time. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of Belden's corporate website at https://investor.belden.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and download and install any necessary audio software. To participate in the
The Solutions Transformation Strategic push lays the foundation to achieve sustainable growth and improved margins Belden provides new 2028 financial targets, outlines a roadmap to achieving the 2025 Adjusted EPS target, and announces a new $300 million share repurchase authorization Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure and digitization solutions, will host its 2024 Investor Day today at the Belden Customer Innovation Center in Chicago, Illinois. Management will provide an update on Belden's Solutions transformation, key accelerators to drive further growth and margin expansion, and new long-term targets that support enhanced sharehol
The Board of Directors of Belden Inc. (NYSE:BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on October 8, 2024, to shareholders of record as of September 12, 2024. About Belden Belden Inc. delivers the infrastructure that makes the digital journey simpler, smarter and secure. We're moving beyond connectivity, from what we make to what we make possible through a performance-driven portfolio, forward-thinking expertise and purpose-built solutions. With a legacy of quality and reliability spanning 120-plus years, we have a strong foundation to continue building the future. We are headquartered in St. Louis and have manufacturing capabilities i
Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal second quarter results for the period ended June 30, 2024. Second Quarter 2024 Highlights Revenues of $604 million, down 13% y/y and down 13% y/y organically GAAP EPS of $1.19, down 26% y/y Adjusted EPS of $1.51, down 21% y/y Closed acquisition of Precision Optical Technologies, Inc. "Demand for the quarter was steady, with our team delivering second quarter revenues and EPS exceeding expectations," said Ashish Chand, President and CEO of Belden. "In this dynamic environment where customers continue to work through inventory, our team
Belden Inc. (NYSE:BDC), a leading global supplier of network infrastructure solutions, will report results for the fiscal second quarter ended June 30, 2024, before trading begins on Thursday, August 1, 2024. Management will discuss the Company's results during a conference call at 8:30 a.m. Eastern Time. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of Belden's corporate website at https://investor.belden.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and download and install any necessary audio software. To participate in the liv
Belden Inc. (NYSE:BDC) today announced it has completed the acquisition of Precision Optical Technologies, Inc. ("Precision Optical Technologies"). "We are excited to welcome the Precision Optical Technologies team to the Belden family," said Dr. Chand. "Precision Optical Technologies' strong position in the optical transceiver market will benefit Belden as we look to grow our solutions offerings in the Enterprise Solutions segment and broadband markets. As networks are upgraded, and bandwidth demands increase, Precision Optical Technologies' products will be critical components as fiber deployments accelerate. Further, combined with Belden fiber and network products, our solutions teams
The Board of Directors of Belden Inc. (NYSE:BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on July 9, 2024, to shareholders of record as of June 13, 2024. About Belden Belden Inc. delivers the infrastructure that makes the digital journey simpler, smarter and secure. We're moving beyond connectivity, from what we make to what we make possible through a performance-driven portfolio, forward-thinking expertise and purpose-built solutions. With a legacy of quality and reliability spanning 120-plus years, we have a strong foundation to continue building the future. We are headquartered in St. Louis and have manufacturing capabilities in North
Belden Inc. (NYSE:BDC) (the "Company"), a leading global supplier of network infrastructure and digitization solutions, today reported fiscal first quarter results for the period ended March 31, 2024. First Quarter 2024 Highlights Revenues of $536 million, down 17% y/y and down 17% y/y organically GAAP EPS of $0.90, down 38% y/y Adjusted EPS of $1.24, down 26% y/y Entered into a definitive agreement to purchase Precision Optical Technologies, Inc. for $290 million in cash Purchased 0.7 million shares for $58 million during the quarter "Stability once again is the key takeaway this quarter, with our teams delivering first quarter revenues and EPS exceeding expectations,"