BeldenBDC
Market Cap: 3.74B
About: Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products. It operates in Americas, EMEA and APAC, out of which maximum revenue from Americas.
Employees: 8,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]
20% more capital invested
Capital invested by funds: $3.13B [Q4 2023] → $3.77B (+$636M) [Q1 2024]
1.8% more ownership
Funds ownership: 97.23% [Q4 2023] → 99.03% (+1.8%) [Q1 2024]
3% less funds holding
Funds holding: 282 [Q4 2023] → 273 (-9) [Q1 2024]
10% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 109
24% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 38
31% less call options, than puts
Call options by funds: $954K | Put options by funds: $1.39M
Research analyst outlook
7 Wall Street Analysts provided 1 year price forecasts over the past 6 months
7 analyst ratings
Vertical Research Kevin McCarthy | 20%upside $110 | Buy Initiated | 23 Jul 2024 |
Truist Securities William Stein | 34%upside $123 | Buy Maintained | 5 Jul 2024 |
Truist Securities William Stein | 29%upside $119 | Buy Reiterated | 14 Jun 2024 |
Loop Capital Chris Dankert | 25%upside $115 | Buy Maintained | 17 May 2024 |
Benchmark Reuben Garner | 9%upside $100 | Buy Reiterated | 6 May 2024 |
Financial journalist opinion
Based on 4 articles about BDC published over the past 30 days