Belden
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 Q2 SEC filings by fund managers ($100M+ AUM)
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
5% more funds holding
Funds holding: 276 [Q1] → 290 (+14) [Q2]
3.22% more ownership
Funds ownership: 99.89% [Q1] → 103.11% (+3.22%) [Q2]
4% more capital invested
Capital invested by funds: $3.8B [Q1] → $3.93B (+$135M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 114
35% less call options, than puts
Call options by funds: $807K | Put options by funds: $1.24M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Benchmark Reuben Garner 78% 1-year accuracy 14 / 18 met price target | 3%upside $120 | Buy Maintained | 18 Sept 2024 |
Benchmark Reuben Garner 78% 1-year accuracy 14 / 18 met price target | 1%downside $115 | Buy Maintained | 2 Aug 2024 |
Truist Securities William Stein 81% 1-year accuracy 30 / 37 met price target | 6%upside $124 | Buy Maintained | 2 Aug 2024 |
Vertical Research Kevin McCarthy 63% 1-year accuracy 5 / 8 met price target | 6%downside $110 | Buy Initiated | 23 Jul 2024 |
Financial journalist opinion
Based on 4 articles about BDC published over the past 30 days
