DA Davidson Reiterates Buy Rating on Belden Inc.

DA Davidson maintains its Buy rating on Belden Inc. with a $155 target.

Key Points

  • DA Davidson reiterated its Buy rating on Belden Inc. (BDC) with a $155 price target on June 16, 2026.
  • Belden Inc. shares are trading at $114.77, with a market cap of $4.47 billion and a forward P/E of 12.91.
  • Institutional investors like BlackRock and Vanguard have shown varied activity in Belden's stock.

DA Davidson has reaffirmed its Buy rating on Belden Inc. (NYSE: BDC), setting a price target of $155. Analyst Chris Dankert reiterated the rating on June 16, 2026, as the stock trades at $114.77.

Other Institutional Activity in Belden Inc.

Institutional investors have been active in Belden Inc. recently. BlackRock, Inc. increased its holdings by 17,148 shares, bringing its total to 4,917,873 shares valued at approximately $564.7 million. On the other hand, FMR LLC reduced its position by 659,101 shares, now holding 3,923,994 shares worth about $450.6 million. Meanwhile, Price T Rowe Associates increased its stake by 291,837 shares to a total of 3,517,081 shares valued at $403.9 million.

Belden Inc. Stock Snapshot

Belden Inc. (NYSE: BDC) shares are currently trading at $114.77. The company has a market cap of $4.47 billion and a P/E ratio of 19.29, with a forward P/E of 12.91. The stock's 52-week range is between $101.00 and $159.99, and it has a 50-day moving average of $115.97 and a 200-day moving average of $120.69. Belden's beta is 1.146, indicating moderate volatility compared to the market.

Recent Earnings

Belden reported revenue of $2.79 billion, marking a growth of 11.4%. The company's earnings per share (EPS) stood at $5.95, with a net margin of 8.49% and a return on equity (ROE) of 18.89%. The next earnings report is expected on July 30, 2026.

Dividend

Belden pays an annual dividend rate of $0.20, yielding 0.17%. The payout ratio is a conservative 3.37%, providing room for potential increases in the future.

Insider Buying and Selling at Belden Inc.

On May 21, 2026, several insiders, including Nancy Calderon, Jonathan Klein, and Vivie Lee, each acquired 1,527 shares of Belden Inc. These transactions were not part of any pre-arranged trading plans.

Analysts Set New Price Targets

On June 16, 2026, DA Davidson reiterated its Buy rating on Belden Inc. with a $155 price target. Benchmark maintained its Buy rating with a $175 target on February 13, 2026. The consensus among analysts is a Buy rating, with a mean price target of $151 based on three analyst opinions.

About Belden Inc.

Belden Inc., headquartered in Saint Louis, Missouri, operates in the technology sector, specializing in communication equipment. The company provides a variety of connectivity solutions, including copper and fiber cables, interconnect panels, and signal extension systems. These products serve industries like data centers, telecommunications, and building automation. Founded in 1902, Belden employs around 8,000 people and is led by CEO Dr. Ashish Chand.

Bottom Line

Belden Inc. remains a focal point for investors, with DA Davidson's reiterated Buy rating and a $155 price target reflecting confidence in the company's prospects. The stock's current performance and financial metrics, such as a forward P/E of 12.91, suggest potential value. Institutional activity and insider purchases also indicate ongoing interest in Belden's growth story.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.