belden inc., a global leader in high quality, end-to-end signal transmission solutions, delivers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise and broadcast markets. with innovative solutions targeted at reliable and secure transmission of rapidly growing amounts of data, audio and video needed for today’s applications, belden is at the center of the global transformation to a connected world.
Company profile
Ticker
BDC
Exchange
Website
CEO
John Stroup
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BELDEN CDT INC., CABLE DESIGN TECHNOLOGIES CORP
SEC CIK
Corporate docs
Subsidiaries
by Belden Inc. • BDX Mexico Holdings • Belden 1993 LLC • Belden AB • Belden Asia (Hong Kong) Limited • Belden Asia (Thailand) Company Limited • Belden Australia Pty Ltd. • Belden Canada Finance • Belden Canada Holding B.V. • Belden Canada ULC ...
IRS number
363601505
BDC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Belden Reports Record Quarterly Results
3 Aug 23
8-K
Departure of Directors or Certain Officers
20 Jun 23
SD
Conflict minerals disclosure
31 May 23
8-K
Submission of Matters to a Vote of Security Holders
30 May 23
10-Q
2023 Q1
Quarterly report
8 May 23
8-K
Belden Reports Strong Results for First Quarter 2023 and Completes Acquisition of Berthold Sichert GmbH
3 May 23
ARS
2022 FY
Annual report to shareholders
11 Apr 23
DEFA14A
Additional proxy soliciting materials
11 Apr 23
DEF 14A
Definitive proxy
11 Apr 23
Transcripts
BDC
Earnings call transcript
2023 Q1
3 May 23
BDC
Earnings call transcript
2022 Q4
8 Feb 23
BDC
Earnings call transcript
2022 Q3
2 Nov 22
BDC
Earnings call transcript
2022 Q2
3 Aug 22
BDC
Earnings call transcript
2022 Q1
4 May 22
BDC
Earnings call transcript
2021 Q4
9 Feb 22
BDC
Earnings call transcript
2021 Q3
3 Nov 21
BDC
Earnings call transcript
2021 Q2
5 Aug 21
BDC
Earnings call transcript
2021 Q1
8 May 21
BDC
Earnings call transcript
2020 Q4
10 Feb 21
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 514.77 mm | 514.77 mm | 514.77 mm | 514.77 mm | 514.77 mm | 514.77 mm |
| Cash burn (monthly) | 24.76 mm | 1.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 66.28 mm | 2.88 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 448.49 mm | 511.89 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 18.1 | 475.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
99.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 316 |
| Opened positions | 30 |
| Closed positions | 29 |
| Increased positions | 102 |
| Reduced positions | 127 |
| 13F shares | Current |
|---|---|
| Total value | 3.98 tn |
| Total shares | 42.00 mm |
| Total puts | 2.90 k |
| Total calls | 11.00 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 4.99 mm | $477.59 bn |
| Vanguard | 4.62 mm | $442.06 bn |
| Allspring Global Investments | 1.56 mm | $148.79 bn |
| Dimensional Fund Advisors | 1.50 mm | $143.89 bn |
| STT State Street | 1.46 mm | $139.33 bn |
| Boston Partners | 1.42 mm | $134.68 bn |
| Alliancebernstein | 1.27 mm | $109.94 bn |
| MCQEF Macquarie | 1.26 mm | $120.86 bn |
| T. Rowe Price Investment Management | 1.01 mm | $96.34 bn |
| Fuller & Thaler Asset Management | 981.91 k | $93.92 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Jul 23 | Doug Zink | Common Stock | Other | Acquire J | No | No | 62.056 | 269 | 16.69 k | 6,695 |
| 12 Jul 23 | Chand Ashish | Common Stock | Other | Acquire J | No | No | 62.056 | 342 | 21.22 k | 45,546 |
| 12 Jul 23 | Brian Lieser | Common Stock | Other | Acquire J | No | No | 62.056 | 87 | 5.40 k | 17,298 |
| 12 Jul 23 | Leah Tate | Common Stock | Other | Acquire J | No | No | 62.056 | 342 | 21.22 k | 9,491 |
| 12 Jul 23 | Anderson Brian Edward | Common Stock | Other | Acquire J | No | No | 62.056 | 342 | 21.22 k | 34,883 |
News
Benzinga's Top Ratings Upgrades, Downgrades For September 5, 2023
5 Sep 23
Goldman Sachs Upgrades Belden to Buy, Raises Price Target to $117
5 Sep 23
Belden Expects 3Q23 Revenues Of $ $675M-$690M Vs. Consensus $703.62M; Sees Adjusted EPS Of $1.75-$1.85 Vs. Consensus $1.85
3 Aug 23
Belden Lowers FY23 Revenue Outlook To $2.695B-$2.725B (Prior $2.71B-$2.76B) Vs. Consensus Of $2.74B; Sees Adjusted EPS Of $7.15-$7.35 (Prior $6.95-$7.25) Vs. $7.16 Consensus
3 Aug 23
Belden Q2 EPS $1.91 Beats $1.75 Estimate, Sales $692.25M Beat $683.00M Estimate
3 Aug 23
Press releases
Sidoti Events, LLC's Virtual September Small-Cap Conference
19 Sep 23
Belden Declares Quarterly Dividend
21 Aug 23
New Belden Tubbesing Partnership Accelerates Technical Capabilities in the US Southwest Region
9 Aug 23
Belden Reports Record Quarterly Results
3 Aug 23
Belden is certified as a Great Place to Work
18 Jul 23