MAY 11·MarketBeat▲
Wesbanco Bank Inc. Acquires Shares of 10,000 Belden Inc $BDC
Wesbanco Bank Inc. has acquired a new stake of 10,000 shares in Belden Inc., valued at approximately $1.166 million, according to its latest SEC filing. This acquisition highlights continued strong institutional interest, with major firms like Vanguard and Invesco also increasing their holdings, contributing to 98.75% institutional ownership of Belden's stock. The company recently exceeded Wall Street expectations with Q1 EPS of $1.77 and revenue of $696.38 million, leading analysts to rate it a "Moderate Buy" with an average price target of $162.50.
APR 30·MarketBeat▲
M&T Bank Corp Takes $1.47 Million Position in Belden Inc $BDC
M&T Bank Corp has acquired a new stake of 12,581 shares in Belden Inc (NYSE:BDC) during the fourth quarter, valued at approximately $1.47 million. Belden beat Q4 earnings expectations with an EPS of $2.08 and revenue of $720.12 million, issuing Q1 2026 EPS guidance between $1.65 and $1.75. The company currently holds a "Moderate Buy" consensus rating with an average price target of $162.50 from analysts.