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Brian Lieser, Executive Vice President of Industrial Automation Solutions at Belden Inc . (NYSE:BDC), a $4.4 billion market cap company, recently executed a sale of company stock. According to a recent SEC filing, Lieser sold 551 shares of Belden common stock on February 25, 2025, at a price of $111.76 per share, totaling approximately $61,579. This transaction was conducted under a pre-established Rule 10b5-1 trading plan, which Lieser adopted on November 7, 2024. InvestingPro analysis indicates the stock generally trades with low price volatility, and management has been actively buying back shares.
Following this sale, Lieser holds 35,131 shares of Belden common stock directly. Additionally, the filing noted stock withheld for tax purposes on February 21 and February 24, 2025, related to restricted stock unit grants that vested on those dates. The stock has shown strong momentum with a 28.6% return over the past year, and analysts maintain a bullish outlook with price targets ranging from $130 to $145 per share.
In other recent news, Belden Inc. reported a strong financial performance for the fourth quarter of 2024, with earnings per share (EPS) of $1.92, surpassing the forecast of $1.68. The company’s revenue for the quarter reached $666 million, exceeding expectations of $653.87 million, marking a 21% year-over-year increase. Despite these positive results, Belden’s stock experienced a decline, which may reflect investor concerns regarding future guidance or broader market conditions. Looking ahead, the company has provided guidance for the first quarter of 2025, projecting revenue between $595 million and $620 million and an adjusted EPS between $1.43 and $1.53.
In terms of analyst perspectives, Benchmark has maintained a Buy rating for Belden with a $130 target, citing the company’s improvement in key growth areas and robust demand drivers. While management remains optimistic about reaching an $8 EPS target for 2025, they have expressed a less bullish stance on achieving this target for the current year. Analysts from Benchmark note that Belden’s strategic shift could lead to significant improvements in its fundamentals, despite near-term headwinds. The company’s strategic initiatives in networking and data solutions have contributed to strong organic growth, particularly in The Americas.
Belden’s management remains confident in their solutions transformation, which is driving incremental growth and margin expansion. The company’s strategic focus on aligning with secular trends and improving business conditions is anticipated to support its performance in the coming years. However, potential challenges such as currency headwinds and supply chain disruptions could impact future earnings. As Belden continues to navigate these dynamics, its performance will be closely watched by investors and analysts alike.
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