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Brian Lieser, Executive Vice President of Automation Solutions at Belden Inc . (NYSE:BDC), recently sold 2,061 shares of the company’s common stock. The sale, which took place on March 4, 2025, was conducted at a price of $104.64 per share, totaling approximately $215,663. The transaction comes as Belden, with a market capitalization of $4.3 billion, trades near its current Fair Value according to InvestingPro analysis. Following this transaction, Lieser holds 41,494 shares directly. Additionally, he maintains a balance of 379.2634 shares indirectly through the Belden Retirement Savings Plan. The sale was executed under a pre-established Rule 10b5-1 trading plan adopted by Lieser in November 2024. While this insider sale occurred, InvestingPro data shows management has been actively buying back shares, and the stock has delivered a strong 22% return over the past year. InvestingPro subscribers can access 7 additional key insights about Belden’s financial health and growth prospects in the comprehensive Pro Research Report.
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 and marking a 21% year-over-year increase. Despite these positive earnings results, Belden’s stock experienced a decline, reflecting possible investor concerns about broader market trends or future guidance. Looking ahead, the company provided guidance for the first quarter of 2025, projecting revenue between $595 million and $620 million, with an adjusted EPS guidance set between $1.43 and $1.53.
In other developments, Benchmark analysts maintained their Buy rating for Belden, setting a price target of $130, while acknowledging the company’s cautious approach to first-quarter guidance due to potential uncertainties in trade policy. The analysts highlighted strong demand drivers and positive order trends, suggesting a robust outlook for the company’s market segments. They also noted that Belden’s strategic shift is expected to lead to significant improvements in its fundamentals. Despite a tempered outlook for the first quarter, Belden’s management remains optimistic about achieving an $8 EPS target for 2025, contingent on improved business conditions.
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