Belden
Connects industrial and enterprise networks from cabling through Wi-Fi, switching, and cloud management.
Something off on this page? Send us feedback.
Profile
Supplies cabling, industrial networking, cybersecurity, broadband infrastructure, and RUCKUS enterprise Wi-Fi and switching through distributor and direct channels. Its full-stack portfolio spans passive connectivity, active network equipment, and cloud management across industrial and enterprise environments.
Builds full-stack networks for industrial, enterprise, smart-building, broadband, and data-center environments. Automation Solutions supplies industrial Ethernet, connectivity, cybersecurity, and data-orchestration tools; Smart Buildings and Broadband Solutions provide copper and fiber cabling, connectivity, power, enclosures, and network infrastructure; RUCKUS adds enterprise Wi-Fi, switching, and cloud-based network management.
Combines passive infrastructure with active networking and software, letting customers source more of an IT/OT network from one supplier. Sales run largely through distributors, with direct channels to end users, installers, and equipment makers. Customer-project timing and channel inventories can shift revenue, while the RUCKUS acquisition brings integration demands. Manufacturing and operating facilities span North America, Europe, Asia, and Africa, and a substantial share of sales comes from outside the United States.
Company facts
Categories
Key statistics
Year to date −2.2% · Average volume (30d) 450.5K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 19, 2026 | DA Davidson | Reiterate | Buy | $155 | $170 |
| Jul 2, 2026 | Truist Financial | Target | $150 | $155 | |
| Jun 26, 2026 | Citigroup | Initiate | Buy | ||
| Jun 15, 2026 | D.A. Davidson | Target | $155 | ||
| Dec 19, 2025 | Truist Financial | Target | $123 | $150 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $2.02 | $2.34 | +15.8% | $746.8M | $750.2M | +0.5% | +14.78% |
| Apr 30, 2026Q1 FY26 | $1.71 | $1.77 | +3.5% | $677.0M | $696.4M | +2.9% | +1.48% |
| Feb 12, 2026Q4 FY25 | $1.93 | $2.08 | +7.8% | $696.9M | $720.1M | +3.3% | −0.85% |
| Oct 30, 2025Q3 FY25 | $1.90 | $1.97 | +3.7% | $697.0M | $698.2M | +0.2% | −0.34% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $624.9M | $672.0M | $698.2M | $720.1M | $696.4M | $750.2M | |
| Gross profit | $245.8M | $245.1M | $249.6M | $251.0M | $250.7M | $293.6M | |
| Operating income | $72.6M | $82.4M | $85.5M | $89.2M | $86.1M | $114.1M | |
| Net income | $51.9M | $61.0M | $56.7M | $67.9M | $51.0M | $68.5M | |
| Diluted EPS | $1.27 | $1.53 | $1.41 | $1.70 | $1.30 | $1.74 | |
| Gross margin | 39.3% | 36.5% | 35.7% | 34.9% | 36.0% | 39.1% | |
| Operating margin | 11.6% | 12.3% | 12.2% | 12.4% | 12.4% | 15.2% |
Fiscal years (4-quarter sums)FY21 $2.33B · FY22 $2.61B · FY23 $2.51B · FY24 $2.46B · FY25 $2.72B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 28, 2026Cash & short-term investments $348.7M · Total debt $1.32B · Total assets $3.57B · Shareholders' equity $1.38B
Dividends
Raised for 20 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 16, 2026 | Jun 16 | Jul 9 | $0.05 | |
| Mar 12, 2026 | Mar 12 | Apr 9 | $0.05 | |
| Dec 11, 2025 | Dec 11 | Jan 8 | $0.05 | |
| Sep 11, 2025 | Sep 11 | Oct 7 | $0.05 | |
| Jun 12, 2025 | Jun 12 | Jul 9 | $0.05 | |
| Mar 13, 2025 | Mar 13 | Apr 10 | $0.05 | |
| Dec 12, 2024 | Dec 12 | Jan 9 | $0.05 | |
| Sep 12, 2024 | Sep 12 | Oct 8 | $0.05 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 39.08M · Float 38.43M · 98.3% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 5.14M | 13.16% | 13F | Aug 7, 2026 |
| FMR LLC | 4.05M | 10.35% | 13F | Aug 13, 2026 |
| Price T Rowe Associates Inc /MD/ | 3.47M | 8.88% | 13F | Aug 14, 2026 |
| T. Rowe Price Associates, Inc. | 3.23M | 8.20% | 13G | Feb 17, 2026 |
| Vanguard Portfolio Management LLC | 2.76M | 7.06% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 30, 2026 | Assured Guaranty Ltd | 10 percent owner | +242,718 | $24.72 |
| Apr 14, 2026 | Brian Lieser | officer: EVP - Chief Comm. Officer | −2,719 | $130.69 |
| Feb 4, 2026 | Leah Tate | officer: SVP - HR | −2,954 | $130.00 |
| Feb 5, 2026 | Doug Zink | officer: VP and CAO | −485 | $126.00 |
| Feb 6, 2026 | Doug Zink | officer: VP and CAO | −1,452 | $133.96 |
Peers
- Cisco Systems
Industrial OT switches, OT security, and dominant enterprise WiFi
- Rockwell Automation
Stratix industrial Ethernet and SecureOT cybersecurity for EtherNet/IP OT
- Amphenol
Global connector maker expanded into broadband and enterprise cabling
- Corning
Dominant fiber optic maker in enterprise cabling, data center, and FTTH
- Hewlett Packard Enterprise
Aruba + Juniper Mist campus networking — primary rival to RUCKUS
- Extreme Networks
Cloud-managed campus WiFi and switching for enterprises and public-sector
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Belden | $115.00 | −0.15% | $4.50B | 18.7 | 12.4 | 1.6 | +11.6% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Rockwell Automation | $435.15 | +0.99% | $47.94B | 40.5 | 29.8 | 5.3 | +7.9% |
| Amphenol | $158.44 | +0.46% | $194.49B | 39.4 | 26.9 | 6.7 | +55.0% |
| Corning | $148.68 | −0.11% | $128.23B | 67.7 | 39.9 | 7.6 | +22.7% |
| Hewlett Packard Enterprise | $52.56 | +0.50% | $69.26B | 49.8 | 13.4 | 1.8 | +40.0% |
| Extreme Networks | $22.50 | −0.37% | $2.95B | 73.1 | 17.2 | 2.3 | +10.3% |
| Median | 45.2 | 24.2 | 6.0 | +20.1% |