DMC Global $BOOM Stock Position Raised by Gabelli Funds LLC

Key Points

• Gabelli Funds LLC has increased its stake in DMC Global by 268.7%, owning approximately 0.77% of the company, worth around $1.33 million as of its latest SEC filing.
• DMC Global reported an earnings per share (EPS) of $0.12, surpassing analysts' expectations of $0.05, alongside revenue of $155.49 million.
• Multiple analysts have recently downgraded DMC Global's stock rating to “hold,” with a consensus price target of $8.50.

Gabelli Funds LLC grew its position in shares of DMC Global (NASDAQ:BOOM - Free Report) by 268.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,815 shares of the industrial products company's stock after acquiring an additional 115,015 shares during the quarter. Gabelli Funds LLC owned about 0.77% of DMC Global worth $1,329,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BOOM. GAMMA Investing LLC lifted its position in DMC Global by 115.6% during the first quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company's stock valued at $45,000 after buying an additional 2,864 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in DMC Global by 236.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,865 shares of the industrial products company's stock worth $58,000 after purchasing an additional 4,823 shares during the period. Wells Fargo & Company MN increased its holdings in DMC Global by 29.5% in the 4th quarter. Wells Fargo & Company MN now owns 11,701 shares of the industrial products company's stock valued at $86,000 after purchasing an additional 2,667 shares in the last quarter. Jane Street Group LLC raised its position in DMC Global by 13.3% in the fourth quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company's stock valued at $99,000 after purchasing an additional 1,585 shares during the period. Finally, MetLife Investment Management LLC acquired a new position in shares of DMC Global during the first quarter worth about $100,000. Hedge funds and other institutional investors own 77.63% of the company's stock.

DMC Global Stock Performance

BOOM traded up $0.25 during trading hours on Thursday, hitting $6.94. The company's stock had a trading volume of 66,269 shares, compared to its average volume of 198,826. The company has a current ratio of 2.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. DMC Global has a fifty-two week low of $5.78 and a fifty-two week high of $13.77. The company has a 50-day simple moving average of $7.48 and a 200 day simple moving average of $7.49. The firm has a market capitalization of $142.83 million, a PE ratio of -0.80 and a beta of 1.41.

DMC Global (NASDAQ:BOOM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.07. DMC Global had a negative net margin of 17.54% and a negative return on equity of 1.27%. The business had revenue of $155.49 million for the quarter, compared to analysts' expectations of $151.60 million. DMC Global has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that DMC Global will post -0.23 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on BOOM. Wall Street Zen cut shares of DMC Global from a "buy" rating to a "hold" rating in a research report on Friday, July 18th. Zacks Research cut shares of DMC Global from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $8.50.

About DMC Global

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.