Gabelli Funds LLC Has $1.33 Million Stake in DMC Global $BOOM

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 raised its stake in DMC Global (NASDAQ:BOOM - Free Report) by 268.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 approximately 0.77% of DMC Global worth $1,329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of DMC Global by 115.6% in the first quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company's stock worth $45,000 after acquiring an additional 2,864 shares during the last quarter. Man Group plc lifted its holdings in shares of DMC Global by 16.4% in the fourth quarter. Man Group plc now owns 43,619 shares of the industrial products company's stock worth $321,000 after acquiring an additional 6,141 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings in shares of DMC Global by 7.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 603,075 shares of the industrial products company's stock worth $5,078,000 after acquiring an additional 39,632 shares during the last quarter. Barclays PLC lifted its holdings in shares of DMC Global by 13.5% in the fourth quarter. Barclays PLC now owns 30,362 shares of the industrial products company's stock worth $222,000 after acquiring an additional 3,621 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of DMC Global by 4.4% in the fourth quarter. Invesco Ltd. now owns 51,022 shares of the industrial products company's stock worth $375,000 after acquiring an additional 2,128 shares during the last quarter. Institutional investors own 77.63% of the company's stock.

Wall Street Analyst Weigh In

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

DMC Global Trading Up 2.3%

NASDAQ:BOOM traded up $0.16 on Friday, reaching $7.09. 61,598 shares of the stock traded hands, compared to its average volume of 198,364. The firm has a market capitalization of $145.83 million, a price-to-earnings ratio of -0.82 and a beta of 1.41. The company's 50 day moving average is $7.47 and its 200-day moving average is $7.47. 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 1-year low of $5.78 and a 1-year high of $13.77.

DMC Global (NASDAQ:BOOM - Get Free Report) last released its earnings results 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. The business had revenue of $155.49 million during the quarter, compared to the consensus estimate of $151.60 million. DMC Global had a negative net margin of 17.54% and a negative return on equity of 1.27%. DMC Global has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that DMC Global will post -0.23 EPS for the current fiscal year.

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.