DMC Global $BOOM Shares Bought by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. increased its shareholding in DMC Global by 55.1%, owning approximately 0.67% of the company, worth $1.16 million.
• DMC Global reported earnings of $0.12 per share for the last quarter, exceeding expectations of $0.05, with revenue of $155.49 million.
• Research analysts have downgraded DMC Global's rating from "strong-buy" to "hold," and the stock currently has a consensus price target of $8.50.

Goldman Sachs Group Inc. grew its stake in DMC Global (NASDAQ:BOOM - Free Report) by 55.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,128 shares of the industrial products company's stock after acquiring an additional 48,732 shares during the quarter. Goldman Sachs Group Inc. owned about 0.67% of DMC Global worth $1,155,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cooke & Bieler LP grew its stake in DMC Global by 12.0% during the 1st quarter. Cooke & Bieler LP now owns 1,963,653 shares of the industrial products company's stock worth $16,534,000 after buying an additional 210,234 shares during the last quarter. Pacific Ridge Capital Partners LLC grew its stake in shares of DMC Global by 7.0% during 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. Hunter Associates Investment Management LLC grew its stake in shares of DMC Global by 9.9% during the first quarter. Hunter Associates Investment Management LLC now owns 461,380 shares of the industrial products company's stock worth $3,877,000 after acquiring an additional 41,737 shares during the last quarter. Federated Hermes Inc. raised its position in shares of DMC Global by 313.1% in the 1st quarter. Federated Hermes Inc. now owns 232,781 shares of the industrial products company's stock valued at $1,960,000 after purchasing an additional 176,425 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in DMC Global by 5.1% in the 4th quarter. Northern Trust Corp now owns 182,938 shares of the industrial products company's stock worth $1,345,000 after purchasing an additional 8,796 shares in the last quarter. 77.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

DMC Global Stock Performance

NASDAQ BOOM traded up $0.51 during mid-day trading on Monday, reaching $7.98. 691,754 shares of the stock were exchanged, compared to its average volume of 207,625. DMC Global has a 1 year low of $5.78 and a 1 year high of $13.77. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.34 and a current ratio of 2.76. The business's 50 day moving average is $7.21 and its 200-day moving average is $7.36. The company has a market capitalization of $164.23 million, a P/E ratio of -0.92 and a beta of 1.41.

DMC Global (NASDAQ:BOOM - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $151.60 million. DMC Global has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast 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.