Jacobs Levy Equity Management Inc. Purchases New Stake in DMC Global $BOOM

Key Points

• Jacobs Levy Equity Management Inc. acquired a new stake in DMC Global, purchasing 135,281 shares valued at approximately $1,139,000, representing 0.66% ownership at the end of the recent quarter.
• Research analysts have downgraded DMC Global’s ratings, with Wall Street Zen and Zacks Research both moving from a "buy" to a "hold" rating.
• DMC Global reported $0.12 EPS for the latest quarter, surpassing analysts' expectations of $0.05, while revenues reached $155.49 million against estimates of $151.60 million.

Jacobs Levy Equity Management Inc. purchased a new stake in shares of DMC Global (NASDAQ:BOOM - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 135,281 shares of the industrial products company's stock, valued at approximately $1,139,000. Jacobs Levy Equity Management Inc. owned 0.66% of DMC Global at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its position in DMC Global by 5.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 26,952 shares of the industrial products company's stock valued at $199,000 after buying an additional 1,342 shares during the period. Jane Street Group LLC increased its stake in DMC Global by 13.3% in the 4th quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company's stock valued at $99,000 after buying an additional 1,585 shares during the period. SummerHaven Investment Management LLC increased its stake in DMC Global by 3.2% in the 1st quarter. SummerHaven Investment Management LLC now owns 57,390 shares of the industrial products company's stock valued at $483,000 after buying an additional 1,766 shares during the period. GAMMA Investing LLC increased its stake in DMC Global by 115.6% in the 1st 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 during the period. Finally, Deutsche Bank AG increased its stake in DMC Global by 5.6% in the 4th quarter. Deutsche Bank AG now owns 69,820 shares of the industrial products company's stock valued at $513,000 after buying an additional 3,709 shares during the period. 77.63% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

DMC Global Stock Performance

NASDAQ:BOOM opened at $7.03 on Friday. DMC Global has a 1 year low of $5.78 and a 1 year high of $13.77. The company has a current ratio of 2.76, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $144.68 million, a PE ratio of -0.81 and a beta of 1.41. The firm's fifty day simple moving average is $7.35 and its 200 day simple moving average is $7.42.

DMC Global (NASDAQ:BOOM - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.07. The business had revenue of $155.49 million for the quarter, compared to analyst estimates 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. On average, sell-side analysts anticipate that DMC Global will post -0.23 EPS for the current 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.

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