Nuveen LLC Makes New Investment in DMC Global $BOOM

Key Points

• Nuveen LLC has made a new investment in DMC Global by purchasing 66,981 shares valued at approximately $564,000, bringing its ownership to about 0.33% of the company.
• DMC Global reported $0.12 earnings per share for the last quarter, exceeding analysts' expectations of $0.05, and generated revenue of $155.49 million, surpassing the predicted $151.60 million.
• Institutional investors hold a significant majority, 77.63%, of DMC Global's stock, reflecting growing interest from various hedge funds and investment firms.

Nuveen LLC purchased a new position in shares of DMC Global (NASDAQ:BOOM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 66,981 shares of the industrial products company's stock, valued at approximately $564,000. Nuveen LLC owned approximately 0.33% of DMC Global at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BOOM. Wells Fargo & Company MN raised its position in shares of DMC Global by 29.5% in the fourth 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 during the period. Barclays PLC raised its position 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 valued at $222,000 after purchasing an additional 3,621 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of DMC Global by 5.2% in 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 purchasing an additional 1,342 shares during the period. Northern Trust Corp raised its position in shares of DMC Global by 5.1% in the fourth quarter. Northern Trust Corp now owns 182,938 shares of the industrial products company's stock valued at $1,345,000 after purchasing an additional 8,796 shares during the period. Finally, Jane Street Group LLC raised its position in shares of 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. 77.63% of the stock is owned by institutional investors.

DMC Global Stock Performance

Shares of NASDAQ:BOOM traded down $0.01 on Tuesday, reaching $7.34. 86,772 shares of the company's stock were exchanged, compared to its average volume of 198,719. The company has a fifty day moving average of $7.44 and a 200-day moving average of $7.44. DMC Global has a twelve month low of $5.78 and a twelve month high of $13.77. The company has a market capitalization of $151.06 million, a price-to-earnings ratio of -0.85 and a beta of 1.41. 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 (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 firm 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, research analysts predict that DMC Global will post -0.23 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

DMC Global Company Profile

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.