Strs Ohio Invests $487,000 in DMC Global $BOOM

Key Points

• Strs Ohio acquired a new stake in DMC Global, purchasing 57,800 shares valued at approximately $487,000, which represents about 0.28% of the company.
• Several institutional investors increased their holdings in DMC Global during the 1st quarter, with Federated Hermes Inc. seeing the largest growth of 313.1%.
• DMC Global reported earnings per share of $0.12 for the last quarter, surpassing estimates, but the stock has a negative net margin of 17.54%.

Strs Ohio bought a new position in DMC Global (NASDAQ:BOOM - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 57,800 shares of the industrial products company's stock, valued at approximately $487,000. Strs Ohio owned about 0.28% of DMC Global as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in shares of DMC Global by 115.6% during the first quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company's stock worth $45,000 after buying an additional 2,864 shares during the last quarter. Man Group plc grew its position in DMC Global by 16.4% in the fourth quarter. Man Group plc now owns 43,619 shares of the industrial products company's stock valued at $321,000 after acquiring an additional 6,141 shares during the period. Pacific Ridge Capital Partners LLC grew its position in 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 valued at $5,078,000 after acquiring an additional 39,632 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in DMC Global in the first quarter valued at $1,139,000. Finally, Jane Street Group LLC grew its holdings in shares of DMC Global by 13.3% during the fourth quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company's stock worth $99,000 after purchasing an additional 1,585 shares during the last quarter. 77.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

DMC Global Trading Up 6.8%

NASDAQ:BOOM traded up $0.51 during mid-day trading on Monday, hitting $7.98. The company had a trading volume of 691,754 shares, compared to its average volume of 207,625. DMC Global has a fifty-two week low of $5.78 and a fifty-two week high of $13.77. The business's fifty day moving average is $7.21 and its two-hundred day moving average is $7.36. 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 firm has a market cap 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 released its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 1.27% and a negative net margin of 17.54%. DMC Global has set its Q3 2025 guidance at EPS. As a group, research analysts expect that DMC Global will post -0.23 earnings per share for the current year.

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.