Simpson Manufacturing (NYSE:SSD) Price Target Raised to $220.00 at Robert W. Baird

Key Points

• Robert W. Baird raised its price target on Simpson Manufacturing to $220 (from $216) and kept an "outperform" rating, implying roughly a 17.9% upside from the stock's current level.
• Q1 results beat expectations: EPS $2.13 vs. $1.84 and revenue ~$588M (up 9.1% YoY); the company repurchased $50M but cautioned that lower US housing starts could pressure demand despite a 2026 operating margin target of 19.5%–20.5%.
• Analyst coverage is mixed (two Buy, two Hold) with an average target of $209.25, and institutional investors own about 93.7% of the stock, with recent position increases by firms like Goldman Sachs and AQR.

Simpson Manufacturing (NYSE:SSD - Get Free Report) had its target price boosted by research analysts at Robert W. Baird from $216.00 to $220.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an "outperform" rating on the construction company's stock. Robert W. Baird's target price would suggest a potential upside of 17.91% from the stock's current price.

A number of other analysts have also recently commented on SSD. Stephens set a $200.00 price objective on Simpson Manufacturing in a research report on Tuesday, February 10th. Wall Street Zen lowered Simpson Manufacturing from a "buy" rating to a "hold" rating in a research note on Sunday, March 8th. DA Davidson lifted their price target on Simpson Manufacturing from $190.00 to $200.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 11th. Stifel Nicolaus lifted their price target on Simpson Manufacturing from $205.00 to $217.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Weiss Ratings lowered Simpson Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, April 2nd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Simpson Manufacturing has an average rating of "Moderate Buy" and an average target price of $209.25.

Simpson Manufacturing Stock Up 2.8%

Simpson Manufacturing stock opened at $186.58 on Tuesday. The stock has a market capitalization of $7.69 billion, a PE ratio of 22.62 and a beta of 1.37. Simpson Manufacturing has a 12 month low of $149.79 and a 12 month high of $211.98. The business has a 50 day simple moving average of $180.96 and a 200-day simple moving average of $176.86. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.54 and a quick ratio of 1.99.

Simpson Manufacturing (NYSE:SSD - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The construction company reported $2.13 EPS for the quarter, beating analysts' consensus estimates of $1.84 by $0.29. The business had revenue of $587.96 million during the quarter, compared to analysts' expectations of $550.08 million. Simpson Manufacturing had a return on equity of 17.63% and a net margin of 14.79%.The business's revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.85 earnings per share. On average, analysts anticipate that Simpson Manufacturing will post 8.98 EPS for the current fiscal year.

Hedge Funds Weigh In On Simpson Manufacturing

Several large investors have recently modified their holdings of the business. AQR Capital Management LLC raised its holdings in shares of Simpson Manufacturing by 51.3% in the 1st quarter. AQR Capital Management LLC now owns 5,093 shares of the construction company's stock valued at $798,000 after buying an additional 1,726 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Simpson Manufacturing by 11.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,720 shares of the construction company's stock valued at $427,000 after buying an additional 286 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Simpson Manufacturing in the 1st quarter valued at $531,000. Goldman Sachs Group Inc. raised its holdings in shares of Simpson Manufacturing by 43.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 212,164 shares of the construction company's stock valued at $33,327,000 after buying an additional 64,114 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Simpson Manufacturing by 11.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,099 shares of the construction company's stock valued at $19,022,000 after buying an additional 12,865 shares during the period. Institutional investors and hedge funds own 93.68% of the company's stock.

Key Headlines Impacting Simpson Manufacturing

Here are the key news stories impacting Simpson Manufacturing this week:

• Positive Sentiment: Q1 beat and operational strength — SSD reported Q1 EPS of $2.13 (well above consensus) and revenue of ~$588M (up 9.1% YoY and above estimates). Operating profit and net income rose double digits; cash from operations jumped and the company repurchased $50M of stock, supporting earnings per-share trends. Simpson Manufacturing Co., Inc. Announces 2026 First Quarter Financial Results and Reaffirms 2026 Guidance
• Positive Sentiment: Beating Street estimates — multiple outlets confirm SSD topped EPS and revenue expectations, reinforcing upside vs. consensus and helping lift analyst sentiment and price targets in the run-up to today’s trade. Simpson Manufacturing (SSD) Tops Q1 Earnings and Revenue Estimates
• Neutral Sentiment: Management commentary and call transcript — the earnings call and transcripts provide detail on margin drivers, cost trends and execution, but contained no major strategic changes; useful for modeling but not a clear directional catalyst by itself. Simpson (SSD) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Housing-starts headwind flagged — management outlined a 2026 operating-margin target of ~19.5%–20.5% but noted US housing starts are expected to be down low single digits, which could pressure end-market demand and future revenue growth. Simpson outlines 19.5%-20.5% 2026 operating margin as US housing starts expected down low single digits
• Negative Sentiment: Insider selling and mixed institutional flows — recent data shows some insider share sales and notable quarterly shifts in institutional holdings, which could temper investor enthusiasm if sustained. Simpson Manufacturing Company Inc. (SSD) Stock Rises on Q1 2026 Earnings

About Simpson Manufacturing

Simpson Manufacturing Co, Inc, through its Simpson Strong-Tie® brand, is a leading global supplier of structural building products. The company specializes in the design, testing, manufacture and supply of connectors, anchors, fasteners and lateral systems that enhance the safety and performance of wood, concrete and masonry structures. Its product portfolio also includes repair and strengthening systems, concrete reinforcement and high-performance adhesives used in residential, commercial and industrial construction projects.

Founded in 1956 by Barclay Simpson in Oakland, California, Simpson Manufacturing has grown from a single product business into a diversified manufacturer with worldwide operations.

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