Nuveen LLC Makes New Investment in DMC Global $BOOM

Nuveen LLC bought a new position in shares of DMC Global (NASDAQ:BOOM) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 66,981 shares of the industrial products company’s stock, valued at approximately $564,000. Nuveen LLC owned about 0.33% of DMC Global at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its position in DMC Global by 5.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,952 shares of the industrial products company’s stock worth $199,000 after acquiring an additional 1,342 shares during the last quarter. Jane Street Group LLC lifted its position in DMC Global by 13.3% during the 4th quarter. Jane Street Group LLC now owns 13,520 shares of the industrial products company’s stock worth $99,000 after acquiring an additional 1,585 shares during the last quarter. SummerHaven Investment Management LLC lifted its position in DMC Global by 3.2% during the 1st quarter. SummerHaven Investment Management LLC now owns 57,390 shares of the industrial products company’s stock worth $483,000 after acquiring an additional 1,766 shares during the last quarter. Wells Fargo & Company MN lifted its position in DMC Global by 29.5% during the 4th quarter. Wells Fargo & Company MN now owns 11,701 shares of the industrial products company’s stock worth $86,000 after acquiring an additional 2,667 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in DMC Global by 115.6% during the 1st quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 2,864 shares during the last quarter. Institutional investors and hedge funds own 77.63% of the company’s stock.

DMC Global Stock Performance

NASDAQ BOOM opened at $6.69 on Thursday. The stock has a market cap of $137.68 million, a P/E ratio of -0.77 and a beta of 1.41. The company’s 50-day simple moving average is $7.48 and its 200 day simple moving average is $7.49. DMC Global has a twelve month low of $5.78 and a twelve month high of $13.77. The company has a quick ratio of 1.34, a current ratio of 2.76 and a debt-to-equity ratio of 0.22.

DMC Global (NASDAQ:BOOM) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.07. The business had revenue of $155.49 million for the quarter, compared to analysts’ expectations 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. As a group, research analysts forecast that DMC Global will post -0.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented 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 equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target 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.