Goldman Sachs Group Inc. Has $1.16 Million Stock Holdings in DMC Global $BOOM

Goldman Sachs Group Inc. raised its position in shares of DMC Global (NASDAQ:BOOM) by 55.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 137,128 shares of the industrial products company’s stock after purchasing an additional 48,732 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.67% of DMC Global worth $1,155,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BOOM. GAMMA Investing LLC lifted its holdings in shares of DMC Global by 115.6% in the 1st quarter. GAMMA Investing LLC now owns 5,342 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 2,864 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in DMC Global by 236.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,865 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 4,823 shares during the period. Jane Street Group LLC lifted its holdings 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 worth $99,000 after buying an additional 1,585 shares in the last quarter. MetLife Investment Management LLC purchased a new position in DMC Global during the first quarter worth about $100,000. Finally, PenderFund Capital Management Ltd. bought a new stake in shares of DMC Global during the 1st quarter worth $116,000. Institutional investors and hedge funds own 77.63% of the company’s stock.

DMC Global Price Performance

NASDAQ BOOM opened at $7.47 on Monday. The stock’s fifty day moving average price is $7.21 and its 200 day moving average price is $7.36. The company has a market cap of $153.73 million, a price-to-earnings ratio of -0.86 and a beta of 1.41. DMC Global has a 1 year low of $5.78 and a 1 year high of $13.77. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.76 and a quick ratio of 1.34.

DMC Global (NASDAQ:BOOM) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.07. The company had revenue of $155.49 million for the quarter, compared to the consensus estimate 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, equities research analysts forecast that DMC Global will post -0.23 earnings per share for the current year.

Analysts Set New Price Targets

BOOM has been the subject of a number of recent research reports. Zacks Research lowered DMC Global from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 19th. Wall Street Zen downgraded DMC Global from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $8.50.

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.