DMC Global Inc. ($BOOM) reported third-quarter 2026 revenue of $172.8 million, up 14.05% from a year earlier and ahead of the $164.3 million estimate. The company also posted a sharp improvement in profitability, with gross profit rising to $46.4 million and operating profit reaching $14.5 million.
Net income attributable to common shareholders came in at $9.7 million, while diluted earnings per share were $0.59, compared with an estimate of $0.11. Operating cash flow strengthened significantly to $17.5 million, reflecting a much stronger cash-generating quarter.
On the balance sheet, DMC Global ended the period with $38.0 million in cash and cash equivalents. Total liabilities were $223.9 million, while capital spending remained modest at $1.0 million. Shares rose 16.82% after market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
DMC Global Inc. Hedge Fund Activity
We have seen 65 institutional investors add shares of DMC Global Inc. stock to their portfolio, and 62 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GENDELL JEFFREY L removed 1,002,790 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,826,209
- BLACKROCK, INC. removed 922,095 shares (-65.1%) from their portfolio in Q2 2026, for an estimated $5,357,371
- COOKE & BIELER LP removed 747,692 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $4,344,090
- AMERIPRISE FINANCIAL INC added 545,960 shares (+69.6%) to their portfolio in Q2 2026, for an estimated $3,172,027
- CERITY PARTNERS LLC added 541,596 shares (+101.1%) to their portfolio in Q2 2026, for an estimated $3,146,672
- MARSHALL WACE, LLP added 481,190 shares (+339.6%) to their portfolio in Q2 2026, for an estimated $2,795,713
- JANE STREET GROUP, LLC added 386,479 shares (+2652.4%) to their portfolio in Q2 2026, for an estimated $2,245,442
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
