Bessemer Group Inc. Purchases 28,772 Shares of Simpson Manufacturing Company, Inc. $SSD
SimpsonSimpson(US:SSD) Defense World·2026-02-07 08:32

Core Insights - Bessemer Group Inc. increased its stake in Simpson Manufacturing Company by 21.2% in Q3, owning 164,219 shares valued at approximately $27.5 million [2] - Other institutional investors have also adjusted their positions, with significant increases from Burgundy Asset Management Ltd. (3.0%), First Trust Advisors LP (33.6%), and Champlain Investment Partners LLC (24.2%) [3] - Hedge funds and institutional investors collectively own 93.68% of Simpson Manufacturing's stock [3] Financial Performance - Simpson Manufacturing's stock opened at $194.54, with a 50-day moving average of $174.41 and a 200-day moving average of $176.35 [4] - The company has a market capitalization of $8.07 billion, a price-to-earnings ratio of 23.70, and a beta of 1.37 [4] - The twelve-month low and high for the stock are $137.35 and $197.82, respectively [4] Dividend Information - Simpson Manufacturing declared a quarterly dividend of $0.29, with an annualized dividend of $1.16 and a dividend yield of 0.6% [5][6] - The company's payout ratio stands at 14.13% [5] Insider Activity - Director Philip E. Donaldson sold 2,375 shares at an average price of $168.16, resulting in a total transaction of approximately $399,380 [7] - Following the sale, the director's remaining shares are valued at about $1.02 million, reflecting a 28.07% decrease in their position [7] Analyst Ratings - DA Davidson set a price target of $190.00, while Robert W. Baird increased their target from $190.00 to $212.00, rating the stock as "outperform" [8] - The consensus rating for Simpson Manufacturing is "Hold," with an average price target of $201.00 [8] Company Overview - Simpson Manufacturing Co, Inc. is a leading global supplier of structural building products, specializing in connectors, anchors, fasteners, and systems for wood, concrete, and masonry structures [10] - Founded in 1956, the company has evolved from a single product business to a diversified manufacturer with global operations [11]