Simpson Manufacturing Company, Inc. (SSD) – What Are Brokerages Thinking About This Stock?

Shares of Simpson Manufacturing Company, Inc. (NYSE:SSD) have received a consensus rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $214.25.

Several research analysts recently commented on SSD shares. Stifel Nicolaus reduced their price objective on shares of Simpson Manufacturing from $218.00 to $210.00 and set a “buy” rating for the company in a research note on Monday. UBS Group restated a “neutral” rating on shares of Simpson Manufacturing in a research note on Tuesday, July 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Simpson Manufacturing in a research report on Thursday. Finally, Stephens boosted their price objective on shares of Simpson Manufacturing from $210.00 to $215.00 and gave the company a “cautious” rating in a report on Tuesday, July 28th.

More Simpson Manufacturing News

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

• Positive Sentiment: Quarterly results exceeded expectations: Simpson reported diluted EPS of $2.68, up 3.9% year over year and above consensus estimates near $2.45–$2.47. Revenue rose 2.3% to $638.1 million, topping expectations of approximately $625 million. Simpson Manufacturing 2026 Third Quarter Financial Results
• Positive Sentiment: $1 billion share repurchase authorization: The board approved a new authorization effective October 22, following $66.3 million of stock repurchases during the quarter. The program could support per-share earnings and signal confidence in the company’s valuation. Simpson Manufacturing New Share Repurchase Authorization
• Positive Sentiment: North American demand remained healthy: Sales in North America increased 3.8% to $502.0 million. The company also declared a quarterly dividend of $0.30 per share. Simpson Manufacturing Q3 Revenue Update

Insider Buying and Selling at Simpson Manufacturing

In other news, CEO Michael Olosky sold 3,502 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $172.84, for a total value of $605,285.68. Following the completion of the sale, the chief executive officer directly owned 51,398 shares in the company, valued at $8,883,630.32. This represents a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.34% of the stock is currently owned by corporate insiders.

Institutional Trading of Simpson Manufacturing

Several institutional investors have recently made changes to their positions in SSD. BlackRock Inc. purchased a new position in Simpson Manufacturing during the second quarter worth about $862,138,000. State Street Corp grew its stake in shares of Simpson Manufacturing by 2.9% in the second quarter. State Street Corp now owns 1,308,394 shares of the construction company’s stock valued at $273,910,000 after buying an additional 37,206 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in Simpson Manufacturing by 0.5% during the 1st quarter. Quantinno Capital Management LP now owns 857,918 shares of the construction company’s stock valued at $147,236,000 after acquiring an additional 4,168 shares during the period. First Trust Advisors LP increased its stake in Simpson Manufacturing by 6.3% during the first quarter. First Trust Advisors LP now owns 582,201 shares of the construction company’s stock worth $99,917,000 after purchasing an additional 34,598 shares during the period. Finally, Maren Capital LLC boosted its stake in shares of Simpson Manufacturing by 0.5% in the second quarter. Maren Capital LLC now owns 513,029 shares of the construction company’s stock valued at $107,403,000 after purchasing an additional 2,639 shares during the period. Hedge funds and other institutional investors own 93.68% of the company’s stock.

Simpson Manufacturing Stock Down 1.1%

Shares of Simpson Manufacturing stock opened at $182.41 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.29 and a quick ratio of 2.14. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 19.94 and a beta of 1.32. The firm’s 50-day moving average is $177.96 and its two-hundred day moving average is $185.08. Simpson Manufacturing has a 1 year low of $156.32 and a 1 year high of $213.49.

Simpson Manufacturing (NYSE:SSD) last released its quarterly earnings data on Monday, October 26th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.24. The firm had revenue of $638.13 million for the quarter, compared to the consensus estimate of $624.39 million. Simpson Manufacturing had a net margin of 15.65% and a return on equity of 18.45%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $2.58 earnings per share. As a group, research analysts expect that Simpson Manufacturing will post 9.28 earnings per share for the current fiscal year.

Simpson Manufacturing Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 28th. Shareholders of record on Thursday, January 7th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, January 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.7%. Simpson Manufacturing’s dividend payout ratio is presently 13.11%.

Simpson Manufacturing declared that its Board of Directors has authorized a share repurchase plan on Monday, October 26th that permits the company to buy back $1 billion in outstanding shares. This repurchase authorization permits the construction company to purchase up to 13.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Simpson Manufacturing Company Profile

Simpson Manufacturing Co, Inc develops, manufactures and sells structural solutions for residential, commercial and industrial construction. Its products are designed to connect and reinforce wood, concrete and other building materials, supporting applications ranging from new construction to repair, remodeling and retrofit projects.

The company is best known for its Simpson Strong-Tie brand, which offers structural connectors, fasteners, anchors, specialty products, adhesives and related installation systems.