Ducommun (NYSE:DCO – Free Report) had its price objective reduced by Royal Bank Of Canada from $180.00 to $155.00 in a research note released on Friday morning,Benzinga reports. They currently have a sector perform rating on the aerospace company’s stock.
A number of other analysts have also recently commented on DCO. The Goldman Sachs Group restated a “buy” rating on shares of Ducommun in a research report on Monday, August 10th. Truist Financial upped their price objective on shares of Ducommun from $150.00 to $209.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. B. Riley Financial dropped their price target on shares of Ducommun from $222.00 to $203.00 and set a “buy” rating for the company in a research note on Friday. Zacks Research cut Ducommun from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Finally, Guggenheim initiated coverage on Ducommun in a research report on Friday, October 9th. They issued a “buy” rating and a $246.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Ducommun currently has an average rating of “Moderate Buy” and a consensus price target of $196.67.
View Our Latest Report on Ducommun
Ducommun Trading Up 1.7%
Ducommun (NYSE:DCO – Get Free Report) last issued its earnings results on Thursday, November 5th. The aerospace company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.06. Ducommun had a negative net margin of 3.10% and a positive return on equity of 9.20%. The company had revenue of $227.02 million for the quarter, compared to analysts’ expectations of $221.93 million. During the same period in the prior year, the business earned $0.99 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts predict that Ducommun will post 4.26 EPS for the current year.
Insider Activity
In related news, CEO Stephen Oswald sold 2,500 shares of Ducommun stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $203.95, for a total value of $509,875.00. Following the completion of the transaction, the chief executive officer directly owned 383,864 shares in the company, valued at approximately $78,289,062.80. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 5.00% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Ducommun
A number of large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. raised its holdings in Ducommun by 54.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 56,065 shares of the aerospace company’s stock valued at $9,618,000 after acquiring an additional 19,678 shares in the last quarter. Simplex Trading LLC increased its position in shares of Ducommun by 434.6% in the third quarter. Simplex Trading LLC now owns 278 shares of the aerospace company’s stock valued at $48,000 after acquiring an additional 226 shares during the last quarter. Ethic Inc. raised its position in Ducommun by 105.7% during the third quarter. Ethic Inc. now owns 2,800 shares of the aerospace company’s stock worth $480,000 after acquiring an additional 1,439 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in Ducommun by 19.9% in the 3rd quarter. Pictet Asset Management Holding SA now owns 2,680 shares of the aerospace company’s stock valued at $460,000 after purchasing an additional 445 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Ducommun by 44.8% during the 3rd quarter. Parallel Advisors LLC now owns 365 shares of the aerospace company’s stock worth $63,000 after purchasing an additional 113 shares during the last quarter. Institutional investors and hedge funds own 92.15% of the company’s stock.
Key Headlines Impacting Ducommun
Here are the key news stories impacting Ducommun this week:
- Positive Sentiment: Q3 adjusted earnings of $1.21 per share topped the $1.15 consensus estimate, and revenue of $227.02 million exceeded forecasts and rose 6.8% year over year. The company also reported record revenue and gross margin, record remaining performance obligations, and a 2.2x defense book-to-bill ratio. Ducommun Q3 2026 results
- Neutral Sentiment: B. Riley cut its price target to $203 from $222 but maintained a Buy rating. Its revised target remains well above the cited share price, though the reduction suggests a more cautious outlook. Analyst price target updates
- Negative Sentiment: RBC lowered its target to $155 from $180 and kept a Sector Perform rating. Although the new target is still above the cited share price, the sizable cut may weigh on investor expectations. RBC price target update
About Ducommun
Ducommun Incorporated (NYSE: DCO) is a manufacturer of engineered components, assemblies and systems for the aerospace, defense and space industries. The company supplies products used in commercial aircraft, military platforms, launch vehicles, satellites and other mission-critical applications.
Its offerings include structural components and assemblies, precision-machined parts, composite structures, electronic and electromechanical systems, circuit-card assemblies, wire harnesses and other specialized products.
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