Simpson Manufacturing (NYSE:SSD) Stock Gets Price Target Trim from DA Davidson

Posted by Brenda Bartman on Oct 30th, 2026

Simpson Manufacturing (NYSE:SSD – Free Report) had its target price decreased by DA Davidson from $212.00 to $203.00 in a research report sent to investors on Tuesday, Marketbeat.com reports. DA Davidson currently has a neutral rating on the construction company’s stock.

SSD has been the topic of several other reports. Robert W. Baird lifted their target price on shares of Simpson Manufacturing from $205.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday. UBS Group reissued a “neutral” rating on shares of Simpson Manufacturing in a research note on Tuesday, July 28th. Stifel Nicolaus decreased their price objective on Simpson Manufacturing from $218.00 to $210.00 and set a “buy” rating for the company in a research report on Monday. Stephens lowered their target price on Simpson Manufacturing from $215.00 to $205.00 and set a “cautious” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Simpson Manufacturing in a report on Thursday, October 22nd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $207.00.

Read Our Latest Stock Report on Simpson Manufacturing

Simpson Manufacturing Trading Up 2.5%

Simpson Manufacturing stock opened at $195.50 on Tuesday. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 21.14 and a beta of 1.32. Simpson Manufacturing has a 1 year low of $156.32 and a 1 year high of $213.49. The firm’s 50 day moving average price is $177.94 and its two-hundred day moving average price is $185.38. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.14 and a current ratio of 3.37.

Simpson Manufacturing (NYSE:SSD – Get Free Report) last announced its quarterly earnings data on Monday, October 26th. The construction company reported $2.68 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.24. The company had revenue of $638.13 million during the quarter, compared to the consensus estimate of $624.39 million. Simpson Manufacturing had a return on equity of 18.23% and a net margin of 15.62%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.58 EPS. On average, research analysts predict that Simpson Manufacturing will post 9.34 EPS for the current fiscal year.

Simpson Manufacturing Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 28th. Investors of record on Thursday, January 7th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 7th. Simpson Manufacturing’s payout ratio is presently 12.97%.

Simpson Manufacturing announced that its board has initiated a stock repurchase plan on Monday, October 26th that allows the company to repurchase $1 billion in outstanding shares. This repurchase authorization allows the construction company to reacquire up to 13.2% of its stock through open market purchases. Share repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Simpson Manufacturing

In other Simpson Manufacturing news, CEO Michael Olosky sold 3,502 shares of the stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $172.84, for a total transaction of $605,285.68. Following the transaction, the chief executive officer directly owned 51,398 shares of the company’s stock, valued at $8,883,630.32. This represents a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.34% of the company’s stock.

Hedge Funds Weigh In On Simpson Manufacturing

A number of institutional investors have recently modified their holdings of the company. Vise Technologies Inc. boosted its stake in Simpson Manufacturing by 25.1% during the 3rd quarter. Vise Technologies Inc. now owns 5,004 shares of the construction company’s stock valued at $855,000 after purchasing an additional 1,005 shares during the period. MGO One Seven LLC grew its holdings in Simpson Manufacturing by 9.0% in the 3rd quarter. MGO One Seven LLC now owns 9,875 shares of the construction company’s stock valued at $1,687,000 after buying an additional 814 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Simpson Manufacturing by 340.7% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 11,900 shares of the construction company’s stock worth $2,033,000 after buying an additional 9,200 shares during the period. Peterson Wealth Services increased its position in Simpson Manufacturing by 9.1% in the 3rd quarter. Peterson Wealth Services now owns 5,794 shares of the construction company’s stock worth $990,000 after buying an additional 481 shares during the period. Finally, Provident Investment Management Inc. acquired a new position in shares of Simpson Manufacturing during the third quarter worth approximately $222,000. Institutional investors own 93.68% of the company’s stock.

About Simpson Manufacturing

(Get Free Report)

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.