Douglas Dynamics, Inc. $PLOW Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 47.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,916 shares of the auto parts company’s stock after purchasing an additional 18,285 shares during the quarter. SG Americas Securities LLC’s holdings in Douglas Dynamics were worth $2,396,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its holdings in shares of Douglas Dynamics by 229.9% in the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after buying an additional 839 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Douglas Dynamics by 85.4% during the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after buying an additional 583 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Douglas Dynamics by 136.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after acquiring an additional 1,303 shares during the period. State of Wyoming grew its holdings in Douglas Dynamics by 20.0% during the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after acquiring an additional 405 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in Douglas Dynamics by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after acquiring an additional 400 shares in the last quarter. Institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Trading Down 2.9%

Shares of NYSE PLOW opened at $52.38 on Thursday. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48. Douglas Dynamics, Inc. has a 12 month low of $27.62 and a 12 month high of $55.00. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 23.59, a P/E/G ratio of 1.11 and a beta of 1.17. The business has a fifty day simple moving average of $46.63 and a 200-day simple moving average of $42.25.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. The firm had revenue of $137.80 million for the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Sell-side analysts predict that Douglas Dynamics, Inc. will post 2.69 EPS for the current year.

Douglas Dynamics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is 53.15%.

Wall Street Analyst Weigh In

PLOW has been the subject of a number of research analyst reports. Weiss Ratings downgraded shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Robert W. Baird set a $56.00 price objective on shares of Douglas Dynamics in a research note on Wednesday, May 6th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. DA Davidson increased their target price on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $54.67.

Douglas Dynamics Profile

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.