Rice Hall James & Associates LLC acquired a new stake in Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) in the second quarter, Holdings Channel reports. The firm acquired 48,776 shares of the auto parts company’s stock, valued at approximately $2,631,000.
Several other large investors have also bought and sold shares of PLOW. Vanguard Group Inc. lifted its holdings in Douglas Dynamics by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 1,478,522 shares of the auto parts company’s stock worth $48,274,000 after buying an additional 5,465 shares during the period. State Street Corp increased its stake in shares of Douglas Dynamics by 0.4% in the fourth quarter. State Street Corp now owns 629,795 shares of the auto parts company’s stock valued at $20,563,000 after buying an additional 2,804 shares during the period. Punch & Associates Investment Management Inc. increased its stake in shares of Douglas Dynamics by 1.2% in the first quarter. Punch & Associates Investment Management Inc. now owns 621,845 shares of the auto parts company’s stock valued at $26,173,000 after buying an additional 7,139 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Douglas Dynamics by 128.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after buying an additional 303,077 shares during the period. Finally, Nuveen LLC raised its position in shares of Douglas Dynamics by 485.3% during the fourth quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock worth $11,425,000 after acquiring an additional 290,144 shares during the last quarter. 91.85% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms recently commented on PLOW. DA Davidson set a $57.00 price objective on Douglas Dynamics in a research note on Tuesday, August 4th. Zacks Research downgraded shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Wall Street Zen lowered shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Finally, Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.
Douglas Dynamics Trading Down 1.4%
Shares of PLOW stock opened at $41.38 on Wednesday. Douglas Dynamics, Inc. has a fifty-two week low of $28.52 and a fifty-two week high of $55.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.03 and a current ratio of 2.16. The stock has a 50 day simple moving average of $46.14 and a two-hundred day simple moving average of $44.50. The company has a market cap of $954.93 million, a P/E ratio of 18.81, a PEG ratio of 0.92 and a beta of 1.20.
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.14. The firm had revenue of $214.65 million for the quarter, compared to analysts’ expectations of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Research analysts forecast that Douglas Dynamics, Inc. will post 2.86 earnings per share for the current year.
Douglas Dynamics Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics’s payout ratio is 53.64%.
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.
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