Rice Hall James & Associates LLC Takes Position in Douglas Dynamics, Inc. $PLOW

Rice Hall James & Associates LLC purchased a new stake in Douglas Dynamics, Inc. (NYSE:PLOW) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,776 shares of the auto parts company’s stock, valued at approximately $2,631,000. Rice Hall James & Associates LLC owned approximately 0.21% of Douglas Dynamics as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its stake in Douglas Dynamics by 128.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock worth $22,673,000 after acquiring an additional 303,077 shares during the period. Nuveen LLC lifted its position in shares of Douglas Dynamics by 485.3% during the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock valued at $11,425,000 after acquiring an additional 290,144 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Douglas Dynamics during the 2nd quarter worth $13,297,000. Icon Advisers Inc. Co. acquired a new stake in shares of Douglas Dynamics during the 1st quarter worth $8,717,000. Finally, Sei Investments Co. grew its holdings in shares of Douglas Dynamics by 60.5% during the 1st quarter. Sei Investments Co. now owns 303,297 shares of the auto parts company’s stock worth $12,766,000 after purchasing an additional 114,380 shares in the last quarter. 91.85% of the stock is owned by institutional investors.

Douglas Dynamics Price Performance

Shares of PLOW opened at $41.38 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. The stock has a market cap of $954.93 million, a PE ratio of 18.81, a PEG ratio of 0.92 and a beta of 1.20. Douglas Dynamics, Inc. has a 12-month low of $28.52 and a 12-month high of $55.00. The business has a 50-day simple moving average of $46.14 and a two-hundred day simple moving average of $44.50.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.14. The firm had revenue of $214.65 million for the quarter, compared to analyst estimates 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. Analysts anticipate that Douglas Dynamics, Inc. will post 2.86 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a dividend of $0.295 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.9%. Douglas Dynamics’s dividend payout ratio (DPR) is currently 53.64%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Wall Street Zen downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Robert W. Baird decreased their target price on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Zacks Research cut shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Finally, Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.67.

About Douglas Dynamics

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.