109,622 Shares in Douglas Dynamics, Inc. $PLOW Purchased by Ranger Investment Management L.P.

Ranger Investment Management L.P. bought a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 109,622 shares of the auto parts company’s stock, valued at approximately $5,914,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Douglas Dynamics during the 2nd quarter valued at approximately $109,009,000. Pzena Investment Management LLC acquired a new stake in shares of Douglas Dynamics in the 2nd quarter worth approximately $74,703,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Douglas Dynamics by 128.6% in 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 increased its stake in Douglas Dynamics by 485.3% in the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock valued at $11,425,000 after purchasing an additional 290,144 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Douglas Dynamics in the 2nd quarter valued at approximately $13,297,000. 91.85% of the stock is owned by hedge funds and other institutional investors.

Douglas Dynamics Stock Down 0.3%

PLOW opened at $42.04 on Monday. Douglas Dynamics, Inc. has a 1 year low of $28.52 and a 1 year high of $55.00. The firm has a 50 day moving average price of $45.82 and a 200 day moving average price of $44.57. 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 company has a market cap of $970.28 million, a PE ratio of 19.11, a price-to-earnings-growth ratio of 0.92 and a beta of 1.20.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share 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 analysts’ expectations of $219.45 million. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Sell-side analysts expect that Douglas Dynamics, Inc. will post 2.86 earnings per share for the current year.

Douglas Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is currently 53.64%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research lowered Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. 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. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.67.

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.