Jupiter Topco LLC Invests $7.42 Million in Douglas Dynamics, Inc. $PLOW

Jupiter Topco LLC bought a new position in Douglas Dynamics, Inc. (NYSE:PLOW) in the 2nd quarter, Holdings Channel.com reports. The firm bought 137,472 shares of the auto parts company’s stock, valued at approximately $7,416,000.

A number of other institutional investors have also added to or reduced their stakes in PLOW. CIBC Private Wealth Group LLC raised its position in Douglas Dynamics by 229.9% during 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 purchasing an additional 839 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after purchasing an additional 1,303 shares in the last quarter. State of Wyoming boosted its holdings in shares of Douglas Dynamics by 20.0% in the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after purchasing an additional 405 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Douglas Dynamics by 18.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after purchasing an additional 400 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Douglas Dynamics during the 4th quarter valued at about $91,000. Institutional investors own 91.85% of the company’s stock.

Wall Street Analyst Weigh In

PLOW has been the subject of a number of recent research reports. Robert W. Baird dropped their target price on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. DA Davidson set a $57.00 price target on shares of Douglas Dynamics in a research note on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. One research 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 data from MarketBeat.com, Douglas Dynamics presently has an average rating of “Moderate Buy” and an average target price of $51.67.

Douglas Dynamics Stock Down 0.3%

Shares of NYSE:PLOW opened at $41.70 on Monday. The stock has a market capitalization of $962.31 million, a P/E ratio of 18.95, a price-to-earnings-growth ratio of 0.91 and a beta of 1.20. The stock’s 50-day moving average price is $45.17 and its 200-day moving average price is $44.65. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. Douglas Dynamics, Inc. has a 12-month low of $28.52 and a 12-month high of $55.00.

Douglas Dynamics (NYSE:PLOW) last released its 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 company had revenue of $214.65 million during 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. On average, equities analysts anticipate that Douglas Dynamics, Inc. will post 2.86 earnings per share for the current year.

Douglas Dynamics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were given a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.8%. Douglas Dynamics’s payout ratio is presently 53.64%.

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.