Susquehanna International Group LLP lowered its position in Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) by 94.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,250 shares of the auto parts company’s stock after selling 92,681 shares during the period. Susquehanna International Group LLP’s holdings in Douglas Dynamics were worth $283,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in PLOW. BlackRock Inc. bought a new position in Douglas Dynamics during the second quarter worth about $109,009,000. Vanguard Group Inc. grew its stake in Douglas Dynamics by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 1,478,522 shares of the auto parts company’s stock valued at $48,274,000 after acquiring an additional 5,465 shares during the period. Pzena Investment Management LLC bought a new stake in shares of Douglas Dynamics in the second quarter worth about $74,703,000. Punch & Associates Investment Management Inc. bought a new stake in shares of Douglas Dynamics in the second quarter worth about $35,570,000. Finally, State Street Corp raised its position in shares of Douglas Dynamics by 0.4% during the fourth quarter. State Street Corp now owns 629,795 shares of the auto parts company’s stock worth $20,563,000 after purchasing an additional 2,804 shares during the period. Institutional investors and hedge funds own 91.85% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on PLOW. Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a 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. Robert W. Baird dropped 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 lowered shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Finally, DA Davidson set a $57.00 price target on shares of Douglas Dynamics in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Douglas Dynamics currently has a consensus rating of “Moderate Buy” and an average price target of $51.67.
Douglas Dynamics Stock Performance
PLOW opened at $40.61 on Wednesday. The company has a market capitalization of $937.28 million, a price-to-earnings ratio of 18.46, a P/E/G ratio of 0.90 and a beta of 1.19. The business’s 50-day moving average price is $44.81 and its two-hundred day moving average price is $44.64. Douglas Dynamics, Inc. has a 1 year low of $28.52 and a 1 year high of $55.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.16 and a quick ratio of 1.03.
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.14. The company had revenue of $214.65 million during 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. Equities analysts expect that Douglas Dynamics, Inc. will post 2.86 EPS for the current fiscal year.
Douglas Dynamics Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.9%. Douglas Dynamics’s payout ratio is presently 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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