13,704 Shares in Douglas Dynamics, Inc. $PLOW Purchased by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new stake in Douglas Dynamics, Inc. (NYSE:PLOW) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 13,704 shares of the auto parts company’s stock, valued at approximately $739,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC boosted its stake in Douglas Dynamics by 229.9% during the 3rd 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 during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Douglas Dynamics by 136.6% in the second 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 during the last quarter. State of Wyoming lifted its holdings in shares of Douglas Dynamics by 20.0% in the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after purchasing an additional 405 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Douglas Dynamics by 18.1% in the fourth 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 in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Douglas Dynamics in the fourth quarter valued at approximately $91,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

Wall Street Analyst Weigh In

PLOW has been the subject of several recent research reports. DA Davidson set a $57.00 price target on Douglas Dynamics in a report on Tuesday, August 4th. Robert W. Baird lowered their price target 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 Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wall Street Zen downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Zacks Research lowered shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.67.

Douglas Dynamics Trading Up 2.3%

NYSE:PLOW opened at $42.04 on Friday. Douglas Dynamics, Inc. has a 52 week low of $28.52 and a 52 week high of $55.00. The firm has a 50-day moving average price of $45.82 and a two-hundred day moving average price of $44.53. 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 firm has a market cap of $970.28 million, a price-to-earnings 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 earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share 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 the consensus estimate 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 expect that Douglas Dynamics, Inc. will post 2.86 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

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

Douglas Dynamics Company 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.