Rice Hall James & Associates LLC Has $1.75 Million Stock Holdings in Douglas Dynamics, Inc. $PLOW

Rice Hall James & Associates LLC trimmed its holdings in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 28.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,090 shares of the auto parts company’s stock after selling 22,055 shares during the quarter. Rice Hall James & Associates LLC owned 0.24% of Douglas Dynamics worth $1,753,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC boosted its holdings in shares of Douglas Dynamics by 5.7% in the third quarter. CWM LLC now owns 6,778 shares of the auto parts company’s stock valued at $212,000 after buying an additional 365 shares during the period. State of Wyoming lifted its position in Douglas Dynamics by 20.0% in the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after acquiring an additional 405 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Douglas Dynamics by 4.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,538 shares of the auto parts company’s stock valued at $314,000 after acquiring an additional 546 shares in the last quarter. Legal & General Group Plc boosted its stake in Douglas Dynamics by 2.8% in the 2nd quarter. Legal & General Group Plc now owns 26,968 shares of the auto parts company’s stock worth $795,000 after purchasing an additional 725 shares during the period. Finally, Rhumbline Advisers increased its holdings in Douglas Dynamics by 3.9% during the 1st quarter. Rhumbline Advisers now owns 34,313 shares of the auto parts company’s stock worth $797,000 after purchasing an additional 1,286 shares in the last quarter. Institutional investors own 91.85% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PLOW shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Douglas Dynamics in a research report on Monday, December 22nd. DA Davidson restated a “buy” rating and issued a $39.00 target price on shares of Douglas Dynamics in a research note on Monday, December 8th. Finally, Wall Street Zen cut shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Douglas Dynamics presently has an average rating of “Moderate Buy” and an average target price of $39.00.

Douglas Dynamics Stock Performance

Shares of NYSE PLOW opened at $33.35 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.09 and a current ratio of 2.01. The stock has a 50 day moving average price of $31.87 and a 200 day moving average price of $31.21. The stock has a market capitalization of $768.31 million, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28. Douglas Dynamics, Inc. has a 52 week low of $21.30 and a 52 week high of $34.41.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings data on Monday, November 3rd. The auto parts company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. The company had revenue of $162.12 million for the quarter, compared to analysts’ expectations of $163.27 million. Douglas Dynamics had a return on equity of 16.18% and a net margin of 6.82%.Douglas Dynamics has set its FY 2025 guidance at 1.850-2.250 EPS. Analysts predict that Douglas Dynamics, Inc. will post 1.3 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, December 16th. Douglas Dynamics’s dividend payout ratio (DPR) is 67.05%.

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.