Dean Capital Management trimmed its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) by 78.6% during the fourth quarter, Holdings Channel reports. The firm owned 13,770 shares of the auto parts company’s stock after selling 50,560 shares during the quarter. Dean Capital Management’s holdings in Douglas Dynamics were worth $450,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wilson Asset Management International PTY Ltd. acquired a new stake in shares of Douglas Dynamics during the fourth quarter worth $653,000. Hillsdale Investment Management Inc. grew its position in Douglas Dynamics by 22.1% during the third quarter. Hillsdale Investment Management Inc. now owns 134,400 shares of the auto parts company’s stock valued at $4,201,000 after acquiring an additional 24,300 shares during the period. JPMorgan Chase & Co. increased its stake in Douglas Dynamics by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 311,165 shares of the auto parts company’s stock worth $9,727,000 after acquiring an additional 30,138 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in Douglas Dynamics during the third quarter valued at approximately $3,617,000. Finally, Systematic Financial Management LP increased its holdings in Douglas Dynamics by 7.8% in the 4th quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock valued at $10,906,000 after purchasing an additional 24,055 shares in the last quarter. Hedge funds and other institutional investors own 91.85% of the company’s stock.
Analysts Set New Price Targets
PLOW has been the subject of a number of recent analyst reports. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Wall Street Zen lowered shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, Robert W. Baird set a $56.00 target price on shares of Douglas Dynamics in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of $54.67.
Douglas Dynamics Stock Performance
Douglas Dynamics stock opened at $49.45 on Friday. The firm has a market capitalization of $1.14 billion, a P/E ratio of 22.28, a P/E/G ratio of 1.02 and a beta of 1.21. Douglas Dynamics, Inc. has a 52-week low of $27.62 and a 52-week high of $52.33. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.65 and a quick ratio of 0.77. The stock has a fifty day moving average price of $45.66 and a two-hundred day moving average price of $41.08.
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The company had revenue of $137.80 million during the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, analysts anticipate that Douglas Dynamics, Inc. will post 2.69 EPS for the current fiscal year.
Douglas Dynamics Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is presently 53.15%.
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.
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