Douglas Dynamics, Inc. $PLOW Shares Sold by Royce & Associates LP

Royce & Associates LP lowered its stake in Douglas Dynamics, Inc. (NYSE:PLOW) by 8.2% during the fourth quarter, HoldingsChannel reports. The firm owned 247,328 shares of the auto parts company’s stock after selling 22,215 shares during the quarter. Royce & Associates LP’s holdings in Douglas Dynamics were worth $8,075,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. increased 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 during the period. State of Wyoming increased 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 during the period. Comerica Bank increased its holdings in shares of Douglas Dynamics by 2.6% in the fourth quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock valued at $522,000 after purchasing an additional 407 shares during the period. Aquatic Capital Management LLC boosted its stake in shares of Douglas Dynamics by 6.7% in the third quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock valued at $224,000 after buying an additional 449 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Douglas Dynamics by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,538 shares of the auto parts company’s stock valued at $314,000 after buying an additional 546 shares in the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on PLOW. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Loop Capital set a $48.00 price target on Douglas Dynamics in a research note on Tuesday, March 3rd. DA Davidson lifted their price target on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Robert W. Baird set a $56.00 price target on Douglas Dynamics in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $54.67.

Insider Activity

In other news, insider Jon J. Sisulak sold 977 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $41,629.97. Following the completion of the sale, the insider owned 14,232 shares of the company’s stock, valued at $606,425.52. This represents a 6.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher E. Bernauer sold 869 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $37,028.09. Following the completion of the sale, the insider directly owned 9,243 shares of the company’s stock, valued at $393,844.23. The trade was a 8.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.54% of the stock is owned by corporate insiders.

Douglas Dynamics Stock Performance

NYSE PLOW opened at $44.44 on Friday. Douglas Dynamics, Inc. has a fifty-two week low of $27.03 and a fifty-two week high of $52.33. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 20.02, a price-to-earnings-growth ratio of 0.94 and a beta of 1.24. The business has a fifty day moving average of $44.33 and a 200-day moving average of $39.45. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48.

Douglas Dynamics (NYSE:PLOW) last released its earnings results on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.12 by $0.24. The firm had revenue of $137.80 million during the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, analysts predict that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current fiscal year.

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.