Y Intercept Hong Kong Ltd Sells 27,947 Shares of Douglas Dynamics, Inc. $PLOW

Y Intercept Hong Kong Ltd cut its stake in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 68.7% during the first quarter, HoldingsChannel reports. The firm owned 12,741 shares of the auto parts company’s stock after selling 27,947 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Douglas Dynamics were worth $536,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Douglas Dynamics by 1.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock worth $1,020,000 after purchasing an additional 272 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Douglas Dynamics by 18.1% during the 4th 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 last quarter. State of Wyoming raised its holdings in Douglas Dynamics by 20.0% during the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after buying an additional 405 shares during the period. Comerica Bank raised its holdings in Douglas Dynamics by 2.6% during the 4th quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock valued at $522,000 after buying an additional 407 shares during the period. Finally, Aquatic Capital Management LLC lifted its position in 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 worth $224,000 after buying an additional 449 shares during the last quarter. 91.85% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on PLOW. Wall Street Zen cut shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings lowered shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. DA Davidson upped their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Zacks Research downgraded shares of Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.67.

Douglas Dynamics Price Performance

Shares of PLOW stock opened at $42.99 on Tuesday. The stock has a 50 day moving average price of $46.63 and a 200 day moving average price of $42.92. Douglas Dynamics, Inc. has a 52-week low of $27.62 and a 52-week high of $55.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65. The firm has a market capitalization of $993.93 million, a P/E ratio of 19.36, a P/E/G ratio of 1.03 and a beta of 1.17.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings data 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. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The company had revenue of $137.80 million for the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, sell-side analysts predict that Douglas Dynamics, Inc. will post 2.62 earnings per share for the current year.

Douglas Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.7%. Douglas Dynamics’s dividend payout ratio is presently 53.15%.

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.