Douglas Dynamics, Inc. $PLOW Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC increased its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 43.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 113,791 shares of the auto parts company’s stock after buying an additional 34,297 shares during the quarter. Janus Henderson Group PLC’s holdings in Douglas Dynamics were worth $4,790,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Douglas Dynamics by 1.1% in the first quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock valued at $1,020,000 after acquiring an additional 272 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Douglas Dynamics by 18.1% in 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 acquiring an additional 400 shares during the period. State of Wyoming increased its holdings in shares of 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 during the period. Comerica Bank raised its position in Douglas Dynamics by 2.6% in the 4th 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 last quarter. Finally, Aquatic Capital Management LLC raised its position in Douglas Dynamics by 6.7% in the 3rd quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock valued at $224,000 after purchasing an additional 449 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on PLOW shares. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. DA Davidson set a $57.00 target price on shares of Douglas Dynamics in a research note on Tuesday. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Robert W. Baird dropped their price target on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Zacks Research downgraded Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.67.

Douglas Dynamics Stock Performance

NYSE PLOW opened at $44.83 on Friday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.09 and a beta of 1.20. The business’s 50 day moving average is $46.52 and its two-hundred day moving average is $44.20. Douglas Dynamics, Inc. has a 12-month low of $28.52 and a 12-month high of $55.00. The company has a current ratio of 2.16, a quick ratio of 0.77 and a debt-to-equity ratio of 0.44.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.08 by $0.14. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.The business had revenue of $214.65 million during the quarter, compared to analysts’ expectations of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Research analysts expect that Douglas Dynamics, Inc. will post 2.62 EPS for the current year.

Douglas Dynamics Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 2.6%. Douglas Dynamics’s payout ratio is currently 53.64%.

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.