Douglas Dynamics, Inc. $PLOW Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC lowered its stake in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 25.1% in the first quarter, Holdings Channel reports. The firm owned 1,593,133 shares of the auto parts company’s stock after selling 533,475 shares during the period. Pzena Investment Management LLC owned 0.07% of Douglas Dynamics worth $67,055,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in Douglas Dynamics by 2.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 31,145 shares of the auto parts company’s stock valued at $1,311,000 after buying an additional 739 shares in the last quarter. 1492 Capital Management LLC increased its stake in Douglas Dynamics by 4.0% during the 1st quarter. 1492 Capital Management LLC now owns 88,702 shares of the auto parts company’s stock worth $3,733,000 after buying an additional 3,412 shares in the last quarter. Kestra Private Wealth Services LLC increased its stake in Douglas Dynamics by 1.1% during 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 buying an additional 272 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Douglas Dynamics by 47.3% during the first quarter. SG Americas Securities LLC now owns 56,916 shares of the auto parts company’s stock valued at $2,396,000 after acquiring an additional 18,285 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in shares of Douglas Dynamics by 101.3% during the fourth quarter. Hsbc Holdings PLC now owns 17,771 shares of the auto parts company’s stock valued at $582,000 after acquiring an additional 8,944 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PLOW. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Weiss Ratings downgraded Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. DA Davidson raised their price objective on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $54.67.

Douglas Dynamics Stock Down 2.9%

PLOW stock opened at $52.38 on Thursday. The company has a current ratio of 2.65, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average of $46.63 and a two-hundred day moving average of $42.25. Douglas Dynamics, Inc. has a 12 month low of $27.62 and a 12 month high of $55.00. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 23.59, a PEG ratio of 1.11 and a beta of 1.17.

Douglas Dynamics (NYSE:PLOW) last issued its earnings results 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. The business had revenue of $137.80 million for the quarter, compared to analysts’ expectations 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 forecast that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid 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 2.3%. Douglas Dynamics’s payout ratio is 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.