Sovereign s Capital Management LLC Sells 29,867 Shares of Douglas Dynamics, Inc. $PLOW

Sovereign s Capital Management LLC trimmed its holdings in Douglas Dynamics, Inc. (NYSE:PLOW) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 128,823 shares of the auto parts company’s stock after selling 29,867 shares during the period. Douglas Dynamics comprises about 2.6% of Sovereign s Capital Management LLC’s holdings, making the stock its 15th largest position. Sovereign s Capital Management LLC’s holdings in Douglas Dynamics were worth $4,206,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Douglas Dynamics by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 1,478,522 shares of the auto parts company’s stock valued at $48,274,000 after buying an additional 5,465 shares in the last quarter. State Street Corp lifted its stake in shares of Douglas Dynamics by 0.4% in the fourth quarter. State Street Corp now owns 629,795 shares of the auto parts company’s stock valued at $20,563,000 after buying an additional 2,804 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its stake in shares of Douglas Dynamics by 0.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 614,815 shares of the auto parts company’s stock valued at $19,219,000 after buying an additional 2,184 shares in the last quarter. Nuveen LLC lifted its stake in shares of Douglas Dynamics by 485.3% in the fourth quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock valued at $11,425,000 after buying an additional 290,144 shares in the last quarter. Finally, Systematic Financial Management LP lifted its stake in shares of Douglas Dynamics by 7.8% in the fourth quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock valued at $10,906,000 after buying an additional 24,055 shares in the last quarter. 91.85% of the stock is owned by institutional investors.

Douglas Dynamics Stock Performance

Shares of PLOW stock opened at $47.18 on Wednesday. The firm has a 50-day moving average of $45.32 and a 200-day moving average of $40.79. The company has a market cap of $1.09 billion, a P/E ratio of 21.25, a P/E/G ratio of 0.97 and a beta of 1.21. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.65 and a quick ratio of 0.77. Douglas Dynamics, Inc. has a one year low of $27.62 and a one year high of $52.33.

Douglas Dynamics (NYSE:PLOW) last announced 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 company had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Equities research analysts forecast that Douglas Dynamics, Inc. will post 2.69 EPS for the current fiscal year.

Douglas Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be issued a $0.295 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $1.18 annualized dividend and a dividend yield of 2.5%. Douglas Dynamics’s dividend payout ratio is currently 53.15%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. 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. Weiss Ratings raised shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. DA Davidson raised their price objective on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Loop Capital set a $48.00 target price on shares of Douglas Dynamics in a report on Tuesday, March 3rd. Finally, Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Strong Buy” and an average target price of $54.67.

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.