Ranger Investment Management L.P. Invests $5.91 Million in Douglas Dynamics, Inc. $PLOW

Ranger Investment Management L.P. purchased a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 109,622 shares of the auto parts company’s stock, valued at approximately $5,914,000. Ranger Investment Management L.P. owned about 0.48% of Douglas Dynamics as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PLOW. BlackRock Inc. purchased a new stake in Douglas Dynamics during the 2nd quarter valued at approximately $109,009,000. Pzena Investment Management LLC purchased a new position in shares of Douglas Dynamics in the 2nd quarter valued at approximately $74,703,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Douglas Dynamics by 128.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after purchasing an additional 303,077 shares during the last quarter. Nuveen LLC increased its holdings 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 purchasing an additional 290,144 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Douglas Dynamics in the second quarter valued at approximately $13,297,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

Douglas Dynamics Stock Performance

NYSE PLOW opened at $42.04 on Monday. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $45.82 and its two-hundred day moving average is $44.57. Douglas Dynamics, Inc. has a 12-month low of $28.52 and a 12-month high of $55.00. The stock has a market capitalization of $970.28 million, a price-to-earnings ratio of 19.11, a PEG ratio of 0.92 and a beta of 1.20.

Douglas Dynamics (NYSE:PLOW) last issued its earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.14. The business had revenue of $214.65 million during the quarter, compared to the consensus estimate of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Research analysts expect that Douglas Dynamics, Inc. will post 2.86 EPS for the current year.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were given a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.8%. Douglas Dynamics’s dividend payout ratio is presently 53.64%.

Wall Street Analyst Weigh In

PLOW has been the subject of several recent research reports. Robert W. Baird decreased their price target on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Wall Street Zen cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research note on Tuesday, August 4th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Zacks Research cut shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $51.67.

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.