Jupiter Topco LLC Takes Position in Douglas Dynamics, Inc. $PLOW

Jupiter Topco LLC purchased a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 137,472 shares of the auto parts company’s stock, valued at approximately $7,416,000. Jupiter Topco LLC owned 0.60% of Douglas Dynamics as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in PLOW. CIBC Private Wealth Group LLC lifted its holdings in Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 839 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Douglas Dynamics by 136.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after purchasing an additional 1,303 shares in the last quarter. State of Wyoming raised its position in shares of Douglas Dynamics by 20.0% in the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after purchasing an additional 405 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Douglas Dynamics by 18.1% in the fourth 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 period. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Douglas Dynamics during the 4th quarter valued at approximately $91,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Price Performance

NYSE:PLOW opened at $41.70 on Monday. The firm has a market capitalization of $962.31 million, a price-to-earnings ratio of 18.95, a P/E/G ratio of 0.91 and a beta of 1.20. Douglas Dynamics, Inc. has a 52-week low of $28.52 and a 52-week high of $55.00. The stock has a fifty day moving average of $45.17 and a 200 day moving average of $44.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.03 and a current ratio of 2.16.

Douglas Dynamics (NYSE:PLOW) last announced its earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. On average, research analysts expect that Douglas Dynamics, Inc. will post 2.86 EPS for the current fiscal year.

Douglas Dynamics Dividend Announcement

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

Analysts Set New Price Targets

PLOW has been the subject of a number of recent research reports. Zacks Research lowered shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Wall Street Zen cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Robert W. Baird cut their price objective on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Douglas Dynamics presently has an average rating of “Moderate Buy” and an average target price of $51.67.

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.