Douglas Dynamics, Inc. $PLOW Shares Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. lifted its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 39.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 195,190 shares of the auto parts company’s stock after acquiring an additional 55,690 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Douglas Dynamics were worth $8,216,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada increased its stake in shares of Douglas Dynamics by 28.3% in the 1st quarter. Royal Bank of Canada now owns 88,051 shares of the auto parts company’s stock valued at $2,045,000 after purchasing an additional 19,447 shares in the last quarter. AQR Capital Management LLC raised its holdings in Douglas Dynamics by 10.2% in the 1st quarter. AQR Capital Management LLC now owns 113,465 shares of the auto parts company’s stock worth $2,636,000 after purchasing an additional 10,535 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Douglas Dynamics by 4.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,538 shares of the auto parts company’s stock worth $314,000 after purchasing an additional 546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Douglas Dynamics by 11.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,513 shares of the auto parts company’s stock worth $1,777,000 after purchasing an additional 7,733 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in Douglas Dynamics by 2.8% in the second quarter. Legal & General Group Plc now owns 26,968 shares of the auto parts company’s stock valued at $795,000 after purchasing an additional 725 shares during the period. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PLOW. Zacks Research cut Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings cut shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Robert W. Baird set a $56.00 price target on shares of Douglas Dynamics in a research note on Wednesday, May 6th. Finally, DA Davidson boosted their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $54.67.

Douglas Dynamics Price Performance

Shares of Douglas Dynamics stock opened at $42.99 on Tuesday. The stock has a market capitalization of $993.93 million, a P/E ratio of 19.36, a PEG ratio of 1.03 and a beta of 1.17. The business has a 50 day simple moving average of $46.63 and a two-hundred day simple moving average of $42.92. Douglas Dynamics, Inc. has a 12 month low of $27.62 and a 12 month high of $55.00. 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 (NYSE:PLOW) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. The firm had revenue of $137.80 million for the quarter, compared to analyst estimates 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 predict that Douglas Dynamics, Inc. will post 2.62 EPS for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 2.7%. Douglas Dynamics’s dividend payout ratio (DPR) is presently 53.15%.

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.