Susquehanna International Group LLP lowered its stake in Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) by 94.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,250 shares of the auto parts company’s stock after selling 92,681 shares during the period. Susquehanna International Group LLP’s holdings in Douglas Dynamics were worth $283,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of PLOW. Globeflex Capital L P bought a new position in Douglas Dynamics in the second quarter valued at about $4,672,000. Wilson Asset Management International PTY Ltd. acquired a new stake in Douglas Dynamics in the fourth quarter worth about $653,000. Ranger Investment Management L.P. acquired a new stake in Douglas Dynamics in the second quarter worth about $5,914,000. Icon Advisers Inc. Co. bought a new stake in Douglas Dynamics during the 1st quarter worth about $8,717,000. Finally, Systematic Financial Management LP raised its holdings in Douglas Dynamics by 7.8% during the 4th quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock worth $10,906,000 after purchasing an additional 24,055 shares during the last quarter. Institutional investors own 91.85% of the company’s stock.
Analyst Upgrades and Downgrades
PLOW has been the topic of several recent research reports. Wall Street Zen lowered shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Robert W. Baird dropped their price target on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. DA Davidson set a $57.00 price target on shares of Douglas Dynamics in a research note on Tuesday, August 4th. Zacks Research lowered shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Finally, Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Douglas Dynamics currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.
Douglas Dynamics Trading Down 1.1%
NYSE PLOW opened at $40.61 on Wednesday. Douglas Dynamics, Inc. has a 12 month low of $28.52 and a 12 month high of $55.00. The stock has a 50-day simple moving average of $44.81 and a 200 day simple moving average of $44.64. 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 company has a market capitalization of $937.28 million, a PE ratio of 18.46, a P/E/G ratio of 0.90 and a beta of 1.19.
Douglas Dynamics (NYSE:PLOW – Get Free Report) 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 firm had revenue of $214.65 million for the quarter, compared to analysts’ expectations 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 forecast that Douglas Dynamics, Inc. will post 2.86 EPS for the current year.
Douglas Dynamics Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors 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 annualized dividend and a yield of 2.9%. Douglas Dynamics’s dividend payout ratio (DPR) is presently 53.64%.
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.
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