Pzena Investment Management LLC Reduces Holdings in Douglas Dynamics, Inc. $PLOW

Pzena Investment Management LLC decreased its holdings in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 4.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,126,608 shares of the auto parts company’s stock after selling 92,215 shares during the period. Pzena Investment Management LLC owned 0.09% of Douglas Dynamics worth $69,434,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Douglas Dynamics by 18.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after acquiring an additional 400 shares during the last quarter. State of Wyoming lifted its holdings in shares of Douglas Dynamics by 20.0% during the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after purchasing an additional 405 shares during the period. Comerica Bank lifted its holdings in shares of Douglas Dynamics by 2.6% during the fourth quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock worth $522,000 after purchasing an additional 407 shares during the period. Aquatic Capital Management LLC lifted its holdings in shares of Douglas Dynamics by 6.7% during the third quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock worth $224,000 after purchasing an additional 449 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of 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 during the period. Hedge funds and other institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Stock Down 1.0%

Shares of PLOW opened at $43.49 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65. Douglas Dynamics, Inc. has a one year low of $26.75 and a one year high of $52.33. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 0.91 and a beta of 1.24. The stock has a 50 day moving average price of $44.04 and a 200 day moving average price of $38.95.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The firm had revenue of $137.80 million during the quarter, compared to analysts’ expectations of $133.25 million. 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 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, March 17th. Douglas Dynamics’s payout ratio is presently 53.15%.

Analysts Set New Price Targets

A number of research analysts have issued reports on PLOW shares. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Robert W. Baird set a $56.00 price target on Douglas Dynamics in a report on Wednesday, May 6th. Wall Street Zen raised Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. DA Davidson boosted their price objective on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Loop Capital set a $48.00 price objective on Douglas Dynamics in a research report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Douglas Dynamics presently has an average rating of “Moderate Buy” and a consensus price target of $54.67.

Insider Activity at Douglas Dynamics

In related news, insider Jon J. Sisulak sold 977 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the sale, the insider directly owned 14,232 shares in the company, valued at approximately $606,425.52. The trade was a 6.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Christopher E. Bernauer sold 869 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $37,028.09. Following the sale, the insider owned 9,243 shares of the company’s stock, valued at $393,844.23. The trade was a 8.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.54% of the stock is currently owned by insiders.

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.