Douglas Dynamics, Inc. $PLOW Stock Holdings Trimmed by Legato Capital Management LLC

Legato Capital Management LLC lowered its holdings in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 81.9% during the 4th quarter, Holdings Channel reports. The fund owned 7,269 shares of the auto parts company’s stock after selling 32,997 shares during the period. Legato Capital Management LLC’s holdings in Douglas Dynamics were worth $237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC raised its stake in Douglas Dynamics by 229.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 839 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Douglas Dynamics by 85.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 583 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Douglas Dynamics by 136.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after acquiring an additional 1,303 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Douglas Dynamics during the 3rd quarter valued at $69,000. Finally, State of Wyoming increased its position in shares of Douglas Dynamics by 20.0% during the 2nd 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. Institutional investors own 91.85% of the company’s stock.

Insider Activity at Douglas Dynamics

In other Douglas Dynamics news, insider Christopher E. Bernauer sold 869 shares of the company’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 completion of the transaction, the insider owned 9,243 shares of the company’s stock, valued at $393,844.23. This represents a 8.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jon J. Sisulak sold 977 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $41,629.97. Following the completion of the transaction, the insider directly owned 14,232 shares of the company’s stock, valued at approximately $606,425.52. This trade represents a 6.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PLOW shares. Wall Street Zen upgraded Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Weiss Ratings downgraded Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Robert W. Baird set a $56.00 price target on Douglas Dynamics in a report on Wednesday, May 6th. Loop Capital set a $48.00 target price on Douglas Dynamics in a research note on Tuesday, March 3rd. Finally, Zacks Research upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $54.67.

Douglas Dynamics Price Performance

NYSE PLOW opened at $44.44 on Friday. Douglas Dynamics, Inc. has a twelve month low of $27.03 and a twelve month high of $52.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65. The stock has a market capitalization of $1.03 billion, a PE ratio of 20.02, a P/E/G ratio of 0.94 and a beta of 1.24. The stock has a 50-day simple moving average of $44.33 and a 200 day simple moving average of $39.45.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 earnings per share 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 business 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. Research analysts anticipate that Douglas Dynamics, Inc. will post 2.69 EPS for the current year.

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.