Sovereign s Capital Management LLC Has $4.21 Million Stake in Douglas Dynamics, Inc. $PLOW

Sovereign s Capital Management LLC cut its position in Douglas Dynamics, Inc. (NYSE:PLOW) by 18.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,823 shares of the auto parts company’s stock after selling 29,867 shares during the quarter. Douglas Dynamics accounts for about 2.6% of Sovereign s Capital Management LLC’s portfolio, making the stock its 15th largest holding. Sovereign s Capital Management LLC owned about 0.56% of Douglas Dynamics worth $4,206,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wilson Asset Management International PTY Ltd. acquired a new position in shares of Douglas Dynamics in the 4th quarter valued at approximately $653,000. Hillsdale Investment Management Inc. raised its position in shares of Douglas Dynamics by 22.1% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 134,400 shares of the auto parts company’s stock valued at $4,201,000 after buying an additional 24,300 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Douglas Dynamics by 10.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 311,165 shares of the auto parts company’s stock valued at $9,727,000 after buying an additional 30,138 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in shares of Douglas Dynamics in the 3rd quarter valued at approximately $3,617,000. Finally, Systematic Financial Management LP raised its position in shares of Douglas Dynamics by 7.8% in the 4th quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock valued at $10,906,000 after buying an additional 24,055 shares in the last quarter. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PLOW shares. Robert W. Baird set a $56.00 price target on shares of Douglas Dynamics in a report on Wednesday, May 6th. Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Loop Capital set a $48.00 target price on Douglas Dynamics in a report on Tuesday, March 3rd. Finally, DA Davidson upped their target price on Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Douglas Dynamics presently has an average rating of “Strong Buy” and an average target price of $54.67.

Douglas Dynamics Trading Up 0.2%

NYSE:PLOW opened at $47.18 on Wednesday. The firm’s fifty day moving average is $45.32 and its 200-day moving average is $40.79. 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 52 week low of $27.62 and a 52 week high of $52.33. The firm has a market cap of $1.09 billion, a P/E ratio of 21.25, a P/E/G ratio of 0.97 and a beta of 1.21.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.24. The company had revenue of $137.80 million for the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Equities analysts expect that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current year.

Douglas Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.5%. Douglas Dynamics’s dividend payout ratio is currently 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.