Tudor Investment Corp ET AL bought a new stake in shares of Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 115,701 shares of the auto parts company’s stock, valued at approximately $3,617,000.
Several other institutional investors have also bought and sold shares of PLOW. CIBC Private Wealth Group LLC grew its holdings in Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 839 shares during the period. State of Alaska Department of Revenue bought a new stake in Douglas Dynamics in the 3rd quarter valued at about $39,000. EverSource Wealth Advisors LLC lifted its holdings in Douglas Dynamics by 85.4% during the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 583 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Douglas Dynamics by 136.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after purchasing an additional 1,303 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Douglas Dynamics during the third quarter worth about $69,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.
Insider Buying and Selling
In other news, insider Christopher E. Bernauer sold 869 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $37,028.09. Following the completion of the transaction, the insider directly owned 9,243 shares in the company, valued at $393,844.23. This trade represents a 8.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jon J. Sisulak sold 977 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 14,232 shares in the company, valued at approximately $606,425.52. The trade was a 6.42% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.50% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on PLOW
Douglas Dynamics Stock Performance
Shares of NYSE:PLOW opened at $42.45 on Friday. The company has a market cap of $979.79 million, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 1.22 and a beta of 1.20. The company has a 50-day moving average price of $41.25 and a 200-day moving average price of $35.33. The company has a current ratio of 2.78, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. Douglas Dynamics, Inc. has a 12 month low of $21.30 and a 12 month high of $47.16.
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its earnings results on Monday, February 23rd. The auto parts company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.06. The firm had revenue of $184.54 million for the quarter, compared to analysts’ expectations of $169.95 million. Douglas Dynamics had a return on equity of 17.83% and a net margin of 7.15%.Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. As a group, equities analysts anticipate that Douglas Dynamics, Inc. will post 1.3 EPS for the current year.
Douglas Dynamics Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.8%. Douglas Dynamics’s dividend payout ratio (DPR) is currently 59.90%.
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.
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