Walleye Capital LLC Invests $2.30 Million in Douglas Dynamics, Inc. $PLOW

Posted by Francis Steltz on Jul 24th, 2026

Walleye Capital LLC bought a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 54,637 shares of the auto parts company’s stock, valued at approximately $2,300,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Globeflex Capital L P grew its position in shares of Douglas Dynamics by 6.9% in the 1st quarter. Globeflex Capital L P now owns 86,594 shares of the auto parts company’s stock valued at $3,645,000 after acquiring an additional 5,577 shares during the period. State of Wyoming grew its holdings in Douglas Dynamics by 177.5% during the first quarter. State of Wyoming now owns 5,889 shares of the auto parts company’s stock worth $248,000 after purchasing an additional 3,767 shares during the period. Icon Advisers Inc. Co. bought a new position in Douglas Dynamics during the first quarter worth about $8,717,000. Swiss National Bank increased its position in Douglas Dynamics by 1.3% during the first quarter. Swiss National Bank now owns 45,600 shares of the auto parts company’s stock worth $1,919,000 after buying an additional 600 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Douglas Dynamics by 5.0% during the 1st quarter. Bank of New York Mellon Corp now owns 243,457 shares of the auto parts company’s stock worth $10,247,000 after acquiring an additional 11,600 shares during the last quarter. 91.85% of the stock is owned by institutional investors.

Douglas Dynamics Price Performance

PLOW stock opened at $46.15 on Friday. The company’s 50-day moving average price is $46.50 and its two-hundred day moving average price is $43.60. The firm has a market cap of $1.07 billion, a P/E ratio of 20.79, a P/E/G ratio of 1.11 and a beta of 1.17. Douglas Dynamics, Inc. has a 12 month low of $27.62 and a 12 month high of $55.00. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48.

Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its earnings results on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. 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. On average, analysts anticipate that Douglas Dynamics, Inc. will post 2.62 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were paid a $0.295 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.18 annualized dividend and a dividend yield of 2.6%. Douglas Dynamics’s payout ratio is currently 53.15%.

Wall Street Analyst Weigh In

PLOW has been the topic of a number of research reports. DA Davidson upped their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Robert W. Baird set a $56.00 target price on Douglas Dynamics in a research report on Wednesday, May 6th. Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Wall Street Zen downgraded Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $54.67.

Check Out Our Latest Stock Analysis on Douglas Dynamics

Douglas Dynamics Company Profile

(Free Report)

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.