Sei Investments Co. Purchases 114,380 Shares of Douglas Dynamics, Inc. $PLOW

Sei Investments Co. raised its position in Douglas Dynamics, Inc. (NYSE:PLOWFree Report) by 60.5% during the 1st quarter, HoldingsChannel reports. The fund owned 303,297 shares of the auto parts company’s stock after buying an additional 114,380 shares during the quarter. Sei Investments Co.’s holdings in Douglas Dynamics were worth $12,766,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC boosted its position in Douglas Dynamics by 1.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock worth $1,020,000 after acquiring an additional 272 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Douglas Dynamics by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after purchasing an additional 400 shares during the last quarter. State of Wyoming lifted its position in shares of Douglas Dynamics by 20.0% in 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 in the last quarter. Comerica Bank lifted its position in shares of Douglas Dynamics by 2.6% in 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 in the last quarter. Finally, Aquatic Capital Management LLC boosted its holdings in 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 last quarter. Institutional investors own 91.85% of the company’s stock.

Wall Street Analyst Weigh In

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

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Douglas Dynamics Trading Up 2.6%

Shares of Douglas Dynamics stock opened at $43.94 on Friday. Douglas Dynamics, Inc. has a 12-month low of $27.62 and a 12-month high of $55.00. The stock has a market cap of $1.02 billion, a P/E ratio of 19.79, a P/E/G ratio of 1.02 and a beta of 1.17. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $46.56 and its 200-day moving average is $43.93.

Douglas Dynamics (NYSE:PLOWGet Free Report) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, beating 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 company had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Equities research analysts predict that Douglas Dynamics, Inc. will post 2.62 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $0.295 dividend. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 2.7%. Douglas Dynamics’s dividend payout ratio (DPR) is currently 53.15%.

About Douglas Dynamics

(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.

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Institutional Ownership by Quarter for Douglas Dynamics (NYSE:PLOW)

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