Janus Henderson Group PLC Grows Stock Holdings in Douglas Dynamics, Inc. $PLOW

Janus Henderson Group PLC grew its position in Douglas Dynamics, Inc. (NYSE:PLOWFree Report) by 43.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,791 shares of the auto parts company’s stock after buying an additional 34,297 shares during the quarter. Janus Henderson Group PLC owned 0.49% of Douglas Dynamics worth $4,790,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership grew its position in Douglas Dynamics by 128.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after acquiring an additional 303,077 shares in the last quarter. Nuveen LLC lifted its position in shares of Douglas Dynamics by 485.3% during the fourth quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock worth $11,425,000 after purchasing an additional 290,144 shares in the last quarter. Icon Advisers Inc. Co. purchased a new position in shares of Douglas Dynamics in the first quarter valued at approximately $8,717,000. Tudor Investment Corp ET AL purchased a new position in shares of Douglas Dynamics in the third quarter valued at approximately $3,617,000. Finally, Sei Investments Co. grew its holdings in shares of Douglas Dynamics by 60.5% in the first quarter. Sei Investments Co. now owns 303,297 shares of the auto parts company’s stock valued at $12,766,000 after purchasing an additional 114,380 shares in the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Douglas Dynamics Trading Down 1.8%

NYSE:PLOW opened at $44.83 on Friday. The stock has a 50-day simple moving average of $46.52 and a 200-day simple moving average of $44.20. The stock has a market cap of $1.03 billion, a P/E ratio of 20.38, a P/E/G ratio of 1.09 and a beta of 1.20. Douglas Dynamics, Inc. has a 1 year low of $28.52 and a 1 year high of $55.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.77 and a current ratio of 2.16.

Douglas Dynamics (NYSE:PLOWGet Free Report) last issued its earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.14. The business had revenue of $214.65 million for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. As a group, analysts anticipate that Douglas Dynamics, Inc. will post 2.62 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is 53.64%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Robert W. Baird cut their target price on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Weiss Ratings lowered Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Finally, DA Davidson set a $57.00 price target on Douglas Dynamics in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Douglas Dynamics presently has a consensus rating of “Hold” and a consensus price target of $51.67.

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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.

See Also

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

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