BlackRock Inc. Acquires Shares of 2,020,552 Douglas Dynamics, Inc. $PLOW

Key Points

• BlackRock acquired 2,020,552 shares of Douglas Dynamics in the second quarter, valued at approximately $109 million, giving it an 8.76% stake. Institutional investors collectively own 91.85% of PLOW.
• Analyst sentiment is mixed but leans positive, with a consensus rating of “Moderate Buy” and an average price target of $51.67; ratings range from Strong Buy to Sell.
• Douglas Dynamics beat quarterly EPS estimates, reporting $1.22 versus the $1.08 consensus, while revenue came in below expectations at $214.65 million. The company also maintains a quarterly dividend of $0.295, or $1.18 annually, yielding about 2.8%.

BlackRock Inc. bought a new position in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,020,552 shares of the auto parts company's stock, valued at approximately $109,009,000. BlackRock Inc. owned 8.76% of Douglas Dynamics as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PLOW. Wilson Asset Management International PTY Ltd. purchased a new stake in Douglas Dynamics in the 4th quarter valued at approximately $653,000. Icon Advisers Inc. Co. purchased a new position in shares of Douglas Dynamics during the 1st quarter worth approximately $8,717,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of 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 buying an additional 303,077 shares during the period. Systematic Financial Management LP lifted its holdings 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 during the period. Finally, Hillsdale Investment Management Inc. boosted its stake in shares of Douglas Dynamics by 39.9% in the first quarter. Hillsdale Investment Management Inc. now owns 195,190 shares of the auto parts company's stock valued at $8,216,000 after buying an additional 55,690 shares in the last quarter. Hedge funds and other institutional investors own 91.85% of the company's stock.

Wall Street Analyst Weigh In

PLOW has been the subject of a number of research analyst reports. DA Davidson set a $57.00 price target on shares of Douglas Dynamics in a report on Tuesday, August 4th. Zacks Research lowered shares of Douglas Dynamics from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 4th. Freedom Capital raised shares of Douglas Dynamics from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. Wall Street Zen cut Douglas Dynamics from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Weiss Ratings raised Douglas Dynamics from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $51.67.

Douglas Dynamics Price Performance

PLOW opened at $41.70 on Friday. The stock has a fifty day moving average of $45.17 and a 200-day moving average of $44.62. The firm has a market capitalization of $962.44 million, a P/E ratio of 18.95, a PEG ratio of 0.91 and a beta of 1.20. Douglas Dynamics, Inc. has a 12-month low of $28.52 and a 12-month high of $55.00. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44.

Douglas Dynamics (NYSE:PLOW - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.14. The firm had revenue of $214.65 million for the quarter, compared to the consensus estimate of $219.45 million. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Equities analysts forecast that Douglas Dynamics, Inc. will post 2.86 EPS for the current fiscal year.

Douglas Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a $0.295 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 2.8%. Douglas Dynamics's dividend payout ratio is 53.64%.

About Douglas Dynamics

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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