Deutsche Bank AG Purchases New Position in Douglas Dynamics, Inc. $PLOW

Key Points

• Deutsche Bank acquired 24,551 shares of Douglas Dynamics, valued at approximately $1.3 million, while institutional investors collectively owned 91.85% of the company at quarter-end.
• Douglas Dynamics reported quarterly EPS of $1.22, exceeding the $1.08 consensus estimate, though revenue of $214.65 million fell short of expectations. The company guided to fiscal 2026 EPS of $2.90–$3.40.
• The company maintains a quarterly dividend of $0.295 per share, equivalent to an annualized $1.18 payout and a 2.8% yield. Analyst sentiment is moderately bullish, with an average price target of $51.67 versus a recent share price of $41.70.

Deutsche Bank AG acquired a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,551 shares of the auto parts company's stock, valued at approximately $1,325,000. Deutsche Bank AG owned about 0.11% of Douglas Dynamics at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its stake in shares of Douglas Dynamics by 128.6% in the first 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 during the last quarter. Nuveen LLC raised its position in Douglas Dynamics by 485.3% in the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company's stock valued at $11,425,000 after purchasing an additional 290,144 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Douglas Dynamics in the 2nd quarter valued at $13,297,000. Icon Advisers Inc. Co. acquired a new position in Douglas Dynamics in the first quarter worth $8,717,000. Finally, Sei Investments Co. grew its holdings in shares of Douglas Dynamics by 60.5% during the first quarter. Sei Investments Co. now owns 303,297 shares of the auto parts company's stock worth $12,766,000 after purchasing an additional 114,380 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company's stock.

Douglas Dynamics Stock Performance

Shares of NYSE:PLOW opened at $41.70 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. Douglas Dynamics, Inc. has a 1-year low of $28.52 and a 1-year high of $55.00. The stock has a market capitalization of $962.44 million, a P/E ratio of 18.95, a P/E/G ratio of 0.91 and a beta of 1.20. The business has a 50-day moving average price of $45.17 and a two-hundred day moving average price of $44.62.

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

Douglas Dynamics Announces Dividend

The firm also recently disclosed 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 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 (DPR) is presently 53.64%.

Analyst Ratings Changes

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

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.

Want to see what other hedge funds are holding PLOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Douglas Dynamics, Inc. (NYSE:PLOW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source