JPMorgan Chase & Co. Has $9.73 Million Stake in Douglas Dynamics, Inc. $PLOW

Key Points

• JPMorgan Chase & Co. boosted its stake in Douglas Dynamics by 10.7% to 311,165 shares—about 1.35% of the company—worth approximately $9.73 million per its latest SEC filing.
• Douglas Dynamics beat quarterly expectations (EPS $0.62 vs. $0.56; revenue $184.5M vs. $169.9M), set FY2026 guidance of EPS 2.25–2.85, and declared a quarterly dividend of $0.295 (annualized $1.18, ~2.7% yield).
• Analyst sentiment is positive: the consensus rating is Buy with an average price target of $48.67, supported by recent upgrades and a mix of one Strong Buy, two Buy and one Hold.

JPMorgan Chase & Co. boosted its holdings in Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) by 10.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 311,165 shares of the auto parts company's stock after buying an additional 30,138 shares during the period. JPMorgan Chase & Co. owned approximately 1.35% of Douglas Dynamics worth $9,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership acquired a new stake in Douglas Dynamics during the 2nd quarter worth $4,651,000. Prudential Financial Inc. bought a new stake in shares of Douglas Dynamics during the 2nd quarter valued at $3,532,000. American Century Companies Inc. lifted its stake in shares of Douglas Dynamics by 223.0% in the 2nd quarter. American Century Companies Inc. now owns 170,598 shares of the auto parts company's stock valued at $5,028,000 after purchasing an additional 117,782 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Douglas Dynamics by 112.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 220,709 shares of the auto parts company's stock valued at $6,504,000 after purchasing an additional 116,778 shares during the period. Finally, Gabelli Funds LLC bought a new stake in shares of Douglas Dynamics in the 2nd quarter valued at $3,099,000. 91.85% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PLOW has been the topic of a number of research analyst reports. Weiss Ratings raised Douglas Dynamics from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, February 27th. Freedom Capital lowered shares of Douglas Dynamics from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. DA Davidson reaffirmed a "buy" rating and issued a $48.00 target price on shares of Douglas Dynamics in a research report on Wednesday, February 25th. Wall Street Zen upgraded shares of Douglas Dynamics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 28th. Finally, Loop Capital set a $48.00 price target on shares of Douglas Dynamics in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $48.67.

Douglas Dynamics Trading Down 3.3%

NYSE PLOW opened at $43.33 on Friday. Douglas Dynamics, Inc. has a 12 month low of $21.30 and a 12 month high of $47.16. The company has a current ratio of 2.78, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. The stock has a 50 day moving average of $39.22 and a 200-day moving average of $34.49. The company has a market cap of $1.00 billion, a PE ratio of 21.99, a PEG ratio of 1.28 and a beta of 1.20.

Douglas Dynamics (NYSE:PLOW - Get Free Report) last issued its earnings results on Monday, February 23rd. The auto parts company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.06. Douglas Dynamics had a net margin of 7.15% and a return on equity of 17.83%. The business had revenue of $184.54 million for the quarter, compared to the consensus estimate of $169.95 million. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. On average, equities research analysts anticipate that Douglas Dynamics, Inc. will post 1.3 EPS for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, March 17th. Douglas Dynamics's dividend payout ratio is presently 59.90%.

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.