Virtus Advisers LLC Purchases New Shares in Douglas Dynamics, Inc. $PLOW

Key Points

• Virtus Advisers LLC acquired 25,198 shares of Douglas Dynamics worth approximately $1.36 million, while institutional investors and hedge funds collectively own 91.85% of the company.
• Douglas Dynamics reported quarterly EPS of $1.22, beating estimates of $1.08, though revenue of $214.65 million fell short of the $219.45 million consensus. Management provided fiscal 2026 EPS guidance of $2.90–$3.40.
• The company maintains a quarterly dividend of $0.295, equivalent to $1.18 annually and a 2.9% yield. Analysts’ consensus rating is “Moderate Buy”, with an average price target of $51.67 versus a recent share price of $41.01.

Virtus Advisers LLC acquired a new stake in shares of Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,198 shares of the auto parts company's stock, valued at approximately $1,359,000. Virtus Advisers LLC owned approximately 0.11% of Douglas Dynamics at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Douglas Dynamics in the second quarter worth $109,009,000. Pzena Investment Management LLC acquired a new position in Douglas Dynamics during the second quarter valued at $74,703,000. Arrowstreet Capital Limited Partnership lifted its stake 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 worth $22,673,000 after acquiring an additional 303,077 shares in the last quarter. Nuveen LLC lifted its stake in Douglas Dynamics by 485.3% in the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company's stock worth $11,425,000 after acquiring an additional 290,144 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Douglas Dynamics during the 2nd quarter worth about $13,297,000. 91.85% of the stock is currently owned by institutional investors and hedge funds.

Douglas Dynamics Price Performance

Shares of Douglas Dynamics stock opened at $41.01 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.16 and a quick ratio of 1.03. The company has a market cap of $946.51 million, a PE ratio of 18.64, a price-to-earnings-growth ratio of 0.91 and a beta of 1.20. The firm has a fifty day moving average price of $45.92 and a two-hundred day moving average price of $44.55. Douglas Dynamics, Inc. has a fifty-two week low of $28.52 and a fifty-two week high of $55.00.

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

Douglas Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics's payout ratio is presently 53.64%.

Analyst Ratings Changes

PLOW has been the subject of several recent research reports. Wall Street Zen cut Douglas Dynamics from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research report on Tuesday, August 4th. Robert W. Baird reduced their target price on shares of Douglas Dynamics from $56.00 to $50.00 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Freedom Capital raised shares of Douglas Dynamics from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Douglas Dynamics from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. One 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 stock. Based on data from MarketBeat.com, Douglas Dynamics presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.67.

Douglas Dynamics Company Profile

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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