10,386 Shares in Douglas Dynamics, Inc. $PLOW Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new stake in Douglas Dynamics, Inc. (NYSE:PLOW) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,386 shares of the auto parts company’s stock, valued at approximately $241,000.

Several other institutional investors have also recently bought and sold shares of PLOW. Quarry LP acquired a new stake in shares of Douglas Dynamics in the 1st quarter valued at approximately $53,000. CWM LLC lifted its stake in Douglas Dynamics by 24.2% in the 1st quarter. CWM LLC now owns 5,400 shares of the auto parts company’s stock valued at $125,000 after purchasing an additional 1,052 shares during the last quarter. State of Wyoming bought a new position in Douglas Dynamics in the 4th quarter valued at approximately $153,000. Ieq Capital LLC acquired a new stake in Douglas Dynamics in the first quarter valued at approximately $220,000. Finally, New York State Common Retirement Fund grew its stake in shares of Douglas Dynamics by 10.1% during the first quarter. New York State Common Retirement Fund now owns 10,190 shares of the auto parts company’s stock worth $237,000 after buying an additional 938 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Douglas Dynamics Trading Down 1.9%

NYSE PLOW opened at $32.66 on Wednesday. Douglas Dynamics, Inc. has a 12 month low of $21.30 and a 12 month high of $34.25. The company has a current ratio of 2.11, a quick ratio of 0.99 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $752.39 million, a PE ratio of 11.70, a price-to-earnings-growth ratio of 1.19 and a beta of 1.33. The business’s 50-day moving average price is $31.11 and its two-hundred day moving average price is $27.71.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, August 4th. The auto parts company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.30. The company had revenue of $194.33 million for the quarter, compared to analyst estimates of $189.47 million. Douglas Dynamics had a return on equity of 15.16% and a net margin of 11.38%.The firm’s quarterly revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.11 earnings per share. Douglas Dynamics has set its FY 2025 guidance at 1.650-2.150 EPS. On average, analysts expect that Douglas Dynamics, Inc. will post 1.3 EPS for the current year.

Douglas Dynamics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.295 per share. The ex-dividend date is Tuesday, September 16th. This represents a $1.18 annualized dividend and a dividend yield of 3.6%. Douglas Dynamics’s dividend payout ratio is 42.29%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PLOW. DA Davidson increased their price target on Douglas Dynamics from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Wall Street Zen cut Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Douglas Dynamics presently has a consensus rating of “Moderate Buy” and an average target price of $30.00.

Douglas Dynamics Profile

Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories.