Campbell & CO Investment Adviser LLC Acquires Shares of 17,846 Douglas Dynamics, Inc. $PLOW

Campbell & CO Investment Adviser LLC bought a new position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 17,846 shares of the auto parts company’s stock, valued at approximately $558,000. Campbell & CO Investment Adviser LLC owned 0.08% of Douglas Dynamics at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Pzena Investment Management LLC raised its position in Douglas Dynamics by 0.4% during the 2nd quarter. Pzena Investment Management LLC now owns 2,281,587 shares of the auto parts company’s stock valued at $67,238,000 after purchasing an additional 8,584 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Douglas Dynamics by 0.5% during the second quarter. Geode Capital Management LLC now owns 539,933 shares of the auto parts company’s stock valued at $15,915,000 after acquiring an additional 2,572 shares in the last quarter. Systematic Financial Management LP lifted its stake in Douglas Dynamics by 1.1% in the second quarter. Systematic Financial Management LP now owns 309,114 shares of the auto parts company’s stock worth $9,110,000 after acquiring an additional 3,310 shares during the period. Bank of America Corp DE boosted its holdings in Douglas Dynamics by 0.7% in the second quarter. Bank of America Corp DE now owns 298,934 shares of the auto parts company’s stock valued at $8,810,000 after acquiring an additional 2,093 shares in the last quarter. Finally, Ranger Investment Management L.P. boosted its holdings in Douglas Dynamics by 58.2% in the second quarter. Ranger Investment Management L.P. now owns 278,704 shares of the auto parts company’s stock valued at $8,213,000 after acquiring an additional 102,544 shares in the last quarter. Hedge funds and other institutional investors own 91.85% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on PLOW. Wall Street Zen lowered shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Douglas Dynamics in a research note on Monday, December 29th. Finally, DA Davidson restated a “buy” rating and issued a $39.00 price objective on shares of Douglas Dynamics in a report on Monday, December 8th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $39.00.

Douglas Dynamics Price Performance

Shares of NYSE PLOW opened at $36.94 on Thursday. The company has a 50 day simple moving average of $33.35 and a two-hundred day simple moving average of $31.94. Douglas Dynamics, Inc. has a fifty-two week low of $21.30 and a fifty-two week high of $37.10. The company has a market capitalization of $851.03 million, a price-to-earnings ratio of 20.99, a P/E/G ratio of 1.20 and a beta of 1.26. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.09 and a current ratio of 2.01.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results on Monday, November 3rd. The auto parts company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. Douglas Dynamics had a return on equity of 16.18% and a net margin of 6.82%.The firm had revenue of $162.12 million for the quarter, compared to analysts’ expectations of $163.27 million. Douglas Dynamics has set its FY 2025 guidance at 1.850-2.250 EPS. Analysts expect that Douglas Dynamics, Inc. will post 1.3 EPS for the current fiscal year.

Douglas Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th were given a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, December 16th. Douglas Dynamics’s payout ratio is currently 67.05%.

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.