Allspring Global Investments Holdings LLC Has $79 Million Stock Holdings in Douglas Dynamics, Inc. $PLOW

Allspring Global Investments Holdings LLC decreased its holdings in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,394,617 shares of the auto parts company’s stock after selling 38,499 shares during the quarter. Allspring Global Investments Holdings LLC owned 10.39% of Douglas Dynamics worth $78,998,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of PLOW. CIBC Private Wealth Group LLC boosted its position in Douglas Dynamics by 229.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 839 shares during the period. State of Alaska Department of Revenue purchased a new position in Douglas Dynamics during the third quarter valued at approximately $39,000. EverSource Wealth Advisors LLC grew its position in Douglas Dynamics by 85.4% during the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 583 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after buying an additional 1,303 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Douglas Dynamics in the third quarter worth approximately $69,000. 91.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Jon J. Sisulak sold 977 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $41,629.97. Following the transaction, the insider owned 14,232 shares in the company, valued at approximately $606,425.52. This represents a 6.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher E. Bernauer sold 869 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total transaction of $37,028.09. Following the completion of the transaction, the insider directly owned 9,243 shares in the company, valued at approximately $393,844.23. This represents a 8.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

PLOW has been the topic of a number of recent analyst reports. Loop Capital set a $48.00 price objective on Douglas Dynamics in a research note on Tuesday, March 3rd. DA Davidson reiterated a “buy” rating and set a $48.00 target price on shares of Douglas Dynamics in a research report on Wednesday, February 25th. Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 26th. Weiss Ratings raised shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 27th. Finally, Robert W. Baird set a $50.00 target price on shares of Douglas Dynamics in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $48.67.

Douglas Dynamics Stock Performance

Shares of NYSE PLOW opened at $42.06 on Wednesday. The stock has a market capitalization of $970.86 million, a PE ratio of 21.35, a price-to-earnings-growth ratio of 1.18 and a beta of 1.20. Douglas Dynamics, Inc. has a 52 week low of $21.30 and a 52 week high of $47.16. The stock has a 50 day moving average price of $41.56 and a 200 day moving average price of $35.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.17 and a current ratio of 2.78.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, February 23rd. The auto parts company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.56 by $0.06. Douglas Dynamics had a return on equity of 17.83% and a net margin of 7.15%.The company had revenue of $184.54 million during 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. Analysts predict that Douglas Dynamics, Inc. will post 1.3 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, March 17th. Douglas Dynamics’s payout ratio is currently 59.90%.

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.