Corient Private Wealth LP Acquires New Stake in Douglas Dynamics, Inc. $PLOW

Corient Private Wealth LP acquired a new stake in Douglas Dynamics, Inc. (NYSE:PLOW) in the second quarter, Holdings Channel reports. The firm acquired 31,406 shares of the auto parts company’s stock, valued at approximately $1,694,000.

Other large investors have also bought and sold shares of the company. Globeflex Capital L P bought a new stake in shares of Douglas Dynamics in the 2nd quarter valued at about $4,672,000. Ranger Investment Management L.P. acquired a new stake in shares of Douglas Dynamics in the second quarter valued at about $5,914,000. Icon Advisers Inc. Co. bought a new position in shares of Douglas Dynamics during the first quarter worth about $8,717,000. Systematic Financial Management LP raised its position in shares of Douglas Dynamics by 7.8% during the fourth quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock worth $10,906,000 after acquiring an additional 24,055 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Douglas Dynamics by 128.6% in the first 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 during the period. 91.85% of the stock is owned by institutional investors.

Douglas Dynamics Stock Performance

Shares of Douglas Dynamics stock opened at $41.27 on Friday. The business has a 50-day moving average price of $44.40 and a two-hundred day moving average price of $44.64. Douglas Dynamics, Inc. has a 1-year low of $28.52 and a 1-year high of $55.00. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. The company has a market cap of $952.51 million, a P/E ratio of 18.76, a PEG ratio of 0.91 and a beta of 1.19.

Douglas Dynamics (NYSE:PLOW) last announced 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 company had revenue of $214.65 million for the quarter, compared to the consensus estimate of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. As a group, analysts anticipate that Douglas Dynamics, Inc. will post 2.86 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the company. Wall Street Zen cut Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research lowered shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Robert W. Baird dropped their price target on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Finally, Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.