Douglas Dynamics, Inc. $PLOW Stock Holdings Decreased by Pzena Investment Management LLC

Pzena Investment Management LLC lessened its position in shares of Douglas Dynamics, Inc. (NYSE:PLOW) by 1.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,366,141 shares of the auto parts company’s stock after selling 18,539 shares during the quarter. Pzena Investment Management LLC owned approximately 0.06% of Douglas Dynamics worth $53,621,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PLOW. Lakewood Asset Management LLC increased its holdings in Douglas Dynamics by 8.8% during the 3rd quarter. Lakewood Asset Management LLC now owns 5,861 shares of the auto parts company’s stock valued at $230,000 after acquiring an additional 474 shares in the last quarter. Provident Investment Management Inc. raised its position in Douglas Dynamics by 2.9% during the third quarter. Provident Investment Management Inc. now owns 25,135 shares of the auto parts company’s stock worth $987,000 after acquiring an additional 700 shares during the last quarter. Sterling Capital Management LLC raised its position in Douglas Dynamics by 471.5% during the third quarter. Sterling Capital Management LLC now owns 743 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 613 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Douglas Dynamics by 48.9% in the third quarter. Nisa Investment Advisors LLC now owns 3,559 shares of the auto parts company’s stock valued at $140,000 after purchasing an additional 1,169 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC purchased a new stake in shares of Douglas Dynamics in the third quarter valued at about $591,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research upgraded shares of Douglas Dynamics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. Weiss Ratings raised shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Robert W. Baird lowered 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. Finally, DA Davidson set a $57.00 price target on Douglas Dynamics in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $51.67.

Douglas Dynamics Stock Up 4.1%

Shares of NYSE:PLOW opened at $38.15 on Thursday. The stock’s 50-day moving average price is $40.03 and its two-hundred day moving average price is $42.98. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. Douglas Dynamics, Inc. has a 12-month low of $29.41 and a 12-month high of $55.00. The firm has a market cap of $880.46 million, a price-to-earnings ratio of 13.82, a PEG ratio of 0.80 and a beta of 1.14.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, November 2nd. The auto parts company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.06. The company had revenue of $218.01 million during the quarter, compared to the consensus estimate of $218.60 million. Douglas Dynamics had a net margin of 8.71% and a return on equity of 23.57%. On average, research analysts forecast that Douglas Dynamics, Inc. will post 2.86 EPS for the current year.

Douglas Dynamics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.2950 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, September 15th. Douglas Dynamics’s payout ratio is presently 53.64%.

Douglas Dynamics News Summary

Here are the key news stories impacting Douglas Dynamics this week:

• Positive Sentiment: Douglas Dynamics raised the lower end of its 2026 adjusted EPS outlook to $3.00–$3.40 and forecast net sales of $770 million–$805 million. The EPS midpoint of $3.20 is above the $3.13 consensus, while management’s improved floor signals greater confidence in the outlook. Guidance article
• Positive Sentiment: Q3 commentary highlighted strong municipal and preseason demand, contributing to record results and expectations for further growth. Those demand trends may help underpin future sales. Q3 business review
• Neutral Sentiment: Q3 revenue was about $218 million, close to expectations, and EPS was $0.98, up from $0.40 a year earlier. The EPS result beat some estimates but fell short of the $1.00 Zacks consensus, making the quarter’s comparison with forecasts mixed. Q3 earnings report
• Negative Sentiment: The company’s 2026 sales guidance starts at $770 million, below the $774.2 million consensus, and coverage noted a cautious outlook. This may temper enthusiasm despite the stronger EPS outlook and demand commentary.

Douglas Dynamics Profile

Douglas Dynamics, Inc is a manufacturer of equipment used for snow and ice management. The company’s products are designed for commercial, municipal and residential applications and include snowplows, spreaders, de-icing equipment and related attachments for light-, medium- and heavy-duty trucks.

Its portfolio includes products marketed under brands such as WESTERN, FISHER, BLIZZARD, SnowEx and Henderson. The company offers vehicle-mounted snow and ice control equipment, salt and material spreaders, liquid de-icing systems, truck bodies and other solutions intended to help contractors, municipalities and commercial operators clear roads, parking areas and other paved surfaces.

Founded in 1946, Douglas Dynamics is headquartered in Milwaukee, Wisconsin, and primarily serves customers in North America through equipment dealers, distributors and other commercial channels.