Douglas Dynamics, Inc. $PLOW Stock: Pzena Investment Management LLC Lowers Position

Pzena Investment Management LLC lowered its stake in Douglas Dynamics, Inc. (NYSE:PLOW) by 1.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,366,141 shares of the auto parts company’s stock after selling 18,539 shares during the period. Pzena Investment Management LLC owned approximately 5.92% of Douglas Dynamics worth $53,621,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in Douglas Dynamics in the 2nd quarter valued at $109,009,000. Punch & Associates Investment Management Inc. purchased a new position in Douglas Dynamics during the 2nd quarter worth $35,570,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Douglas Dynamics by 128.6% in the 1st 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. Bank of New York Mellon Corp acquired a new stake in shares of Douglas Dynamics in the 2nd quarter worth $13,297,000. Finally, Icon Advisers Inc. Co. acquired a new stake in shares of Douglas Dynamics in the 1st quarter worth $8,717,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PLOW. Wall Street Zen lowered shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. 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. DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research report on Tuesday, August 4th. Zacks Research raised Douglas Dynamics from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 2nd. Finally, Robert W. Baird dropped their target price on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.67.

Douglas Dynamics Stock Performance

NYSE:PLOW opened at $38.15 on Thursday. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. Douglas Dynamics, Inc. has a fifty-two week low of $29.41 and a fifty-two week high of $55.00. The stock has a market cap of $880.46 million, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.80 and a beta of 1.14. The firm’s fifty day simple moving average is $40.03 and its 200-day simple moving average is $42.98.

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

Douglas Dynamics Dividend Announcement

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

Key Stories Impacting Douglas Dynamics

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 Company 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.