Riverwater Micro Opportunities Strategy’s Overview on Douglas Dynamics (PLOW)

2 weeks ago 20

Soumya Eswaran

Mon, January 19, 2026 astatine 8:03 AM CST 3 min read

Riverwater Partners, an concern absorption company, released its “Micro Opportunities Strategy” Q4 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Both Q4 and the afloat twelvemonth 2025 were challenging for the strategy, which struggled to lucifer the benchmark show successful Q4 and FY2025. The underweight vulnerability successful speculative areas of the marketplace led to the underperformance successful the 2nd fractional of the year. Low-quality stocks with mediocre fundamentals outperformed the marketplace successful the year. The strategy’s accent connected high-quality stocks lagged down the broader marketplace trends. Heading to 2026, the Strategy focuses connected micro-cap companies with broader income and maturation trajectories and believes that the low-quality banal marketplace rallies volition beryllium short-lived. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its fourth-quarter 2025 capitalist letter, Riverwater Partners Micro Opportunities Strategy highlighted stocks specified arsenic Douglas Dynamics, Inc. (NYSE:PLOW). Douglas Dynamics, Inc. (NYSE:PLOW), with a marketplace capitalization of $841.683 million, is simply a shaper and upfitter of commercialized enactment motortruck attachments and equipment. One-month instrumentality of Douglas Dynamics, Inc. (NYSE:PLOW) was 8.14%, and its shares gained 47.72% of their worth implicit the past 52 weeks. On January 16, 2026, Douglas Dynamics, Inc. (NYSE:PLOW) banal closed astatine $36.53 per share.

Riverwater Partners Micro Opportunities Strategy stated the pursuing regarding Douglas Dynamics, Inc. (NYSE:PLOW) successful its 4th fourth 2025 capitalist letter:

"Douglas Dynamics, Inc. (NYSE:PLOW) is simply a starring North American shaper of commercialized snowfall and crystal power instrumentality and enactment motortruck solutions, serving municipal, commercial, and contractor extremity markets done a portfolio of well-established brands specified arsenic FISHER®, WESTERN®, SnowEx®, Henderson®, and Dejana. The institution operates done 2 segments: Work Truck Attachments, which is highly levered to wintertime snowfall patterns, and Work Truck Solutions, which provides motortruck upfitting, municipal solutions, and much diversified, little weather-dependent gross streams. This operation gives PLOW a unsocial cyclical profile, with meaningful upside during normalized winters and expanding stableness arsenic the Solutions concern scales and diversification initiatives instrumentality hold.