Douglas Dynamics (NYSE:PLOW) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of Douglas Dynamics (NYSE:PLOW) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Several other research analysts also recently weighed in on PLOW. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings downgraded shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Robert W. Baird set a $56.00 target price on Douglas Dynamics in a report on Wednesday, May 6th. Finally, DA Davidson boosted their price target on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $54.67.

Douglas Dynamics Stock Down 5.5%

Douglas Dynamics stock opened at $44.32 on Monday. Douglas Dynamics has a one year low of $27.62 and a one year high of $55.00. The stock has a fifty day moving average of $46.80 and a 200 day moving average of $42.66. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65. The stock has a market cap of $1.02 billion, a PE ratio of 19.96, a price-to-earnings-growth ratio of 0.97 and a beta of 1.17.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The business had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, sell-side analysts predict that Douglas Dynamics will post 2.69 EPS for the current year.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is presently 53.15%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PLOW. CIBC Private Wealth Group LLC raised its holdings in Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 839 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Douglas Dynamics by 136.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after acquiring an additional 1,303 shares during the period. State of Wyoming grew its position in shares of Douglas Dynamics by 20.0% during the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after purchasing an additional 405 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Douglas Dynamics by 18.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after purchasing an additional 400 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in Douglas Dynamics during the 4th quarter valued at approximately $91,000. Institutional investors own 91.85% of the company’s stock.

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.