Douglas Dynamics (NYSE:PLOW) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Wall Street Zen upgraded shares of Douglas Dynamics (NYSE:PLOW) from a buy rating to a strong-buy rating in a research report released on Saturday morning.

Several other research analysts have also weighed in on PLOW. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Loop Capital set a $48.00 price objective on Douglas Dynamics in a research report on Tuesday, March 3rd. Zacks Research lowered Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. DA Davidson lifted their price objective on Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $56.00 target price on Douglas Dynamics in a research report on Wednesday, May 6th. One research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $54.67.

Douglas Dynamics Stock Performance

PLOW stock opened at $44.36 on Friday. The stock has a 50-day moving average price of $44.05 and a 200-day moving average price of $38.54. Douglas Dynamics has a 1-year low of $26.75 and a 1-year high of $52.33. The company has a current ratio of 2.65, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The firm has a market cap of $1.03 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 0.91 and a beta of 1.24.

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

Douglas Dynamics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, March 17th. Douglas Dynamics’s payout ratio is presently 53.15%.

Insider Transactions at Douglas Dynamics

In related news, insider Jon J. Sisulak sold 977 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $41,629.97. Following the completion of the sale, the insider directly owned 14,232 shares of the company’s stock, valued at $606,425.52. The trade was a 6.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Christopher E. Bernauer sold 869 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $37,028.09. Following the completion of the sale, the insider directly owned 9,243 shares of the company’s stock, valued at $393,844.23. The trade was a 8.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.54% of the company’s stock.

Institutional Trading of Douglas Dynamics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Douglas Dynamics by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 1,478,522 shares of the auto parts company’s stock valued at $48,274,000 after purchasing an additional 5,465 shares during the last quarter. State Street Corp boosted its stake in Douglas Dynamics by 0.4% during the 4th quarter. State Street Corp now owns 629,795 shares of the auto parts company’s stock valued at $20,563,000 after purchasing an additional 2,804 shares during the last quarter. Punch & Associates Investment Management Inc. boosted its stake in Douglas Dynamics by 1.2% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 621,845 shares of the auto parts company’s stock valued at $26,173,000 after purchasing an additional 7,139 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Douglas Dynamics by 128.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after purchasing an additional 303,077 shares during the last quarter. Finally, Nuveen LLC boosted its stake in Douglas Dynamics by 485.3% during the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock valued at $11,425,000 after purchasing an additional 290,144 shares during the last quarter. 91.85% of the stock is owned by institutional investors.

About Douglas Dynamics

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.