Douglas Dynamics (NYSE:PLOW) Shares Gap Down – Time to Sell?

Douglas Dynamics, Inc. (NYSE:PLOW) gapped down prior to trading on Wednesday . The stock had previously closed at $46.91, but opened at $43.55. Douglas Dynamics shares last traded at $43.76, with a volume of 8,054 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PLOW shares. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. DA Davidson raised their price target on Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Weiss Ratings downgraded Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. Finally, Zacks Research lowered shares of Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $54.67.

Douglas Dynamics Stock Down 0.4%

The company has a market capitalization of $995.39 million, a PE ratio of 19.39, a P/E/G ratio of 1.03 and a beta of 1.17. 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 50 day simple moving average of $46.71 and a two-hundred day simple moving average of $42.79.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results 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. The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Research analysts expect that Douglas Dynamics, Inc. will post 2.62 EPS for the current year.

Douglas Dynamics Dividend Announcement

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

Hedge Funds Weigh In On Douglas Dynamics

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 worth $22,673,000 after buying an additional 303,077 shares in the last quarter. Nuveen LLC grew its holdings in Douglas Dynamics by 485.3% during the fourth quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock worth $11,425,000 after acquiring an additional 290,144 shares during the period. Icon Advisers Inc. Co. acquired a new position in Douglas Dynamics during the first quarter worth $8,717,000. Tudor Investment Corp ET AL purchased a new position in Douglas Dynamics in the third quarter worth $3,617,000. Finally, Sei Investments Co. raised its position in Douglas Dynamics by 60.5% in the first quarter. Sei Investments Co. now owns 303,297 shares of the auto parts company’s stock worth $12,766,000 after acquiring an additional 114,380 shares in the last quarter. Institutional investors and hedge funds 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.