Douglas Dynamics, Inc. (NYSE:PLOW) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Douglas Dynamics, Inc. (NYSE:PLOW) have been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $51.6667.

A number of brokerages recently issued reports on PLOW. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Robert W. Baird reduced their price objective on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Wall Street Zen downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. DA Davidson set a $57.00 price target on Douglas Dynamics in a research report on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th.

Douglas Dynamics Trading Up 2.2%

NYSE PLOW opened at $41.61 on Friday. 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 has a twelve month low of $28.52 and a twelve month high of $55.00. The firm has a market capitalization of $960.33 million, a PE ratio of 18.92, a P/E/G ratio of 0.89 and a beta of 1.19. The stock’s 50 day moving average is $44.64 and its 200 day moving average is $44.65.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.14. The business had revenue of $214.65 million during the quarter, compared to the consensus estimate of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Research analysts forecast that Douglas Dynamics will post 2.86 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.18 annualized dividend and a dividend yield of 2.8%. Douglas Dynamics’s dividend payout ratio (DPR) is 53.64%.

Hedge Funds Weigh In On Douglas Dynamics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new stake in Douglas Dynamics in the 2nd quarter worth about $27,000. CIBC Private Wealth Group LLC raised its holdings in shares of 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 purchasing an additional 839 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after purchasing an additional 1,303 shares during the period. State of Wyoming raised its stake in Douglas Dynamics by 20.0% during the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after buying an additional 405 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Douglas Dynamics by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after acquiring an additional 400 shares during the period. 91.85% of the stock is owned by institutional investors.

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.