Douglas Dynamics (NYSE:PLOW) Insider Jon Sisulak Sells 977 Shares

Douglas Dynamics, Inc. (NYSE:PLOW) insider Jon Sisulak sold 977 shares of Douglas Dynamics stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the transaction, the insider directly owned 14,232 shares in the company, valued at approximately $606,425.52. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Douglas Dynamics Trading Up 0.3%

Shares of NYSE:PLOW traded up $0.15 during mid-day trading on Wednesday, hitting $43.30. The stock had a trading volume of 170,297 shares, compared to its average volume of 232,102. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.17 and a current ratio of 2.78. The company has a market cap of $999.25 million, a PE ratio of 21.98, a P/E/G ratio of 1.24 and a beta of 1.20. Douglas Dynamics, Inc. has a 12-month low of $21.30 and a 12-month high of $47.16. The company’s 50 day moving average is $39.63 and its 200-day moving average is $34.67.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, February 23rd. The auto parts company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.06. Douglas Dynamics had a net margin of 7.15% and a return on equity of 17.83%. The firm had revenue of $184.54 million for the quarter, compared to analysts’ expectations of $169.95 million. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. On average, sell-side analysts predict that Douglas Dynamics, Inc. will post 1.3 EPS for the current year.

Douglas Dynamics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be issued a dividend of $0.295 per share. The ex-dividend date is Tuesday, March 17th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.7%. Douglas Dynamics’s payout ratio is currently 59.90%.

Institutional Trading of Douglas Dynamics

Institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL purchased a new stake in shares of Douglas Dynamics during the 2nd quarter worth about $3,080,000. SG Americas Securities LLC acquired a new stake in shares of Douglas Dynamics during the 3rd quarter valued at about $1,013,000. Hillsdale Investment Management Inc. grew its stake in shares of Douglas Dynamics by 22.1% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 134,400 shares of the auto parts company’s stock valued at $4,201,000 after buying an additional 24,300 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Douglas Dynamics in the 2nd quarter valued at approximately $2,640,000. Finally, JPMorgan Chase & Co. increased its holdings in Douglas Dynamics by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 311,165 shares of the auto parts company’s stock worth $9,727,000 after buying an additional 30,138 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PLOW shares. Freedom Capital downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Loop Capital set a $48.00 target price on Douglas Dynamics in a research note on Tuesday, March 3rd. DA Davidson reiterated a “buy” rating and issued a $48.00 target price on shares of Douglas Dynamics in a report on Wednesday, February 25th. Wall Street Zen raised shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Finally, Robert W. Baird set a $50.00 price objective on shares of Douglas Dynamics in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $48.67.

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.