Douglas Dynamics (NYSE:PLOW) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Douglas Dynamics (NYSE:PLOW) from a buy rating to a hold rating in a research note released on Saturday.

Other equities research analysts have also recently issued research reports about the stock. DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research report on Tuesday, August 4th. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research cut shares of Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Robert W. Baird cut their price target on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Finally, Weiss Ratings downgraded shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $51.67.

Douglas Dynamics Price Performance

Douglas Dynamics stock opened at $42.91 on Friday. The firm has a market cap of $990.36 million, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.97 and a beta of 1.20. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.16 and a quick ratio of 1.03. The stock’s fifty day moving average price is $46.49 and its two-hundred day moving average price is $44.30. Douglas Dynamics has a one year low of $28.52 and a one year high of $55.00.

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

Douglas Dynamics Dividend Announcement

The firm also recently disclosed 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. 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 is currently 53.64%.

Institutional Trading of Douglas Dynamics

Several large investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in Douglas Dynamics by 28.3% during the first quarter. Royal Bank of Canada now owns 88,051 shares of the auto parts company’s stock worth $2,045,000 after acquiring an additional 19,447 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Douglas Dynamics by 10.2% during the 1st quarter. AQR Capital Management LLC now owns 113,465 shares of the auto parts company’s stock valued at $2,636,000 after purchasing an additional 10,535 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Douglas Dynamics by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,538 shares of the auto parts company’s stock valued at $314,000 after purchasing an additional 546 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Douglas Dynamics by 11.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,513 shares of the auto parts company’s stock valued at $1,777,000 after purchasing an additional 7,733 shares during the last quarter. Finally, Legal & General Group Plc increased its position in Douglas Dynamics by 2.8% during the 2nd quarter. Legal & General Group Plc now owns 26,968 shares of the auto parts company’s stock worth $795,000 after purchasing an additional 725 shares in the last quarter. 91.85% of the stock is owned by institutional investors and hedge funds.

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.