Douglas Dynamics (NYSE:PLOW) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Douglas Dynamics, Inc. (NYSE:PLOW)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $40.52 and traded as high as $47.55. Douglas Dynamics shares last traded at $47.06, with a volume of 128,244 shares changing hands.

Analyst Upgrades and Downgrades

PLOW has been the subject of a number of research reports. Zacks Research upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Wall Street Zen downgraded shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. DA Davidson raised their price objective on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Strong Buy” and a consensus price target of $54.67.

Douglas Dynamics Stock Up 0.5%

The business has a 50-day moving average price of $45.11 and a 200 day moving average price of $40.52. 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 stock has a market capitalization of $1.09 billion, a P/E ratio of 21.20, a P/E/G ratio of 0.97 and a beta of 1.21.

Douglas Dynamics (NYSE:PLOW) last announced 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. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The company had revenue of $137.80 million for the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, equities analysts expect that Douglas Dynamics, Inc. will post 2.69 EPS for the current fiscal year.

Douglas Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio is currently 53.15%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC raised its position in 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 period. EverSource Wealth Advisors LLC boosted its holdings in shares of Douglas Dynamics by 85.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock worth $40,000 after purchasing an additional 583 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of 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. Wealth Enhancement Advisory Services LLC bought a new position in shares of Douglas Dynamics during the 3rd quarter valued at approximately $69,000. Finally, State of Wyoming raised its holdings 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 period. Hedge funds and other institutional investors own 91.85% of the company’s stock.

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.