Douglas Dynamics, Inc. (NYSE:PLOW – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $51.67.
Several research firms recently commented on PLOW. Robert W. Baird dropped their price objective on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th. DA Davidson set a $57.00 target price on Douglas Dynamics in a research report on Tuesday, August 4th. Zacks Research upgraded Douglas Dynamics from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. Weiss Ratings raised shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, Wall Street Zen downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th.
Read Our Latest Research Report on PLOW
Douglas Dynamics Trading Up 0.3%
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.14. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. The company had revenue of $214.65 million during the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Equities research analysts predict that Douglas Dynamics will post 2.86 EPS for the current year.
Douglas Dynamics Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.2950 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Tuesday, September 15th. Douglas Dynamics’s dividend payout ratio is presently 53.64%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of Douglas Dynamics during the second quarter valued at about $109,009,000. Pzena Investment Management LLC bought a new position in shares of Douglas Dynamics in the second quarter valued at approximately $74,703,000. Punch & Associates Investment Management Inc. bought a new position in shares of Douglas Dynamics in the second quarter valued at approximately $35,570,000. Arrowstreet Capital Limited Partnership grew its stake in Douglas Dynamics by 128.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after acquiring an additional 303,077 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Douglas Dynamics during the second quarter valued at approximately $13,297,000. 91.85% of the stock is currently owned by hedge funds and other institutional investors.
About Douglas Dynamics
Douglas Dynamics, Inc is a Milwaukee, Wisconsin-based manufacturer of equipment and solutions for snow and ice management and commercial work trucks. The company serves contractors, municipalities, government agencies and other commercial customers that rely on specialized equipment to maintain roads, parking lots and other properties.
Its product portfolio includes snowplows, tailgate and hopper spreaders, liquid deicing systems, underbody scrapers and related truck-mounted attachments.
Featured Stories
- Five stocks we like better than Douglas Dynamics
- Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Receive News & Ratings for Douglas Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.
