Douglas Dynamics (NYSE:PLOW) Cut to “Hold” at Freedom Capital

Freedom Capital lowered shares of Douglas Dynamics (NYSE:PLOW) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

A number of other brokerages have also commented on PLOW. Loop Capital set a $48.00 price objective on shares of Douglas Dynamics in a report on Tuesday. Wall Street Zen raised shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Robert W. Baird set a $50.00 price objective on Douglas Dynamics in a report on Wednesday, February 25th. Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 27th. Finally, DA Davidson reaffirmed a “buy” rating and set a $48.00 price target on shares of Douglas Dynamics in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $48.67.

Douglas Dynamics Stock Down 2.6%

NYSE PLOW opened at $44.88 on Tuesday. The firm has a market cap of $1.04 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 1.31 and a beta of 1.20. Douglas Dynamics has a one year low of $21.30 and a one year high of $47.16. The stock’s 50 day simple moving average is $39.02 and its 200 day simple moving average is $34.42. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.78 and a quick ratio of 1.17.

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

Douglas Dynamics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 17th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.6%. Douglas Dynamics’s payout ratio is 59.90%.

Hedge Funds Weigh In On Douglas Dynamics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CWM LLC raised its position in shares of Douglas Dynamics by 5.7% in the 3rd quarter. CWM LLC now owns 6,778 shares of the auto parts company’s stock valued at $212,000 after acquiring an additional 365 shares during the period. PNC Financial Services Group Inc. raised its stake in Douglas Dynamics by 18.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after buying an additional 400 shares during the period. State of Wyoming lifted its holdings in Douglas Dynamics by 20.0% during the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after acquiring an additional 405 shares in the last quarter. Comerica Bank increased its holdings in shares of Douglas Dynamics by 2.6% in the fourth quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock worth $522,000 after acquiring an additional 407 shares in the last quarter. Finally, Aquatic Capital Management LLC raised its position in shares of Douglas Dynamics by 6.7% during the third quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock worth $224,000 after purchasing an additional 449 shares during the period. Institutional investors own 91.85% of the company’s stock.

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.