Douglas Dynamics (NYSE:PLOW) Shares Gap Up After Strong Earnings

Douglas Dynamics, Inc. (NYSE:PLOW) shares gapped up prior to trading on Tuesday following a stronger than expected earnings report. The stock had previously closed at $42.64, but opened at $44.71. Douglas Dynamics shares last traded at $45.36, with a volume of 108,405 shares.

The auto parts company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.06. Douglas Dynamics had a return on equity of 18.04% and a net margin of 7.15%.The firm had revenue of $184.54 million during the quarter, compared to the consensus estimate of $169.95 million. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid 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 2.6%. Douglas Dynamics’s dividend payout ratio (DPR) is currently 67.05%.

Douglas Dynamics News Roundup

Here are the key news stories impacting Douglas Dynamics this week:

• Positive Sentiment: Q4 beat — Douglas Dynamics reported Q4 EPS of $0.62 (vs. $0.56 consensus) and revenue of $184.5M (well above estimates), driven by higher parts & accessories sales. Douglas Dynamics (PLOW) Surpasses Q4 Earnings and Revenue Estimates
• Positive Sentiment: Raised 2026 revenue outlook — Company issued FY2026 sales guidance of $710M–$760M and adjusted EPS $2.25–$2.85, signaling management confidence and giving upside vs. some analyst top‑line expectations. Douglas Dynamics outlines $710M-$760M 2026 sales target
• Positive Sentiment: Dividend announced — Board declared a $0.295 quarterly dividend (payable Mar 31; ex‑div Mar 17), which supports income investors and signals confidence in cash generation. Douglas Dynamics declares $0.295 dividend
• Positive Sentiment: Strategic M&A and cash strength — Company closed acquisition of Venco Venturo, reported record FY2025 sales ($656.1M) and free cash flow up ~91% to $63.6M, reinforcing growth and capital allocation capacity. Reports Record 2025 Performance & Acquisition
• Neutral Sentiment: Earnings call commentary — Management emphasized “Optimize, Expand, Activate” strategic pillars, operational improvements and municipal demand strength; read the transcript for detail on execution and seasonality. Douglas Dynamics (PLOW) Earnings Call Transcript
• Negative Sentiment: Weather dependence and prior-year items — Much of the Attachments strength was weather-driven (parts & accessories >50% growth in Q4); full‑year GAAP net income was lower than 2024 due to last year’s one-time sale‑leaseback gain, underscoring volatile comparables. Douglas Dynamics Reports Strong Fourth Quarter And Full Year 2025 Results
• Negative Sentiment: Guidance nuance — 2026 adjusted EPS range overlaps but the low end is slightly below some consensus estimates and the company does not provide a GAAP reconciliation for forward non‑GAAP measures, which can add uncertainty for modelers. Record 2025 Financial Performance (guidance details)

Analyst Upgrades and Downgrades

PLOW has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Douglas Dynamics in a research report on Monday, December 29th. Wall Street Zen cut Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 22nd. Finally, DA Davidson reiterated a “buy” rating and issued a $39.00 target price on shares of Douglas Dynamics in a research note on Monday, December 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $39.00.

Hedge Funds Weigh In On Douglas Dynamics

Institutional investors have recently modified their holdings of the stock. Gamco Investors INC. ET AL purchased a new stake in Douglas Dynamics during the second quarter worth about $3,080,000. SG Americas Securities LLC purchased a new position in Douglas Dynamics in the third quarter valued at $1,013,000. Segall Bryant & Hamill LLC purchased a new position in Douglas Dynamics in the second quarter valued at $2,640,000. Y Intercept Hong Kong Ltd acquired a new position in Douglas Dynamics during the 3rd quarter worth $864,000. Finally, Ellsworth Advisors LLC purchased a new stake in Douglas Dynamics during the 3rd quarter worth about $738,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Stock Up 4.5%

The business has a 50-day simple moving average of $37.29 and a 200-day simple moving average of $33.75. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.09 and a current ratio of 2.01. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 1.42 and a beta of 1.26.

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.