Douglas Dynamics, Inc. (NYSE:PLOW – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.16 and traded as high as $42.47. Douglas Dynamics shares last traded at $41.3050, with a volume of 299,088 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Wall Street Zen raised shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Zacks Research upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Freedom Capital cut shares of Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Loop Capital set a $48.00 price objective on Douglas Dynamics in a report on Tuesday, March 3rd. Finally, Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $48.67.
Read Our Latest Report on Douglas Dynamics
Douglas Dynamics Price Performance
Douglas Dynamics (NYSE:PLOW – Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The auto parts company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.06. The business had revenue of $184.54 million for the quarter, compared to analysts’ expectations of $169.95 million. Douglas Dynamics had a net margin of 7.15% and a return on equity of 17.83%. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. As a group, research analysts expect that Douglas Dynamics, Inc. will post 1.3 EPS for the current fiscal year.
Douglas Dynamics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th will be issued a $0.295 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $1.18 annualized dividend and a yield of 2.9%. Douglas Dynamics’s dividend payout ratio is presently 59.90%.
Insider Buying and Selling
In related news, insider Christopher E. Bernauer sold 869 shares of Douglas Dynamics stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $37,028.09. Following the completion of the sale, the insider owned 9,243 shares of the company’s stock, valued at approximately $393,844.23. This trade represents a 8.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jon J. Sisulak sold 977 shares of Douglas Dynamics stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the sale, the insider directly owned 14,232 shares of the company’s stock, valued at approximately $606,425.52. The trade was a 6.42% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.04% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in shares of 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 valued at $2,045,000 after buying an additional 19,447 shares during the last quarter. AQR Capital Management LLC lifted its position in Douglas Dynamics by 10.2% in 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 acquiring an additional 10,535 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Douglas Dynamics by 4.2% in 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 acquiring an additional 546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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, Geode Capital Management LLC boosted its stake in Douglas Dynamics by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 539,933 shares of the auto parts company’s stock valued at $15,915,000 after purchasing an additional 2,572 shares during the last quarter. 91.85% of the stock is owned by institutional investors.
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.
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