Douglas Dynamics (NYSE:PLOW) Downgraded to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Douglas Dynamics (NYSE:PLOW) from a hold rating to a strong sell rating in a report issued on Tuesday morning,Zacks.com reports.

Several other equities analysts also recently commented on PLOW. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Robert W. Baird dropped their price objective on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday. DA Davidson set a $57.00 target price on Douglas Dynamics in a research note on Tuesday. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, Weiss Ratings lowered shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Douglas Dynamics has a consensus rating of “Hold” and a consensus target price of $51.67.

Douglas Dynamics Stock Performance

Shares of PLOW stock opened at $45.62 on Tuesday. The firm has a 50 day moving average of $46.51 and a 200-day moving average of $44.14. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.20. The company has a quick ratio of 0.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. Douglas Dynamics has a 52 week low of $28.52 and a 52 week high of $55.00.

Douglas Dynamics (NYSE:PLOW) last released its earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. On average, equities analysts forecast that Douglas Dynamics will post 2.62 earnings per share for the current year.

Douglas Dynamics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Tuesday, June 16th. 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 53.15%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC boosted its stake in shares of Douglas Dynamics by 1.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock worth $1,020,000 after acquiring an additional 272 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Douglas Dynamics by 18.1% in the fourth 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 in the last quarter. State of Wyoming lifted its position in shares of 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 in the last quarter. Comerica Bank increased its holdings in Douglas Dynamics by 2.6% in the 4th 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 lifted its holdings in 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 valued at $224,000 after purchasing an additional 449 shares in the last quarter. 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.