Jon Sisulak Sells 977 Shares of Douglas Dynamics (NYSE:PLOW) Stock

Douglas Dynamics, Inc. (NYSE:PLOW) insider Jon Sisulak sold 977 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the transaction, the insider directly owned 14,232 shares in the company, valued at approximately $606,425.52. The trade was a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Douglas Dynamics Stock Performance

PLOW stock traded down $0.90 during midday trading on Friday, reaching $41.04. 11,147 shares of the company’s stock traded hands, compared to its average volume of 227,570. The company has a current ratio of 2.78, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. Douglas Dynamics, Inc. has a 52-week low of $21.30 and a 52-week high of $47.16. The stock has a market cap of $947.13 million, a P/E ratio of 20.90, a PEG ratio of 1.23 and a beta of 1.20. The stock’s 50-day moving average is $40.03 and its 200 day moving average is $34.78.

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

Douglas Dynamics Dividend Announcement

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 given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, March 17th. Douglas Dynamics’s dividend payout ratio is presently 59.90%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PLOW. Wall Street Zen upgraded shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. Robert W. Baird set a $50.00 target price on shares of Douglas Dynamics in a report on Wednesday, February 25th. DA Davidson reiterated a “buy” rating and issued a $48.00 price target on shares of Douglas Dynamics in a research note on Wednesday, February 25th. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 27th. Finally, Loop Capital set a $48.00 price objective on Douglas Dynamics in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $48.67.

Hedge Funds Weigh In On Douglas Dynamics

Institutional investors have recently bought and sold shares of the stock. Nuveen LLC lifted its stake in Douglas Dynamics by 485.3% in the 4th quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock worth $11,425,000 after purchasing an additional 290,144 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Douglas Dynamics during the second quarter valued at about $4,651,000. Prudential Financial Inc. purchased a new position in shares of Douglas Dynamics during the second quarter valued at about $3,532,000. American Century Companies Inc. increased its holdings in shares of Douglas Dynamics by 223.0% in the second quarter. American Century Companies Inc. now owns 170,598 shares of the auto parts company’s stock worth $5,028,000 after purchasing an additional 117,782 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Douglas Dynamics by 112.4% in the second quarter. Russell Investments Group Ltd. now owns 220,709 shares of the auto parts company’s stock worth $6,504,000 after buying an additional 116,778 shares in the last quarter. 91.85% of the stock is owned by hedge funds and other 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.