Douglas Dynamics (NYSE:PLOW) Downgraded to Buy Rating by Wall Street Zen

Douglas Dynamics (NYSE:PLOW) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities analysts have also issued research reports about the company. Loop Capital set a $48.00 target price on Douglas Dynamics in a research note on Tuesday, March 3rd. Robert W. Baird set a $56.00 price objective on Douglas Dynamics in a report on Wednesday, May 6th. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Finally, DA Davidson increased their price target on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat.com, Douglas Dynamics presently has a consensus rating of “Strong Buy” and a consensus target price of $54.67.

Douglas Dynamics Trading Down 0.1%

Shares of PLOW opened at $44.54 on Friday. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48. Douglas Dynamics has a 12-month low of $27.03 and a 12-month high of $52.33. The firm has a market capitalization of $1.03 billion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24. The stock’s fifty day simple moving average is $44.40 and its 200-day simple moving average is $39.48.

Douglas Dynamics (NYSE:PLOW) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The business had revenue of $137.80 million for the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, research analysts predict that Douglas Dynamics will post 2.69 earnings per share for the current year.

Insiders Place Their Bets

In other Douglas Dynamics news, insider Christopher E. Bernauer sold 869 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $37,028.09. Following the transaction, the insider directly owned 9,243 shares of the company’s stock, valued at $393,844.23. This represents a 8.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jon J. Sisulak sold 977 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.61, for a total value 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. This represents a 6.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.54% of the company’s stock.

Hedge Funds Weigh In On Douglas Dynamics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Glenmede Trust Co. NA acquired a new position in Douglas Dynamics in the 1st quarter valued at $208,000. Bank of America Corp DE raised its holdings in shares of Douglas Dynamics by 6.5% during the 1st quarter. Bank of America Corp DE now owns 289,552 shares of the auto parts company’s stock worth $12,187,000 after buying an additional 17,717 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of Douglas Dynamics by 43.1% during the 1st quarter. Janus Henderson Group PLC now owns 113,791 shares of the auto parts company’s stock worth $4,790,000 after buying an additional 34,297 shares in the last quarter. Empowered Funds LLC bought a new stake in Douglas Dynamics during the 1st quarter worth $220,000. Finally, Quantinno Capital Management LP grew its position in Douglas Dynamics by 79.6% during the 1st quarter. Quantinno Capital Management LP now owns 41,148 shares of the auto parts company’s stock worth $1,732,000 after acquiring an additional 18,235 shares during the last quarter. 91.85% of the stock is owned by institutional investors and hedge funds.

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.