Douglas Dynamics (NYSE:PLOW) Price Target Raised to $60.00 at DA Davidson

Douglas Dynamics (NYSE:PLOWFree Report) had its price target lifted by DA Davidson from $55.00 to $60.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the auto parts company’s stock.

Several other research firms also recently weighed in on PLOW. Zacks Research downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Loop Capital set a $48.00 price target on Douglas Dynamics in a research note on Tuesday, March 3rd. Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 27th. Freedom Capital downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Robert W. Baird set a $56.00 price target on Douglas Dynamics in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $54.67.

Get Our Latest Analysis on Douglas Dynamics

Douglas Dynamics Trading Down 10.2%

Shares of NYSE:PLOW opened at $45.58 on Wednesday. The business’s 50-day moving average is $44.17 and its 200 day moving average is $37.91. Douglas Dynamics has a 1 year low of $25.46 and a 1 year high of $52.33. The firm has a market capitalization of $1.05 billion, a P/E ratio of 20.53, a P/E/G ratio of 1.36 and a beta of 1.24. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.78 and a quick ratio of 1.17.

Douglas Dynamics (NYSE:PLOWGet Free Report) last posted its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.24. The business had revenue of $137.80 million for the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics had a return on equity of 19.76% and a net margin of 7.83%.Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, research analysts predict that Douglas Dynamics will post 2.34 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were issued a $0.295 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.18 dividend on an annualized basis and a yield of 2.6%. Douglas Dynamics’s payout ratio is presently 53.15%.

Insider Buying and Selling

In other Douglas Dynamics news, insider Jon J. Sisulak sold 977 shares of the business’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 value of $41,629.97. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Christopher E. Bernauer sold 869 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 9,243 shares of the company’s stock, valued at $393,844.23. The trade was a 8.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PLOW. Nuveen LLC lifted its holdings in Douglas Dynamics by 485.3% in the fourth quarter. Nuveen LLC now owns 349,929 shares of the auto parts company’s stock valued at $11,425,000 after acquiring an additional 290,144 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in Douglas Dynamics during the second quarter worth approximately $4,651,000. Tudor Investment Corp ET AL purchased a new position in Douglas Dynamics during the third quarter worth approximately $3,617,000. Qube Research & Technologies Ltd purchased a new position in Douglas Dynamics during the third quarter worth approximately $3,244,000. Finally, Gumshoe Capital Management LLC purchased a new position in Douglas Dynamics during the fourth quarter worth approximately $2,547,000. 91.85% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Douglas Dynamics

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

Douglas Dynamics Company Profile

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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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