Douglas Dynamics (NYSE:PLOW) Upgraded at Freedom Capital

Douglas Dynamics (NYSE:PLOW) was upgraded by equities researchers at Freedom Capital from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other analysts also recently weighed in on the company. Loop Capital set a $48.00 target price on Douglas Dynamics in a research note on Tuesday, March 3rd. Zacks Research downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Weiss Ratings downgraded Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. DA Davidson increased their target price on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird set a $56.00 target price on Douglas Dynamics in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Douglas Dynamics currently has an average rating of “Moderate Buy” and an average target price of $54.67.

Douglas Dynamics Stock Performance

PLOW opened at $45.70 on Monday. The company has a market cap of $1.06 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 0.94 and a beta of 1.24. The stock has a 50-day moving average of $44.14 and a 200-day moving average of $38.22. Douglas Dynamics has a 52-week low of $26.75 and a 52-week high of $52.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65.

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

Insider Buying and Selling at Douglas Dynamics

In other Douglas Dynamics news, insider Christopher E. Bernauer sold 869 shares of Douglas Dynamics stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $37,028.09. Following the transaction, the insider directly owned 9,243 shares in the company, valued at approximately $393,844.23. The trade was a 8.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jon J. Sisulak sold 977 shares of Douglas Dynamics stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $41,629.97. Following the transaction, the insider 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. 1.54% of the stock is owned by company insiders.

Institutional Trading of Douglas Dynamics

Hedge funds and other institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC increased its position in Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after buying an additional 839 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Douglas Dynamics during the third quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Douglas Dynamics by 85.4% during the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock worth $40,000 after acquiring an additional 583 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Douglas Dynamics by 136.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after acquiring an additional 1,303 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Douglas Dynamics during the third quarter worth approximately $69,000. Institutional investors and hedge funds 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.