Douglas Dynamics (NYSE:PLOW – Get Free Report) updated its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 2.900-3.400 for the period, compared to the consensus estimate of 2.830. The company issued revenue guidance of $765.0 million-$805.0 million, compared to the consensus revenue estimate of $769.5 million.
Wall Street Analysts Forecast Growth
Several research analysts have commented on PLOW shares. Zacks Research downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. DA Davidson boosted their price objective on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Weiss Ratings lowered shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Finally, Robert W. Baird set a $56.00 target price on shares of Douglas Dynamics in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $54.67.
View Our Latest Report on Douglas Dynamics
Douglas Dynamics Price Performance
Douglas Dynamics (NYSE:PLOW – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. The business had revenue of $137.80 million during the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. As a group, sell-side analysts anticipate that Douglas Dynamics will post 2.62 EPS for the current year.
Douglas Dynamics Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were issued a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 16th. Douglas Dynamics’s payout ratio is currently 53.15%.
Institutional Investors Weigh In On Douglas Dynamics
Several hedge funds have recently added to or reduced their stakes in PLOW. PNC Financial Services Group Inc. lifted its stake in Douglas Dynamics by 18.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after purchasing an additional 400 shares during the last quarter. State of Wyoming increased 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 purchasing an additional 405 shares during the last quarter. Aquatic Capital Management LLC increased its position in shares of Douglas Dynamics by 6.7% during the 3rd 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 during the last quarter. Comerica Bank raised its holdings in shares of Douglas Dynamics by 3.2% during the 3rd quarter. Comerica Bank now owns 15,589 shares of the auto parts company’s stock valued at $487,000 after buying an additional 478 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Douglas Dynamics by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,538 shares of the auto parts company’s stock valued at $314,000 after buying an additional 546 shares in the last quarter. 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.
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