Douglas Dynamics (NYSE:PLOW) Stock Price Down 9.9% – Here’s Why

Shares of Douglas Dynamics, Inc. (NYSE:PLOW) dropped 9.9% during trading on Wednesday . The stock traded as low as $46.17 and last traded at $45.7180. Approximately 178,807 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 234,980 shares. The stock had previously closed at $50.74.

Analyst Ratings Changes

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

Douglas Dynamics Trading Up 0.1%

The firm’s 50-day moving average price is $44.18 and its 200-day moving average price is $38.02. The company has a quick ratio of 1.17, a current ratio of 2.65 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.05 billion, a P/E ratio of 20.40, a price-to-earnings-growth ratio of 1.07 and a beta of 1.24.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The company had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, equities research analysts expect that Douglas Dynamics, Inc. will post 2.34 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th were given a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, March 17th. Douglas Dynamics’s dividend payout ratio (DPR) is 53.15%.

Insider Activity at Douglas Dynamics

In related news, insider Jon J. Sisulak sold 977 shares of the company’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 transaction of $41,629.97. Following the sale, the insider owned 14,232 shares of the company’s stock, valued at approximately $606,425.52. This represents a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Christopher E. Bernauer sold 869 shares of the 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 $37,028.09. Following the completion of the sale, the insider owned 9,243 shares in the company, valued at $393,844.23. This represents a 8.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.54% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Douglas Dynamics

Large investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC raised its holdings in shares of Douglas Dynamics by 229.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 839 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in Douglas Dynamics in the third quarter worth $39,000. EverSource Wealth Advisors LLC lifted its stake in 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 purchasing an additional 583 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Douglas Dynamics by 136.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after purchasing an additional 1,303 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Douglas Dynamics in the third quarter worth approximately $69,000. Institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Company Profile

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.