Douglas Dynamics (NYSE:PLOW) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Douglas Dynamics (NYSE:PLOW) from a hold rating to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports.

PLOW has been the subject of several other research reports. Weiss Ratings cut shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Robert W. Baird set a $56.00 price target on shares of Douglas Dynamics in a research note on Wednesday, May 6th. Wall Street Zen upgraded shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Finally, DA Davidson increased their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Douglas Dynamics presently has a consensus rating of “Buy” and a consensus price target of $54.67.

Douglas Dynamics Trading Up 1.2%

Shares of Douglas Dynamics stock opened at $45.51 on Tuesday. The company has a fifty day simple moving average of $44.26 and a 200-day simple moving average of $39.35. Douglas Dynamics has a 12-month low of $27.03 and a 12-month high of $52.33. The company has a current ratio of 2.65, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 0.93 and a beta of 1.24.

Douglas Dynamics (NYSE:PLOW) last issued its 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 net margin of 7.83% and a return on equity of 19.72%. The business had revenue of $137.80 million during the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, equities analysts forecast that Douglas Dynamics will post 2.69 EPS for the current fiscal year.

Insiders Place Their Bets

In other Douglas Dynamics news, 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 transaction of $41,629.97. Following the completion of 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction of $37,028.09. Following the transaction, the insider owned 9,243 shares of the company’s stock, valued at approximately $393,844.23. The trade was a 8.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Douglas Dynamics

Large investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its position in Douglas Dynamics by 229.9% during the 3rd 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. EverSource Wealth Advisors LLC increased its holdings in shares of Douglas Dynamics by 85.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 583 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Douglas Dynamics by 136.6% in 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 in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $69,000. Finally, State of Wyoming increased its holdings in shares of Douglas Dynamics by 20.0% in 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 in the last quarter. Hedge funds and other 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.