Douglas Dynamics (NYSE:PLOW) Sets New 52-Week High – Should You Buy?

Douglas Dynamics, Inc. (NYSE:PLOW) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $55.00 and last traded at $53.9350, with a volume of 214692 shares. The stock had previously closed at $54.20.

Analysts Set New Price Targets

PLOW has been the topic of a number of research analyst reports. Robert W. Baird set a $56.00 target price on shares of Douglas Dynamics in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. DA Davidson raised their price target on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $54.67.

Douglas Dynamics Trading Down 3.5%

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 capitalization of $1.17 billion, a P/E ratio of 22.71, a P/E/G ratio of 1.08 and a beta of 1.17. The business’s fifty day simple moving average is $46.73 and its two-hundred day simple moving average is $42.37.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, analysts forecast that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current year.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th were given a dividend of $0.295 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.3%. Douglas Dynamics’s payout ratio is currently 53.15%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its stake 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 in the last quarter. EverSource Wealth Advisors LLC raised its stake 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 buying an additional 583 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings 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 worth $67,000 after acquiring an additional 1,303 shares during the period. State of Wyoming lifted its holdings 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 worth $72,000 after acquiring an additional 405 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Douglas Dynamics by 18.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after acquiring an additional 400 shares in the last quarter. 91.85% of the stock is currently owned by institutional investors and hedge funds.

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.