Robert W. Baird Cuts Douglas Dynamics (NYSE:PLOW) Price Target to $50.00

Douglas Dynamics (NYSE:PLOW) had its price objective lowered by Robert W. Baird from $56.00 to $50.00 in a research report report published on Tuesday,Benzinga reports. The brokerage currently has a neutral rating on the auto parts company’s stock.

Other analysts have also issued reports about the company. Wall Street Zen lowered Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. DA Davidson increased their price target on Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings cut Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Zacks Research downgraded Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $51.67.

Douglas Dynamics Trading Down 1.8%

PLOW opened at $44.83 on Tuesday. Douglas Dynamics has a 1-year low of $28.52 and a 1-year high of $55.00. The company has a current ratio of 2.16, a quick ratio of 0.77 and a debt-to-equity ratio of 0.44. The company has a market cap of $1.03 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.09 and a beta of 1.20. The company has a fifty day moving average price of $46.52 and a two-hundred day moving average price of $44.20.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.14. The firm had revenue of $214.65 million for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Analysts predict that Douglas Dynamics will post 2.62 EPS for the current fiscal year.

Douglas Dynamics Dividend Announcement

The firm 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 2.6%. The ex-dividend date was Tuesday, June 16th. Douglas Dynamics’s dividend payout ratio (DPR) is currently 53.64%.

Institutional Investors Weigh In On Douglas Dynamics

A number of institutional investors and hedge funds have recently made changes to their positions in PLOW. Kestra Private Wealth Services LLC increased its position in shares of Douglas Dynamics by 1.1% during the first quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock valued at $1,020,000 after acquiring an additional 272 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Douglas Dynamics by 18.1% in 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 grew its stake in 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 during the period. Comerica Bank increased its position in shares of Douglas Dynamics by 2.6% during the 4th quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock valued at $522,000 after purchasing an additional 407 shares during the last quarter. Finally, Aquatic Capital Management LLC raised its stake 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 worth $224,000 after purchasing an additional 449 shares during the period. Institutional investors and hedge funds 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.