Douglas Dynamics, Inc. (PLOW) To Go Ex-Dividend on September 15th

Douglas Dynamics, Inc. (NYSE:PLOW) announced a quarterly dividend on Friday, September 4th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.295 per share by the auto parts company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

Douglas Dynamics has raised its dividend by an average of 0.0%per year over the last three years. Douglas Dynamics has a payout ratio of 51.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Douglas Dynamics to earn $2.96 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 39.9%.

Douglas Dynamics Trading Up 2.1%

PLOW stock opened at $42.16 on Friday. Douglas Dynamics has a 52 week low of $28.52 and a 52 week high of $55.00. The company has a market cap of $972.93 million, a price-to-earnings ratio of 19.16, a PEG ratio of 0.92 and a beta of 1.19. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $44.17 and a 200-day simple moving average of $44.62.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.08 by $0.14. The company had revenue of $214.65 million during the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. On average, equities research analysts expect that Douglas Dynamics will post 2.86 EPS for the current year.

Institutional Trading of Douglas Dynamics

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Globeflex Capital L P purchased a new stake in Douglas Dynamics during the 2nd quarter worth approximately $4,672,000. Ranger Investment Management L.P. bought a new stake in shares of Douglas Dynamics in the second quarter worth $5,914,000. Icon Advisers Inc. Co. acquired a new stake in Douglas Dynamics in the first quarter valued at $8,717,000. Arrowstreet Capital Limited Partnership raised its holdings in Douglas Dynamics by 128.6% in the first quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock valued at $22,673,000 after acquiring an additional 303,077 shares in the last quarter. Finally, Systematic Financial Management LP boosted its stake in Douglas Dynamics by 7.8% during the 4th quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company’s stock valued at $10,906,000 after acquiring an additional 24,055 shares during the last quarter. 91.85% of the stock is owned by hedge funds and other institutional investors.

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.