
Alamo Group, Inc. (NYSE:ALG – Free Report) – Sidoti cut their Q4 2026 EPS estimates for Alamo Group in a research note issued to investors on Wednesday, November 4th. Sidoti analyst G. Burns now expects that the industrial products company will post earnings of $2.14 per share for the quarter, down from their previous forecast of $2.43. The consensus estimate for Alamo Group’s current full-year earnings is $10.52 per share. Sidoti also issued estimates for Alamo Group’s Q1 2027 earnings at $2.46 EPS, Q4 2027 earnings at $2.50 EPS, Q1 2028 earnings at $2.56 EPS, Q2 2028 earnings at $3.09 EPS, Q3 2028 earnings at $2.76 EPS and FY2028 earnings at $11.19 EPS.
Alamo Group (NYSE:ALG – Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The industrial products company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.62 by ($0.56). Alamo Group had a net margin of 4.72% and a return on equity of 9.43%. The business had revenue of $403.14 million during the quarter, compared to analyst estimates of $437.11 million.
Separately, Weiss Ratings cut shares of Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $188.00.
View Our Latest Analysis on ALG
Alamo Group Stock Performance
Shares of ALG stock opened at $144.20 on Thursday. The company has a market cap of $1.75 billion, a P/E ratio of 16.25, a PEG ratio of 0.88 and a beta of 1.08. The business has a 50 day moving average of $158.66 and a two-hundred day moving average of $168.42. Alamo Group has a 52 week low of $133.32 and a 52 week high of $219.88. The company has a quick ratio of 2.48, a current ratio of 4.19 and a debt-to-equity ratio of 0.19.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in ALG. Fulcrum Asset Management LLP acquired a new stake in Alamo Group in the third quarter valued at approximately $58,000. Parallel Advisors LLC boosted its stake in Alamo Group by 378.9% during the 3rd quarter. Parallel Advisors LLC now owns 728 shares of the industrial products company’s stock valued at $113,000 after purchasing an additional 576 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of Alamo Group in the third quarter valued at approximately $1,162,000. ProShare Advisors LLC grew its position in Alamo Group by 37.7% in the 3rd quarter. ProShare Advisors LLC now owns 61,541 shares of the industrial products company’s stock worth $9,525,000 after purchasing an additional 16,857 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in Alamo Group during the third quarter valued at about $296,000. 92.36% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Edward Rizzuti sold 2,537 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $174.68, for a total value of $443,163.16. Following the completion of the transaction, the executive vice president owned 5,605 shares in the company, valued at $979,081.40. This trade represents a 31.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.06% of the stock is owned by company insiders.
Alamo Group Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Thursday, October 15th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.9%. Alamo Group’s payout ratio is 21.22%.
About Alamo Group
Alamo Group Inc (NYSE: ALG) manufactures equipment used in the maintenance of infrastructure, vegetation, and agricultural land. Its products are primarily sold to municipalities, government agencies, contractors, utility companies, transportation departments, and agricultural customers.
The company’s product portfolio includes mowing and vegetation-management equipment, street sweepers, snow-removal equipment, vacuum trucks, excavators, agricultural implements, and other specialized machinery.
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