Alamo Group, Inc. (NYSE:ALG – Get Free Report) has been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $188.00.
Separately, Weiss Ratings downgraded Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd.
Check Out Our Latest Stock Report on ALG
Insider Activity at Alamo Group
In other Alamo Group news, EVP Edward Rizzuti sold 2,715 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $164.41, for a total transaction of $446,373.15. Following the transaction, the executive vice president directly owned 8,142 shares in the company, valued at $1,338,626.22. This represents a 25.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.06% of the stock is owned by company insiders.
Hedge Funds Weigh In On Alamo Group
A number of hedge funds and other institutional investors have recently bought and sold shares of ALG. NewEdge Advisors LLC purchased a new stake in shares of Alamo Group during the second quarter valued at approximately $25,000. Integrated Wealth Concepts LLC acquired a new position in Alamo Group in the 2nd quarter worth $25,000. GAMMA Investing LLC lifted its holdings in shares of Alamo Group by 183.3% during the third quarter. GAMMA Investing LLC now owns 170 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 110 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Alamo Group in the second quarter valued at about $35,000. Finally, Signaturefd LLC lifted its holdings in Alamo Group by 181.8% during the 3rd quarter. Signaturefd LLC now owns 341 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 220 shares during the last quarter. 92.36% of the stock is owned by institutional investors.
Alamo Group Stock Performance
Shares of ALG opened at $133.81 on Friday. Alamo Group has a one year low of $133.32 and a one year high of $219.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.48 and a current ratio of 4.39. The stock has a 50-day moving average of $157.49 and a two-hundred day moving average of $167.86. The stock has a market cap of $1.63 billion, a P/E ratio of 16.71, a P/E/G ratio of 0.91 and a beta of 1.08.
Alamo Group (NYSE:ALG – Get Free Report) last issued 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). The company had revenue of $403.14 million for the quarter, compared to analyst estimates of $437.11 million. Alamo Group had a return on equity of 9.47% and a net margin of 4.72%. As a group, research analysts predict that Alamo Group will post 9.90 EPS for the current year.
Alamo Group Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Shareholders of record on Thursday, October 15th were issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, October 15th. Alamo Group’s dividend payout ratio (DPR) is 21.22%.
More Alamo Group News
Here are the key news stories impacting Alamo Group this week:
- Negative Sentiment: Sidoti cut its FY2026 EPS estimate to $9.58 from $10.44 and its FY2027 estimate to $10.53 from $11.93, indicating a weaker earnings outlook. Alamo Group analyst estimate reports
- Negative Sentiment: The firm also reduced estimates for multiple quarters: Q4 2026 to $2.14 from $2.43; Q1 2027 to $2.46 from $2.71; Q2 2027 to $2.92 from $3.31; Q3 2027 to $2.65 from $3.11; and Q4 2027 to $2.50 from $2.80. The repeated downgrades suggest softer expected earnings momentum.
- Neutral Sentiment: Sidoti’s FY2028 EPS estimate is $11.19, above the stated current-year consensus of $10.52, pointing to potential longer-term earnings growth, though it does not offset the nearer-term estimate reductions.
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.
Featured Articles
- Five stocks we like better than Alamo Group
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Alamo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamo Group and related companies with MarketBeat.com's FREE daily email newsletter.
