Sidoti Csr Weighs in on Alamo Group’s Q2 Earnings (NYSE:ALG)

Alamo Group, Inc. (NYSE:ALGFree Report) – Sidoti Csr dropped their Q2 2026 earnings estimates for Alamo Group in a research report issued to clients and investors on Monday, November 10th. Sidoti Csr analyst G. Burns now expects that the industrial products company will post earnings of $2.97 per share for the quarter, down from their prior estimate of $3.21. The consensus estimate for Alamo Group’s current full-year earnings is $9.53 per share. Sidoti Csr also issued estimates for Alamo Group’s Q3 2026 earnings at $2.83 EPS, Q1 2027 earnings at $2.85 EPS, Q2 2027 earnings at $3.44 EPS, Q3 2027 earnings at $3.21 EPS and FY2027 earnings at $12.46 EPS.

Other equities analysts have also issued reports about the stock. Weiss Ratings lowered shares of Alamo Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. DA Davidson reduced their price target on shares of Alamo Group from $225.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday. Robert W. Baird raised shares of Alamo Group from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $209.00 to $260.00 in a research note on Monday, August 4th. Baird R W upgraded Alamo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 4th. Finally, Wall Street Zen downgraded Alamo Group from a “buy” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $222.33.

View Our Latest Stock Report on Alamo Group

Alamo Group Stock Performance

ALG opened at $164.17 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.76 and a current ratio of 4.56. Alamo Group has a 52-week low of $157.07 and a 52-week high of $233.29. The firm has a market cap of $1.99 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 0.94 and a beta of 1.13. The business’s fifty day moving average is $189.81 and its 200-day moving average is $203.09.

Alamo Group (NYSE:ALGGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The industrial products company reported $2.34 EPS for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.27). The company had revenue of $420.04 million for the quarter, compared to the consensus estimate of $407.55 million. Alamo Group had a return on equity of 11.45% and a net margin of 7.41%.

Alamo Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 28th. Stockholders of record on Wednesday, October 15th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, October 15th. Alamo Group’s payout ratio is 12.45%.

Insider Buying and Selling at Alamo Group

In related news, CEO Jeffery Allen Leonard sold 2,500 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $222.19, for a total value of $555,475.00. Following the completion of the sale, the chief executive officer directly owned 38,413 shares in the company, valued at $8,534,984.47. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.18% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Alamo Group

Several institutional investors and hedge funds have recently made changes to their positions in ALG. Nuveen LLC acquired a new stake in Alamo Group during the 1st quarter valued at approximately $8,361,000. State of Alaska Department of Revenue lifted its position in shares of Alamo Group by 7.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,188 shares of the industrial products company’s stock worth $1,350,000 after purchasing an additional 441 shares during the period. Pacer Advisors Inc. bought a new stake in shares of Alamo Group in the 1st quarter valued at $12,920,000. Jump Financial LLC increased its position in shares of Alamo Group by 44.5% during the first quarter. Jump Financial LLC now owns 8,419 shares of the industrial products company’s stock worth $1,500,000 after buying an additional 2,592 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Alamo Group by 4.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 146,724 shares of the industrial products company’s stock worth $26,148,000 after buying an additional 5,679 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Alamo Group Company Profile

(Get Free Report)

Alamo Group Inc designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. It operates through two segments, Vegetation Management and Industrial Equipment. Its Vegetation Management Division segment offers hydraulically-powered and tractor – and off-road chassis mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts.

See Also

Earnings History and Estimates for Alamo Group (NYSE:ALG)

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