Alamo Group, Inc. (NYSE:ALG) Stock Has Average Price Target of $188.00 According to Brokerages

Posted by Brian Himes on Oct 11th, 2026

Shares of Alamo Group, Inc. (NYSE:ALG – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $188.00.

Several research analysts recently commented on ALG shares. Weiss Ratings lowered shares of Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 2nd. DA Davidson reiterated a “neutral” rating and set a $188.00 price objective on shares of Alamo Group in a research note on Wednesday, July 1st.

View Our Latest Analysis on ALG

Insiders Place Their Bets

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 sale, the executive vice president directly owned 5,605 shares in the company, valued at approximately $979,081.40. This represents a 31.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.06% of the company’s stock.

Institutional Investors Weigh In On Alamo Group

A number of large investors have recently added to or reduced their stakes in ALG. PNC Financial Services Group Inc. increased its position in shares of Alamo Group by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,633 shares of the industrial products company’s stock valued at $269,000 after purchasing an additional 101 shares during the last quarter. GAMMA Investing LLC grew its holdings in Alamo Group by 183.3% in the 3rd quarter. GAMMA Investing LLC now owns 170 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 110 shares during the last quarter. NewEdge Advisors LLC bought a new stake in Alamo Group in the 2nd quarter worth $25,000. Integrated Wealth Concepts LLC purchased a new position in shares of Alamo Group in the second quarter valued at about $25,000. Finally, Global Retirement Partners LLC purchased a new position in Alamo Group during the 2nd quarter valued at about $35,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Alamo Group Stock Performance

Shares of ALG stock opened at $152.63 on Tuesday. 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 firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 0.91 and a beta of 1.08. Alamo Group has a one year low of $145.76 and a one year high of $219.88. The company has a 50 day moving average price of $164.64 and a 200 day moving average price of $163.22.

Alamo Group (NYSE:ALG – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The industrial products company reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.08. The company had revenue of $450.73 million for the quarter, compared to the consensus estimate of $437.48 million. Alamo Group had a return on equity of 9.83% and a net margin of 6.08%. Sell-side analysts anticipate that Alamo Group will post 10.52 EPS for the current year.

Alamo Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Thursday, October 15th will be issued a dividend of $0.34 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.36 annualized dividend and a dividend yield of 0.9%. Alamo Group’s payout ratio is presently 16.31%.

About Alamo Group

(Get Free Report)

Alamo Group Inc (NYSE: ALG) is an industrial equipment manufacturer that designs, produces and services equipment used in vegetation management, infrastructure maintenance and agricultural applications. The company serves municipalities, government agencies, contractors, utility companies, agricultural operators and other commercial customers.

Its product portfolio includes mowing and brush-cutting equipment, roadside and right-of-way maintenance machinery, tree-care equipment, excavators, street sweepers, snow-removal equipment and agricultural implements.