Alamo Group, Inc. $ALG Shares Sold by North Star Investment Management Corp.

Posted by Stanley Muller on Jun 29th, 2026

North Star Investment Management Corp. reduced its holdings in Alamo Group, Inc. (NYSE:ALG – Free Report) by 23.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,550 shares of the industrial products company’s stock after selling 5,000 shares during the quarter. North Star Investment Management Corp. owned 0.14% of Alamo Group worth $2,730,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wasatch Advisors LP bought a new position in shares of Alamo Group in the second quarter valued at $51,427,000. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Alamo Group during the 4th quarter worth $39,213,000. Goldman Sachs Group Inc. grew its holdings in shares of Alamo Group by 239.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 157,291 shares of the industrial products company’s stock worth $26,404,000 after acquiring an additional 110,941 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Alamo Group by 72.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 230,180 shares of the industrial products company’s stock worth $38,641,000 after acquiring an additional 96,369 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Alamo Group during the fourth quarter worth $13,049,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Alamo Group Price Performance

Shares of NYSE:ALG opened at $168.81 on Monday. The company’s fifty day moving average is $158.85 and its two-hundred day moving average is $175.04. The company has a market cap of $2.05 billion, a P/E ratio of 20.19, a price-to-earnings-growth ratio of 0.99 and a beta of 1.11. Alamo Group, Inc. has a 12-month low of $145.76 and a 12-month high of $233.29. The company has a quick ratio of 2.45, a current ratio of 4.32 and a debt-to-equity ratio of 0.23.

Alamo Group (NYSE:ALG – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The industrial products company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.36. The business had revenue of $417.15 million for the quarter, compared to the consensus estimate of $398.02 million. Alamo Group had a return on equity of 9.71% and a net margin of 6.21%. Equities analysts expect that Alamo Group, Inc. will post 10.65 earnings per share for the current fiscal year.

Alamo Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 29th. Stockholders of record on Wednesday, April 15th were issued a $0.34 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.8%. Alamo Group’s dividend payout ratio is currently 16.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ALG. Weiss Ratings downgraded Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. William Blair started coverage on Alamo Group in a research note on Monday, March 16th. They issued an “outperform” rating on the stock. DA Davidson cut their price objective on Alamo Group from $190.00 to $188.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Finally, Zacks Research raised shares of Alamo Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $224.00.

Read Our Latest Analysis on Alamo Group

About Alamo Group

(Free Report)

Alamo Group, Inc engages in the design, manufacture and marketing of equipment for vegetation management, roadside maintenance, agricultural harvesting and industrial applications. The company offers a broad portfolio of products, including boom mowers, flail mowers, rotary cutters, snow removal equipment, slurry seal machines, railcar movers and tow tractors. These offerings are distributed under a variety of brand names and through a network of independent dealerships and distributors, meeting the needs of municipalities, highway departments, agricultural producers and industrial operators.

The company operates through two primary segments: Agricultural and Industrial.