Alamo Group Stock Earnings Estimates Decreased by Sidoti

Alamo Group, Inc. (NYSE:ALG) – Sidoti lowered their Q4 2026 earnings per share estimates for shares of Alamo Group in a research report issued on Wednesday, November 4th. Sidoti analyst G. Burns now forecasts that the industrial products company will earn $2.14 per share for the quarter, down from their prior estimate 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.

Separately, Weiss Ratings downgraded shares of Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $188.00.

Alamo Group Stock Performance

Alamo Group stock opened at $144.20 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.19 and a quick ratio of 2.48. The stock has a fifty day moving average price of $158.66 and a two-hundred day moving average price of $168.42. Alamo Group has a 52-week low of $133.32 and a 52-week high of $219.88. The firm has a market capitalization of $1.75 billion, a P/E ratio of 16.25, a P/E/G ratio of 0.88 and a beta of 1.08.

Alamo Group (NYSE:ALG) last announced 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 company had revenue of $403.14 million during the quarter, compared to analyst estimates of $437.11 million.

Hedge Funds Weigh In On Alamo Group

A number of institutional investors have recently modified their holdings of the stock. Fulcrum Asset Management LLP bought a new stake in shares of Alamo Group during the third quarter valued at approximately $58,000. Parallel Advisors LLC raised its position in shares of Alamo Group by 378.9% during the third quarter. Parallel Advisors LLC now owns 728 shares of the industrial products company’s stock worth $113,000 after acquiring an additional 576 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Alamo Group during the third quarter worth $1,162,000. ProShare Advisors LLC lifted its stake in shares of Alamo Group by 37.7% during the third quarter. ProShare Advisors LLC now owns 61,541 shares of the industrial products company’s stock valued at $9,525,000 after acquiring an additional 16,857 shares during the period. Finally, Vise Technologies Inc. acquired a new position in shares of Alamo Group during the third quarter valued at $296,000. 92.36% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Alamo Group news, EVP Edward Rizzuti sold 2,537 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $174.68, for a total transaction of $443,163.16. Following the sale, the executive vice president owned 5,605 shares of the company’s stock, valued at $979,081.40. This represents a 31.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.06% of the stock is currently owned by corporate insiders.

Alamo Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Investors of record on Thursday, October 15th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, October 15th. This represents a $1.36 annualized dividend and a yield of 0.9%. Alamo Group’s dividend 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.