Alamo Group (NYSE:ALG) Stock Gets Downgrade from Zacks Research

Alamo Group (NYSE:ALG) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Thursday, Zacks reports.

Separately, Weiss Ratings lowered Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Alamo Group presently has a consensus rating of “Hold” and an average target price of $188.00.

Alamo Group Trading Down 2.0%

ALG stock opened at $133.81 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.39 and a quick ratio of 2.48. Alamo Group has a 1-year low of $133.32 and a 1-year high of $219.88. The business has a 50 day simple moving average of $157.49 and a two-hundred day simple moving average of $167.86. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 0.91 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 return on equity of 9.47% and a net margin of 4.72%. The firm had revenue of $403.14 million for the quarter, compared to analyst estimates of $437.11 million. Research analysts anticipate that Alamo Group will post 9.90 EPS for the current fiscal year.

Insider Transactions at Alamo Group

In related news, EVP Edward Rizzuti sold 2,715 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $164.41, for a total value of $446,373.15. Following the sale, the executive vice president directly owned 8,142 shares in the company, valued at $1,338,626.22. This trade represents a 25.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.06% of the stock is owned by company insiders.

Institutional Trading of Alamo Group

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new position in Alamo Group in the second quarter valued at about $25,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Alamo Group during the 2nd quarter worth $25,000. GAMMA Investing LLC increased its stake in shares of Alamo Group by 183.3% in the third 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. Global Retirement Partners LLC bought a new stake in shares of Alamo Group in the second quarter worth $35,000. Finally, Signaturefd LLC raised its holdings in Alamo Group by 181.8% during the third quarter. Signaturefd LLC now owns 341 shares of the industrial products company’s stock worth $53,000 after buying an additional 220 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Alamo Group News Roundup

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.

Alamo Group Company Profile

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.