Investment Analysts’ Weekly Ratings Changes for Alamo Group (ALG)

Alamo Group (NYSE: ALG) recently received a number of ratings updates from brokerages and research firms:

• 3/5/2025 – Alamo Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/3/2025 – Alamo Group was given a new $217.00 price target on by analysts at Industrial Alliance Securities.
• 3/3/2025 – Alamo Group had its price target lowered by analysts at DA Davidson from $219.00 to $217.00. They now have a “buy” rating on the stock.
• 2/28/2025 – Alamo Group was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $177.00 price target on the stock, down previously from $224.00.
• 2/28/2025 – Alamo Group was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating.
• 2/25/2025 – Alamo Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/11/2025 – Alamo Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/30/2025 – Alamo Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/22/2025 – Alamo Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Alamo Group Trading Down 1.4 %

Shares of Alamo Group stock opened at $183.11 on Thursday. The firm has a 50-day simple moving average of $182.98 and a two-hundred day simple moving average of $184.22. The company has a market cap of $2.21 billion, a P/E ratio of 18.44 and a beta of 1.10. Alamo Group Inc. has a fifty-two week low of $163.74 and a fifty-two week high of $228.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.39 and a current ratio of 4.15.

Alamo Group (NYSE:ALG) last issued its quarterly earnings data on Thursday, February 27th. The industrial products company reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.23 by $0.16. The business had revenue of $385.32 million during the quarter, compared to the consensus estimate of $396.85 million. Alamo Group had a net margin of 7.19% and a return on equity of 12.41%. As a group, equities analysts predict that Alamo Group Inc. will post 9.53 earnings per share for the current fiscal year.

Alamo Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Thursday, January 16th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.66%. The ex-dividend date of this dividend was Thursday, January 16th. This is an increase from Alamo Group’s previous quarterly dividend of $0.26. Alamo Group’s dividend payout ratio is 12.46%.

Insider Buying and Selling

In related news, VP Janet S. Pollock sold 257 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $193.41, for a total transaction of $49,706.37. Following the completion of the transaction, the vice president now owns 3,360 shares in the company, valued at $649,857.60. This represents a 7.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ALG. Smartleaf Asset Management LLC raised its position in shares of Alamo Group by 442.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 206 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 168 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in Alamo Group during the 4th quarter valued at about $79,000. KBC Group NV grew its stake in Alamo Group by 57.1% during the 4th quarter. KBC Group NV now owns 520 shares of the industrial products company’s stock valued at $97,000 after acquiring an additional 189 shares in the last quarter. Huntington National Bank grew its stake in Alamo Group by 10.4% during the 3rd quarter. Huntington National Bank now owns 669 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 63 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. grew its stake in Alamo Group by 192.1% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 812 shares of the industrial products company’s stock valued at $146,000 after acquiring an additional 534 shares in the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

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.