Alamo Group (NYSE:ALG) Stock Moved Down to Strong Sell by Zacks Research

Zacks Research cut shares of Alamo Group (NYSE:ALG) from a hold rating to a strong sell rating in a research note released on Thursday,Zacks reports.

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

Alamo Group Price Performance

ALG traded down $2.73 during midday trading on Thursday, hitting $133.81. The company had a trading volume of 107,301 shares, compared to its average volume of 155,182. 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 company has a market capitalization of $1.63 billion, a PE ratio of 20.88, a P/E/G ratio of 0.91 and a beta of 1.08. Alamo Group has a twelve month low of $133.32 and a twelve month high of $219.88. The firm’s 50-day simple moving average is $157.49 and its 200-day simple moving average is $167.86.

Alamo Group (NYSE:ALG) last announced its earnings results on Monday, November 2nd. The industrial products company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.56). Alamo Group had a return on equity of 9.47% and a net margin of 4.72%. The company had revenue of $403.14 million for the quarter, compared to analyst estimates of $437.11 million. Equities research analysts predict that Alamo Group will post 9.90 EPS for the current fiscal year.

Alamo Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Stockholders 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 dividend yield of 1.0%. Alamo Group’s payout ratio is currently 21.22%.

Insider Buying and Selling at Alamo Group

In related news, EVP Edward Rizzuti sold 2,537 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $174.68, for a total transaction of $443,163.16. Following the completion of the sale, the executive vice president directly owned 5,605 shares of the company’s stock, valued at $979,081.40. The trade was a 31.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.06% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alamo Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp boosted its position in shares of Alamo Group by 51.4% in the 3rd quarter. Fifth Third Bancorp now owns 19,083 shares of the industrial products company’s stock worth $2,954,000 after purchasing an additional 6,482 shares during the last quarter. Maryland State Retirement & Pension System increased its holdings in Alamo Group by 50.2% in the third quarter. Maryland State Retirement & Pension System now owns 2,358 shares of the industrial products company’s stock valued at $365,000 after purchasing an additional 788 shares during the last quarter. Fulcrum Asset Management LLP bought a new stake in Alamo Group in the third quarter valued at about $58,000. Parallel Advisors LLC increased its holdings in Alamo Group by 378.9% in the third quarter. Parallel Advisors LLC now owns 728 shares of the industrial products company’s stock valued at $113,000 after purchasing an additional 576 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Alamo Group in the third quarter valued at about $1,162,000. 92.36% of the stock is owned by institutional investors.

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.

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.