Edgestream Partners L.P. Invests $840,000 in Alamo Group, Inc. $ALG

Edgestream Partners L.P. bought a new stake in Alamo Group, Inc. (NYSE:ALG) in the 1st quarter, Holdings Channel reports. The fund bought 5,089 shares of the industrial products company’s stock, valued at approximately $840,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Alamo Group by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 798,234 shares of the industrial products company’s stock valued at $134,000,000 after buying an additional 12,499 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Alamo Group by 5.5% during the first quarter. Dimensional Fund Advisors LP now owns 527,399 shares of the industrial products company’s stock worth $87,006,000 after acquiring an additional 27,597 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Alamo Group by 5.4% in the first quarter. First Trust Advisors LP now owns 469,289 shares of the industrial products company’s stock worth $77,419,000 after acquiring an additional 24,184 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Alamo Group by 7.4% in the fourth quarter. Victory Capital Management Inc. now owns 462,758 shares of the industrial products company’s stock valued at $77,683,000 after purchasing an additional 31,860 shares during the last quarter. Finally, State Street Corp grew its stake in Alamo Group by 1.3% during the 4th quarter. State Street Corp now owns 409,570 shares of the industrial products company’s stock valued at $68,755,000 after purchasing an additional 5,153 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.

Alamo Group Trading Up 3.4%

Alamo Group stock opened at $169.44 on Wednesday. The firm’s 50-day moving average is $160.22 and its 200-day moving average is $172.71. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.45 and a current ratio of 4.32. Alamo Group, Inc. has a 1 year low of $145.76 and a 1 year high of $233.29. The company has a market cap of $2.06 billion, a P/E ratio of 20.27, a PEG ratio of 0.96 and a beta of 1.10.

Alamo Group (NYSE:ALG) last announced its quarterly earnings data on Monday, August 3rd. The industrial products company reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $0.08. The business had revenue of $450.73 million during the quarter, compared to the consensus estimate of $437.48 million. Alamo Group had a net margin of 6.08% and a return on equity of 9.90%. On average, equities analysts expect that Alamo Group, Inc. will post 10.65 earnings per share for the current year.

Alamo Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Thursday, July 16th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, July 16th. Alamo Group’s payout ratio is presently 16.27%.

More Alamo Group News

Here are the key news stories impacting Alamo Group this week:

• Positive Sentiment: Alamo reported adjusted earnings of $2.82 per share, exceeding the $2.74 analyst consensus and rising 7.2% year over year. Revenue increased 7.6% to $450.7 million, also ahead of the $437.5 million estimate. Alamo Group Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: The Industrial Equipment Division was the main growth driver, with sales rising 12.8% to $271.6 million. Adjusted EBITDA increased 8.7% to $63.9 million, or 14.2% of sales, supporting the view that the company is converting higher demand into improved profitability. Alamo Group Announces Second-Quarter 2026 Results
• Positive Sentiment: Industry commentary points to continued long-term demand for agricultural machinery as equipment is needed to support a growing global population. Alamo is included among farm-equipment stocks positioned to benefit from that trend. Farm Equipment Industry Outlook
• Neutral Sentiment: Management’s earnings call provides additional context on demand, margins and business conditions following the quarterly release. The company also renewed its credit facility on improved terms, preserving $602.5 million in committed capacity, while returning $19 million to shareholders during the first half. Alamo Group Q2 2026 Earnings Call Transcript
• Negative Sentiment: GAAP net income fell slightly to $30.9 million from $31.1 million a year earlier, while fully diluted GAAP EPS declined to $2.55 from $2.57. Vegetation Management Division sales were nearly unchanged, increasing only 0.4% to $179.1 million.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ALG shares. Weiss Ratings downgraded Alamo Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Zacks Research raised shares of Alamo Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 5th. Finally, DA Davidson restated a “neutral” rating and issued a $188.00 price target on shares of Alamo Group in a research note on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Alamo Group presently has a consensus rating of “Moderate Buy” and an average price target of $188.00.

Alamo Group Profile

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.