Sidoti Csr Forecasts Alamo Group’s Q2 Earnings (NYSE:ALG)

Alamo Group, Inc. (NYSE:ALG) – Investment analysts at Sidoti Csr reduced their Q2 2026 earnings estimates for shares of Alamo Group in a note issued to investors on Monday, November 10th. Sidoti Csr analyst G. Burns now forecasts that the industrial products company will earn $2.97 per share for the quarter, down from their prior forecast of $3.21. The consensus estimate for Alamo Group’s current full-year earnings is $9.53 per share. Sidoti Csr also issued estimates for Alamo Group’s Q3 2026 earnings at $2.83 EPS, Q1 2027 earnings at $2.85 EPS, Q2 2027 earnings at $3.44 EPS, Q3 2027 earnings at $3.21 EPS and FY2027 earnings at $12.46 EPS.

Alamo Group (NYSE:ALG) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.27). The company had revenue of $420.04 million for the quarter, compared to analyst estimates of $407.55 million. Alamo Group had a net margin of 7.41% and a return on equity of 11.45%.

Other equities research analysts have also issued reports about the company. Robert W. Baird raised Alamo Group from a “neutral” rating to an “outperform” rating and increased their price target for the company from $209.00 to $260.00 in a research report on Monday, August 4th. Weiss Ratings downgraded shares of Alamo Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Baird R W upgraded shares of Alamo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, August 4th. Wall Street Zen downgraded shares of Alamo Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, DA Davidson dropped their target price on shares of Alamo Group from $225.00 to $190.00 and set a “neutral” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $222.33.

Alamo Group Stock Down 1.1%

ALG stock opened at $165.51 on Wednesday. The firm has a market capitalization of $2.00 billion, a PE ratio of 16.85, a P/E/G ratio of 0.94 and a beta of 1.13. The company has a quick ratio of 2.76, a current ratio of 4.56 and a debt-to-equity ratio of 0.18. Alamo Group has a twelve month low of $157.07 and a twelve month high of $233.29. The stock’s 50 day moving average is $188.10 and its 200-day moving average is $202.58.

Alamo Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 28th. Stockholders of record on Wednesday, October 15th were paid a dividend of $0.30 per share. The ex-dividend date was Wednesday, October 15th. This represents a $1.20 annualized dividend and a dividend yield of 0.7%. Alamo Group’s dividend payout ratio (DPR) is presently 12.45%.

Insider Activity at Alamo Group

In related news, CEO Jeffery Allen Leonard sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $222.19, for a total value of $555,475.00. Following the transaction, the chief executive officer owned 38,413 shares in the company, valued at approximately $8,534,984.47. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Alamo Group during the 1st quarter valued at $8,361,000. State of Alaska Department of Revenue increased its position in shares of Alamo Group by 7.7% during the second quarter. State of Alaska Department of Revenue now owns 6,188 shares of the industrial products company’s stock valued at $1,350,000 after buying an additional 441 shares during the period. Pacer Advisors Inc. bought a new stake in shares of Alamo Group during the first quarter valued at about $12,920,000. Jump Financial LLC lifted its holdings in shares of Alamo Group by 44.5% in the first quarter. Jump Financial LLC now owns 8,419 shares of the industrial products company’s stock worth $1,500,000 after buying an additional 2,592 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in shares of Alamo Group by 30.0% in the first quarter. Nisa Investment Advisors LLC now owns 264 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 61 shares during the period. Institutional investors own 92.36% of the company’s stock.

Alamo Group Company Profile

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.