Alamo Group Inc. (ALG) is an American multinational corporation based in Seguin, Texas, and was founded in 1969. It is a leader in the design, manufacture, distribution, and service of high-quality equipment for infrastructure maintenance, agriculture and other applications. Alamo Group's products include truck and tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment and agricultural implements.
Alamo Group Inc. delivers its product offerings under various recognized brands like Alamo Industrial, Tiger, Schwarze, Gradall, VacAll, Nite-Hawk, Henke Manufacturing, Morbark, Bandit, and others. The organization operates under three segments: Industrial Division, Agricultural Division, and European Division. The Industrial Division offers equipment used in the maintenance and repair of roads, highways, and other sites. The Agricultural Division provides tools necessary for large-scale farming operations. The European Division focuses on the design and manufacture of mowing and excavation equipment for the European market.
Despite being headquartered in Texas, Alamo Group has operations across the globe, including Europe, Australia, and North and South America. This is a publicly-traded company listed on the New York Stock Exchange under the ticker symbol ALG.
Alamo Group also maintains a dedication to sustainable business practices, making careful decisions to minimize its environmental footprint, including using alternative energy sources where possible, reducing emissions, and recycling materials.
Moreover, Alamo Group invests heavily in research and development, constantly working to improve their existing product line and introduce new, innovative solutions. Their ability to adapt and respond to market trends and needs while maintaining a strong commitment to quality has earned them a strong reputation in their industry.
In addition to a robust product line, Alamo Group offers extensive after-sale support, providing their customers with access to a comprehensive range of parts and services. This combination of diverse, high-quality products, strong brand recognition, and excellent customer service has helped Alamo Group to build a significant international footprint and become a trusted partner to a variety of clients.
As of their long-term standing in the industry, Alamo Group's experience and expertise allow them to effectively meet the varied needs of their customers, making them a key player in the global machinery sector.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Bank of America Corp DE acquired 106,007 shares of Alamo Group, Inc. (NYSE:ALG) during the second quarter, valued at approximately $17.4 million, giving them a 0.87% stake in the company. Institutional investors collectively own 92.36% of Alamo Group. The company recently reported better-than-expected quarterly earnings and revenue, while analysts maintain a "Moderate Buy" rating with an average price target of $188.
Alamo Group (NYSE:ALG) shares have moved above their 200-day moving average, trading as high as $171.77. The company recently exceeded quarterly earnings expectations with an EPS of $2.82 and revenue of $450.73 million. Analysts maintain a "Moderate Buy" rating with a target price of $188, while institutional investors hold 92.36% of the company's stock.
Alamo Group Inc. has ceased production of its Boxer product line, anticipating Q3 charges between US$7.0 million and US$10.0 million, mostly non-cash. This strategic move aims to streamline its product portfolio, focusing on more profitable equipment categories. Despite the charges, analysts believe Alamo Group's core vegetation management and infrastructure businesses can drive earnings growth, with a projected 24% upside to its current price based on fair value estimates.
_07_03_2026_03_50_21_133108.jpg)
Alamo Group Director Nina C. Grooms transferred 2,844 shares of the company's common stock as a gift to the Lee-Grooms Family Trust on September 3, 2026. This transaction was reported to the SEC via a Form 4 on September 8, 2026. Following the transfer, Grooms directly holds 1,138 shares and indirectly holds 2,844 shares through the family trust.
Alamo Group (NYSE:ALG) EVP Edward Rizzuti sold 2,537 shares of company stock for $443,163.16, reducing his stake by 31.16%. This transaction follows a previous sale in August. The company recently reported strong quarterly earnings, exceeding analyst expectations, and maintains a "Moderate Buy" consensus rating from analysts with an average price target of $188.00.
The Public Employees Retirement System of Ohio has acquired a new stake of 9,752 shares, valued at approximately $1.6 million, in Alamo Group, Inc. This purchase adds to the significant holdings by institutional investors and hedge funds, which now own 92.36% of the company. Alamo Group recently reported strong quarterly earnings of $2.82 per share and revenue of $450.73 million, both exceeding analyst expectations.
Legal & General Group Plc has acquired 25,133 shares of Alamo Group, Inc. (NYSE:ALG) during the second quarter, valued at approximately $4.13 million, representing a 0.21% stake in the company. Alamo Group recently surpassed earnings expectations with an EPS of $2.82 and revenue of $450.73 million. The company maintains a "Moderate Buy" consensus rating from analysts with a $188 price target and pays a quarterly dividend of $0.34.