Alamo Group Inc (ALG)

Sep 25, 2026

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.

Sep 20, 2026

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.

Sep 14, 2026

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.