Zacks Research Upgrades Alamo Group (NYSE:ALG) to “Hold”

Alamo Group (NYSE:ALG) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently commented on ALG. William Blair initiated coverage on Alamo Group in a research note on Monday, March 16th. They issued an “outperform” rating on the stock. DA Davidson restated a “neutral” rating and issued a $190.00 target price on shares of Alamo Group in a research note on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alamo Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Alamo Group currently has a consensus rating of “Moderate Buy” and an average target price of $225.00.

Alamo Group Stock Performance

Shares of NYSE ALG opened at $171.07 on Tuesday. The business’s 50-day moving average price is $175.04 and its two-hundred day moving average price is $179.11. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.32 and a quick ratio of 2.82. Alamo Group has a one year low of $156.29 and a one year high of $233.29. The company has a market capitalization of $2.08 billion, a P/E ratio of 20.46, a price-to-earnings-growth ratio of 1.01 and a beta of 1.17.

Alamo Group (NYSE:ALG) last issued its earnings results on Monday, May 4th. The industrial products company reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.36. Alamo Group had a return on equity of 9.71% and a net margin of 6.21%.The firm had revenue of $417.15 million for the quarter, compared to the consensus estimate of $398.02 million. Analysts anticipate that Alamo Group will post 10.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Alamo Group news, EVP Edward Rizzuti sold 600 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $170.93, for a total value of $102,558.00. Following the completion of the sale, the executive vice president owned 10,857 shares of the company’s stock, valued at $1,855,787.01. The trade was a 5.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert Paul Hureau purchased 460 shares of Alamo Group stock in a transaction on Monday, March 9th. The stock was bought at an average cost of $164.40 per share, with a total value of $75,624.00. Following the transaction, the chief executive officer directly owned 12,506 shares of the company’s stock, valued at approximately $2,055,986.40. The trade was a 3.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.06% of the company’s stock.

Hedge Funds Weigh In On Alamo Group

Several large investors have recently made changes to their positions in the business. Natixis Advisors LLC lifted its position in shares of Alamo Group by 0.4% during the 3rd quarter. Natixis Advisors LLC now owns 15,926 shares of the industrial products company’s stock worth $3,040,000 after purchasing an additional 61 shares during the last quarter. Hudson Edge Investment Partners Inc. lifted its position in shares of Alamo Group by 1.5% during the 3rd quarter. Hudson Edge Investment Partners Inc. now owns 4,372 shares of the industrial products company’s stock worth $835,000 after purchasing an additional 65 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Alamo Group by 4.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,649 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 73 shares during the last quarter. Amalgamated Bank lifted its position in shares of Alamo Group by 3.2% during the 3rd quarter. Amalgamated Bank now owns 3,054 shares of the industrial products company’s stock worth $583,000 after purchasing an additional 94 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of Alamo Group by 4.2% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 2,472 shares of the industrial products company’s stock worth $472,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Key Alamo Group News

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

• Positive Sentiment: Sidoti raised multiple near- and longer-term EPS forecasts (Q2–Q4 2026, Q1–Q3 2027 and FY2027) and boosted FY2026/FY2027 outlooks, signaling better-than-expected underlying profit trends and driving bullish analyst sentiment. Sidoti estimates summary
• Positive Sentiment: Zacks Research upgraded ALG from “strong sell” to “hold,” removing an overtly negative recommendation and likely reducing selling pressure from that corner. Zacks upgrade
• Positive Sentiment: Q1 results and commentary have been widely covered as “strong” — revenue and EPS beats for Q1 underpin the stock move, with media write-ups highlighting acquisitions and product innovation offsetting some cost headwinds. Kalkine Media: Strength lifts NYSE Composite focus
• Neutral Sentiment: Full earnings call transcript and coverage are available (useful for investors wanting granular detail on orders, margins and M&A), but transcripts largely reiterate the beat and management’s growth plans. Earnings call transcript
• Negative Sentiment: Management acknowledged margin pressure on the earnings call and in coverage; while growth initiatives and acquisitions are offsetting some impacts, margin compression remains a near-term risk for profitability and could cap upside until cost trends improve. TipRanks: call balances growth and pressure

About Alamo Group

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.