DA Davidson Has Negative View of Alamo Group FY2025 Earnings

Alamo Group, Inc. (NYSE:ALG) – Equities researchers at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for Alamo Group in a note issued to investors on Monday, August 11th. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will earn $10.76 per share for the year, down from their prior estimate of $10.85. DA Davidson has a “Neutral” rating and a $225.00 price target on the stock. The consensus estimate for Alamo Group’s current full-year earnings is $9.53 per share. DA Davidson also issued estimates for Alamo Group’s FY2026 earnings at $11.86 EPS.

Alamo Group (NYSE:ALG) last released its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $2.57 EPS for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.12). Alamo Group had a net margin of 7.41% and a return on equity of 11.45%. The business had revenue of $419.07 million during the quarter, compared to analyst estimates of $406.75 million.

A number of other research firms have also recently commented on ALG. Wall Street Zen cut Alamo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Robert W. Baird raised Alamo Group from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $209.00 to $260.00 in a research report on Monday, August 4th. Finally, Baird R W raised Alamo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 4th.

Alamo Group Trading Up 2.2%

ALG opened at $226.62 on Tuesday. Alamo Group has a one year low of $157.07 and a one year high of $230.15. The stock has a market capitalization of $2.74 billion, a PE ratio of 23.08, a P/E/G ratio of 1.16 and a beta of 1.10. The business’s 50 day moving average price is $218.59 and its 200 day moving average price is $195.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.76 and a current ratio of 4.56.

Institutional Trading of Alamo Group

Large investors have recently modified their holdings of the stock. New York State Teachers Retirement System grew its stake in shares of Alamo Group by 4.1% during the first quarter. New York State Teachers Retirement System now owns 2,512 shares of the industrial products company’s stock worth $448,000 after purchasing an additional 100 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Alamo Group by 3.1% during the first quarter. Principal Financial Group Inc. now owns 58,673 shares of the industrial products company’s stock worth $10,456,000 after purchasing an additional 1,737 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Alamo Group by 110.6% during the first quarter. GAMMA Investing LLC now owns 238 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 125 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Alamo Group by 4.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 699,563 shares of the industrial products company’s stock worth $125,732,000 after purchasing an additional 26,835 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Alamo Group by 2.6% during the first quarter. Harbor Capital Advisors Inc. now owns 47,945 shares of the industrial products company’s stock worth $8,544,000 after purchasing an additional 1,210 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company’s stock.

Alamo Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 29th. Stockholders of record on Wednesday, July 16th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, July 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.5%. Alamo Group’s dividend payout ratio is currently 12.22%.

About Alamo Group

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.