Q1 Earnings Estimate for Alamo Group Issued By DA Davidson

Alamo Group Inc. (NYSE:ALG) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Alamo Group in a research report issued to clients and investors on Tuesday, March 4th. DA Davidson analyst M. Shlisky forecasts that the industrial products company will earn $2.70 per share for the quarter. DA Davidson currently has a “Buy” rating and a $217.00 target price 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 FY2025 earnings at $10.94 EPS and FY2026 earnings at $12.52 EPS.

ALG has been the subject of several other reports. Baird R W downgraded Alamo Group from a “strong-buy” rating to a “hold” rating in a report on Friday, February 28th. Robert W. Baird downgraded Alamo Group from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $224.00 to $177.00 in a report on Friday, February 28th. Finally, StockNews.com downgraded Alamo Group from a “buy” rating to a “hold” rating in a report on Wednesday.

Alamo Group Price Performance

ALG opened at $178.33 on Wednesday. The stock has a fifty day simple moving average of $183.16 and a two-hundred day simple moving average of $184.07. The company has a current ratio of 4.15, a quick ratio of 2.39 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.15 billion, a price-to-earnings ratio of 17.96 and a beta of 1.10. Alamo Group has a 12-month low of $163.74 and a 12-month high of $228.88.

Alamo Group (NYSE:ALG) last announced its quarterly earnings results on Thursday, February 27th. The industrial products company reported $2.39 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.16. The company had revenue of $385.32 million during the quarter, compared to analyst estimates of $396.85 million. Alamo Group had a return on equity of 12.41% and a net margin of 7.19%.

Institutional Trading of Alamo Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creative Planning raised its stake in Alamo Group by 33.2% during the 3rd quarter. Creative Planning now owns 2,004 shares of the industrial products company’s stock valued at $361,000 after purchasing an additional 499 shares during the period. Advantage Alpha Capital Partners LP bought a new stake in Alamo Group in the 3rd quarter worth approximately $3,014,000. Barclays PLC increased its stake in Alamo Group by 204.7% in the 3rd quarter. Barclays PLC now owns 22,417 shares of the industrial products company’s stock worth $4,039,000 after acquiring an additional 15,061 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Alamo Group by 14.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 76,555 shares of the industrial products company’s stock worth $13,790,000 after acquiring an additional 9,710 shares during the last quarter. Finally, State Street Corp increased its stake in Alamo Group by 2.6% in the 3rd quarter. State Street Corp now owns 391,728 shares of the industrial products company’s stock worth $70,562,000 after acquiring an additional 10,013 shares during the last quarter. Institutional investors own 92.36% of the company’s stock.

Insiders Place Their Bets

In related news, VP Janet S. Pollock sold 257 shares of Alamo Group stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $193.41, for a total transaction of $49,706.37. Following the sale, the vice president now owns 3,360 shares of the company’s stock, valued at approximately $649,857.60. This trade represents a 7.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.40% of the company’s stock.

Alamo Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Thursday, January 16th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.67%. This is a boost from Alamo Group’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, January 16th. Alamo Group’s dividend payout ratio (DPR) is presently 12.46%.

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.