DA Davidson Lowers Alamo Group (NYSE:ALG) Price Target to $190.00

Alamo Group (NYSE:ALG) had its target price cut by equities research analysts at DA Davidson from $225.00 to $190.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. DA Davidson’s price objective would suggest a potential upside of 13.55% from the company’s current price. DA Davidson also issued estimates for Alamo Group’s Q4 2025 earnings at $2.20 EPS and FY2026 earnings at $11.43 EPS.

A number of other brokerages also recently commented on ALG. Robert W. Baird raised shares of Alamo Group from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $209.00 to $260.00 in a research report on Monday, August 4th. Weiss Ratings cut shares of Alamo Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Wall Street Zen downgraded shares of Alamo Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Baird R W raised Alamo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $222.33.

Alamo Group Stock Performance

Shares of ALG stock opened at $167.33 on Tuesday. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 17.04, a P/E/G ratio of 0.94 and a beta of 1.13. Alamo Group has a 1-year low of $157.07 and a 1-year high of $233.29. The company has a current ratio of 4.56, a quick ratio of 2.76 and a debt-to-equity ratio of 0.18. The stock’s fifty day simple moving average is $189.00 and its 200-day simple moving average is $202.84.

Alamo Group (NYSE:ALG) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $2.34 EPS for the quarter, missing analysts’ consensus estimates of $2.61 by ($0.27). The business had revenue of $420.04 million for the quarter, compared to analyst estimates of $407.55 million. Alamo Group had a return on equity of 11.45% and a net margin of 7.41%. On average, sell-side analysts predict that Alamo Group will post 9.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Alamo Group news, CEO Jeffery Allen Leonard sold 2,500 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $222.19, for a total transaction of $555,475.00. Following the transaction, the chief executive officer directly owned 38,413 shares of the company’s stock, valued at $8,534,984.47. This represents a 6.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.18% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Nuveen LLC acquired a new stake in shares of Alamo Group in the first quarter worth $8,361,000. State of Alaska Department of Revenue raised its stake in Alamo Group by 7.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,188 shares of the industrial products company’s stock valued at $1,350,000 after purchasing an additional 441 shares during the last quarter. Pacer Advisors Inc. bought a new stake in Alamo Group in the 1st quarter valued at $12,920,000. Jump Financial LLC grew its position in Alamo Group by 44.5% in the 1st quarter. Jump Financial LLC now owns 8,419 shares of the industrial products company’s stock worth $1,500,000 after purchasing an additional 2,592 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Alamo Group by 4.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 146,724 shares of the industrial products company’s stock worth $26,148,000 after purchasing an additional 5,679 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Alamo Group Company Profile

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.