Alamo Group (NYSE:ALG - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $2.63 per share and revenue of $406.75 million for the quarter.
Alamo Group (NYSE:ALG - Get Free Report) last posted its earnings results on Thursday, May 8th. The industrial products company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $0.32. Alamo Group had a return on equity of 11.56% and a net margin of 7.25%. The firm had revenue of $390.95 million for the quarter, compared to analyst estimates of $391.08 million. On average, analysts expect Alamo Group to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Alamo Group Trading Up 0.8%
Alamo Group stock traded up $1.80 during midday trading on Friday, reaching $219.08. 45,566 shares of the stock traded hands, compared to its average volume of 104,688. The firm has a market cap of $2.65 billion, a PE ratio of 22.82 and a beta of 1.08. The company has a current ratio of 4.30, a quick ratio of 2.62 and a debt-to-equity ratio of 0.19. The company has a 50-day simple moving average of $213.42 and a two-hundred day simple moving average of $191.83. Alamo Group has a 12-month low of $157.07 and a 12-month high of $230.15.
Alamo Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 29th. Stockholders of record on Wednesday, July 16th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.55%. The ex-dividend date is Wednesday, July 16th. Alamo Group's payout ratio is 12.50%.
Insider Buying and Selling
In other Alamo Group news, CEO Jeffery Allen Leonard sold 3,500 shares of the business's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $201.52, for a total transaction of $705,320.00. Following the completion of the transaction, the chief executive officer owned 40,913 shares in the company, valued at $8,244,787.76. The trade was a 7.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Richard Hodges Raborn sold 500 shares of the firm's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $201.84, for a total transaction of $100,920.00. Following the completion of the sale, the executive vice president owned 12,948 shares in the company, valued at $2,613,424.32. The trade was a 3.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in ALG. Millennium Management LLC boosted its holdings in shares of Alamo Group by 164.7% in the 1st quarter. Millennium Management LLC now owns 63,588 shares of the industrial products company's stock valued at $11,332,000 after buying an additional 39,564 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Alamo Group by 12.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 36,162 shares of the industrial products company's stock worth $6,444,000 after purchasing an additional 4,062 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Alamo Group by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,084 shares of the industrial products company's stock worth $1,084,000 after purchasing an additional 251 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Alamo Group by 3,140.0% during the first quarter. Jones Financial Companies Lllp now owns 324 shares of the industrial products company's stock worth $58,000 after purchasing an additional 314 shares in the last quarter. 92.36% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of Alamo Group from a "buy" rating to a "hold" rating in a report on Saturday. DA Davidson reaffirmed a "neutral" rating and set a $225.00 price objective on shares of Alamo Group in a research report on Tuesday.
Read Our Latest Stock Analysis on Alamo Group
About Alamo Group
(
Get Free Report)
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.
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