Alamo GroupALG
Market Cap: 2.33B
About: Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.
Employees: 4,350
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
225% more call options, than puts
Call options by funds: $3.26M | Put options by funds: $1.01M
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
7% more capital invested
Capital invested by funds: $2.36B [Q4 2023] → $2.54B (+$176M) [Q1 2024]
1% more funds holding
Funds holding: 230 [Q4 2023] → 233 (+3) [Q1 2024]
0.07% more ownership
Funds ownership: 92.41% [Q4 2023] → 92.48% (+0.07%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
37% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 98
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
EF Hutton Tim Moore | 38%upside $270 | Buy Maintained | 13 Jun 2024 |
DA Davidson Michael Shlisky | 15%upside $225 | Buy Maintained | 7 May 2024 |
EF Hutton Tim Moore | 38%upside $270 | Buy Maintained | 6 May 2024 |
DA Davidson Michael Shlisky | 21%upside $235 | Buy Maintained | 27 Feb 2024 |
Financial journalist opinion
Based on 3 articles about ALG published over the past 30 days