Alamo Group
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 Q2 SEC filings by fund managers ($100M+ AUM)
90% more call options, than puts
Call options by funds: $1.97M | Put options by funds: $1.04M
68% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 28
38% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 71
8% more funds holding
Funds holding: 235 [Q1] → 254 (+19) [Q2]
2.0% less ownership
Funds ownership: 97.07% [Q1] → 95.07% (-2.0%) [Q2]
26% less capital invested
Capital invested by funds: $2.66B [Q1] → $1.98B (-$681M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Baird Joseph Grabowski 100% 1-year accuracy 1 / 1 met price target | 6%upside $205 | Outperform Maintained | 4 Nov 2024 |
DA Davidson Michael Shlisky 47% 1-year accuracy 9 / 19 met price target | 13%upside $219 | Buy Maintained | 28 Aug 2024 |
Financial journalist opinion
Based on 5 articles about ALG published over the past 30 days