Alamo GroupALG
Market Cap: $2.06B
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]
2.27% less ownership
Funds ownership: 94.78% [Q1] → 92.51% (-2.27%) [Q2]
26% less capital invested
Capital invested by funds: $2.6B [Q1] → $1.93B (-$672M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 29%upside $219 | Buy Maintained | 28 Aug 2024 |
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 23%upside $209 | Buy Maintained | 5 Aug 2024 |
Baird Joseph Grabowski 100% 1-year accuracy 1 / 1 met price target | 27%upside $217 | Outperform Maintained | 2 Aug 2024 |
EF Hutton Tim Moore 26% 1-year accuracy 14 / 53 met price target | 58%upside $270 | Buy Maintained | 13 Jun 2024 |