Alamo Group (ALG)

• Market cap: $2.23B
• 1 day: 1.52%
• 5 days: 4.85%
• 1 month: -0.76%
• 3 months: 7.71%
• 6 months: -0.41%
• Year to date: 2.75%
• 1 year: -11.47%
• 5 years: 44.26%
• 10 years: 304.74%
• Sector: Industrials
• Industry: Farm Machinery & Equipment

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 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

1% more capital invested

Capital invested by funds: $1.99B [Q2] → $2.01B (+$20.8M) [Q3]

0% more funds holding

Funds holding: 254 [Q2] → 255 (+1) [Q3]

2.92% less ownership

Funds ownership: 95.63% [Q2] → 92.71% (-2.92%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 101

40% less call options, than puts

Call options by funds: $1.82M | Put options by funds: $3.05M

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $205 11% upside
• Avg. target: $205 11% upside
• High target: $205 11% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Baird Joseph Grabowski 50% 1-year accuracy 1 / 2 met price target

11% upside $205

Outperform Maintained

4 Nov 2024