ALG Alamo Group Inc

Harbor Capital Advisors Inc. significantly reduced its stake in Alamo Group, Inc. by 71.2% in Q3, now holding 13,890 shares valued at $2.65 million. Despite this reduction and Alamo missing quarterly EPS estimates, institutional ownership remains high at 92.36%, and CEO Robert Paul Hureau recently increased his personal stake in the company. The stock currently holds a "Moderate Buy" rating from analysts with an average price target of $222.33.

Alamo Group (ALG) shows diverging performance with strong growth in Industrial Equipment but continued weakness in Vegetation Management. This uneven demand, driven by infrastructure spending versus softer vegetation markets, impacts the company's investment narrative and future earnings expectations. Investors should consider how this ongoing softness in Vegetation Management and declining backlogs might affect overall earnings progression and the previously optimistic outlook.

Assenagon Asset Management S.A. significantly reduced its stake in Alamo Group, Inc. (NYSE:ALG) by 54.4% in the third quarter, divesting 47,618 shares and ending with 39,924 shares valued at approximately $7.62 million. Despite this, institutional investors collectively own about 92.36% of the company's stock, and insiders, including CEO Robert Paul Hureau, have recently made purchases. Alamo Group reported mixed third-quarter results with a revenue beat but an EPS miss, while analysts maintain a "Moderate Buy" consensus rating with an average target price of $222.33.

Westwood Holdings Group Inc. reduced its stake in Alamo Group, Inc. by 15.1% in the second quarter of 2025, selling 60,497 shares and now owning 340,363 shares valued at approximately $74.33 million. Other institutional investors like Smartleaf Asset Management LLC and Jones Financial Companies Lllp increased their positions in ALG. Despite missing EPS estimates, Alamo Group beat revenue expectations in its latest quarter, maintains a "Hold" consensus rating from analysts, and recently saw insider buying from its CEO.

D.A. Davidson served as the exclusive financial advisor to Alamo Group Inc. for its acquisition of Petersen Industries, Inc. Alamo Group, a global manufacturer of industrial and vegetation management equipment, purchased Petersen, an innovative producer of truck-mounted grapple loader equipment. This acquisition aligns with Alamo's strategy of acquiring profitable companies with innovative and attractive product portfolios that are market leaders.

D.A. Davidson & Co. served as the exclusive financial advisor to Alamo Group Inc. on its acquisition of Petersen Industries, Inc. Alamo Group, a global manufacturer of industrial and vegetation management equipment, has added Petersen, a specialized manufacturer of truck-mounted grapple loader equipment, to its industrial equipment segment. This acquisition aligns with Alamo Group's strategy to acquire profitable companies that are market leaders in stable, growing end-markets.