The approximately 200 workers part of the International Association of Machinists and Aerospace Workers, District Lodge 54, Local Lodge 1285, and the Company reached an agreement on a new five-year labor agreement.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/1/2023 | $201.00 | Outperform | Robert W. Baird |
| 7/7/2023 | $215.00 | Outperform | Raymond James |
| 3/16/2023 | $173.00 → $196.00 | Neutral → Buy | DA Davidson |
| 10/14/2021 | $150.00 | Neutral | DA Davidson |
Robert W. Baird initiated coverage of Alamo Group with a rating of Outperform and set a new price target of $201.00
Raymond James initiated coverage of Alamo Group with a rating of Outperform and set a new price target of $215.00
DA Davidson upgraded Alamo Group from Neutral to Buy and set a new price target of $196.00 from $173.00 previously
SEGUIN, Texas, June 10, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that Michael A. Haberman, Executive Vice President of the Industrial Equipment Division, will retire from his current role on August 6, 2024. Upon Mr. Haberman's retirement, Kevin Thomas will succeed Mr. Haberman as Executive Vice President of the Industrial Equipment Division. Mr. Thomas has been with the Company since February 2022 when he joined as Vice President of the Excavator and Vacuum Truck Group. Prior to joining the Company, Mr. Thomas was with Navistar International since 1999, with his most recent role being as President of Navistar Defense LLC since 2015. Chief Executive Officer and Presid
SEGUIN, Texas, March 6, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company on May 3, 2024. Ms. Agnes Kamps joined the Company as Executive Vice-President on March 6, 2024, and will take on the duties of Company Treasurer immediately. Upon Mr. Wehrle's retirement, Ms. Kamps will succeed Mr. Wehrle as the Company's Chief Financial Officer. Ms. Kamps joins the Company from Americas Styrenics, LLC, where she has served as Vice President and Chief Financial Officer since January 2021. Prior to her role with Americas Styrenics, Ms. Kamps served in various accounti
SEGUIN, Texas, Feb. 22, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that Roderick ("Rock") R. Baty will retire from the Board of Directors effective April 30, 2024. Mr. Baty joined the Board in August 2011 and has served in various capacities during his tenure. Mr. Baty was appointed Independent Board Chair on May 3, 2018. Upon Mr. Baty's retirement from the Board, current Board member, Richard ("Rick") W. Parod, will be appointed the new Independent Board Chair effective April 30, 2024. The Company also today announced that it has appointed Paul D. Householder as a new independent member of the Board effective February 22, 2024. Mr. Householder is the President and Chi
SEGUIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today reported results for the third quarter ended September 30, 2024. Highlights for the Quarter Net Sales of $401.3 million, down 4.4% versus prior yearIndustrial Equipment Division net sales of $211.2 million, up 22.3%Vegetation Management Division net sales of $190.1 million, down 23.0%Income from operations of $40.1 million, 10.0% of net salesNet income of $27.4 millionFully diluted EPS of $2.28 per share, including $0.10 of expense associated with workforce reductions; EPS of $2.38 per share excluding such expense (1)Total debt net of cash of $84.1 million improved by $126.2 million or 60.0% compared to third qua
SEGUIN, Texas, Oct. 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that it will release financial results for the third quarter of 2024 after the market closes on Thursday, October 31, 2024. The Company will host a conference call to discuss the results on Friday, November 1, 2024, at 10:00 a.m. ET. Hosting the call will be members of senior management. Individuals wishing to participate in the conference call should dial 1-833-816-1163 (domestic) or 1-412-317-1898 (international). For interested individuals unable to join the call, a replay will be available until Friday, November 8, 2024, by dialing 1-877-344-7529 (domestic) or 1-412-317-0088 (internationally), passc
SEGUIN, Texas, Oct. 2, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.26 per share. Payment will be made on October 28, 2024, to shareholders of record at the close of business on October 15, 2024. About Alamo Group Alamo Group is a leader in the design, manufacture, distribution and service of high-quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, fores
4 - ALAMO GROUP INC (0000897077) (Issuer)
4 - ALAMO GROUP INC (0000897077) (Issuer)
4 - ALAMO GROUP INC (0000897077) (Issuer)
EF Hutton analyst Tim Moore maintains Alamo Group (NYSE:ALG) with a Buy and maintains $270 price target.
The approximately 200 workers part of the International Association of Machinists and Aerospace Workers, District Lodge 54, Local Lodge 1285, and the Company reached an agreement on a new five-year labor agreement.
DA Davidson analyst Michael Shlisky maintains Alamo Group (NYSE:ALG) with a Buy and lowers the price target from $235 to $225.
SEGUIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to repurchase in the aggregate up to $50 million of its outstanding common stock. Jeff Leonard, Alamo Group's President and Chief Executive Officer, stated "This share repurchase program is part of a disciplined capital allocation strategy that demonstrates our commitment to enhancing shareholder value. Today's announcement affirms our confidence in the future of our business and is based on the strength of our balance sheet and our expectations of future cash flow generation." The extent to which
SEGUIN, Texas, Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today reported results for the third quarter ended September 30, 2024. Highlights for the Quarter Net Sales of $401.3 million, down 4.4% versus prior yearIndustrial Equipment Division net sales of $211.2 million, up 22.3%Vegetation Management Division net sales of $190.1 million, down 23.0%Income from operations of $40.1 million, 10.0% of net salesNet income of $27.4 millionFully diluted EPS of $2.28 per share, including $0.10 of expense associated with workforce reductions; EPS of $2.38 per share excluding such expense (1)Total debt net of cash of $84.1 million improved by $126.2 million or 60.0% compared to third qua
SEGUIN, Texas, Oct. 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that it will release financial results for the third quarter of 2024 after the market closes on Thursday, October 31, 2024. The Company will host a conference call to discuss the results on Friday, November 1, 2024, at 10:00 a.m. ET. Hosting the call will be members of senior management. Individuals wishing to participate in the conference call should dial 1-833-816-1163 (domestic) or 1-412-317-1898 (international). For interested individuals unable to join the call, a replay will be available until Friday, November 8, 2024, by dialing 1-877-344-7529 (domestic) or 1-412-317-0088 (internationally), passc
SC 13G - ALAMO GROUP INC (0000897077) (Subject)
SC 13G - ALAMO GROUP INC (0000897077) (Subject)
SC 13G - ALAMO GROUP INC (0000897077) (Subject)
8-K - ALAMO GROUP INC (0000897077) (Filer)
8-K - ALAMO GROUP INC (0000897077) (Filer)
10-Q - ALAMO GROUP INC (0000897077) (Filer)