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 |
SC 13G - ALAMO GROUP INC (0000897077) (Subject)
SC 13G - ALAMO GROUP INC (0000897077) (Subject)
SC 13G/A - ALAMO GROUP INC (0000897077) (Subject)
8-K - ALAMO GROUP INC (0000897077) (Filer)
10-Q - ALAMO GROUP INC (0000897077) (Filer)
8-K - ALAMO GROUP INC (0000897077) (Filer)
SEGUIN, Texas, Aug. 16, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, a manufacturer of high-quality agricultural replacement and wear parts based in Indianola, Iowa, was originally acquired by Alamo Group in 1995 and represented a small part of Alamo Group's Vegetation Management Division. Chief Executive Officer and President, Jeffery A. Leonard, commented on the sale as follows, "We are pleased to announce the successful sale of our small operation in Indianola, Iowa. This decision reflects our commitment to driving continuous improvement and profitable growth for Alamo Group. H
SEGUIN, Texas, July 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2024. Highlights for the Quarter Net Sales of $416.3 million, down 5.5% versus prior yearIndustrial Equipment net sales of $204.8 million, up 14.2%Vegetation Management net sales of $211.5 million, down 19.1%Income from operations of $43.3 million, 10.4% of net salesNet income of $28.3 millionSecond quarter fully diluted EPS of $2.35 per share; EPS results of $2.35 per share include the unfavorable impact of Gradall strike of approximately $0.22 per shareTotal debt net of cash improved $60.5 million or 25.7% compared to second quarter 2023(1)Backlog remained
SEGUIN, Texas, July 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that it will release financial results for the second quarter of 2024 after the market closes on Wednesday, July 31, 2024. The Company will host a conference call to discuss the results on Thursday, August 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 Thursday, August 8, 2024, by dialing 1-877-344-7529 (domestic) or 1-412-317-0088 (internationally), passco
SEGUIN, Texas, Aug. 16, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, a manufacturer of high-quality agricultural replacement and wear parts based in Indianola, Iowa, was originally acquired by Alamo Group in 1995 and represented a small part of Alamo Group's Vegetation Management Division. Chief Executive Officer and President, Jeffery A. Leonard, commented on the sale as follows, "We are pleased to announce the successful sale of our small operation in Indianola, Iowa. This decision reflects our commitment to driving continuous improvement and profitable growth for Alamo Group. H
SEGUIN, Texas, July 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2024. Highlights for the Quarter Net Sales of $416.3 million, down 5.5% versus prior yearIndustrial Equipment net sales of $204.8 million, up 14.2%Vegetation Management net sales of $211.5 million, down 19.1%Income from operations of $43.3 million, 10.4% of net salesNet income of $28.3 millionSecond quarter fully diluted EPS of $2.35 per share; EPS results of $2.35 per share include the unfavorable impact of Gradall strike of approximately $0.22 per shareTotal debt net of cash improved $60.5 million or 25.7% compared to second quarter 2023(1)Backlog remained
SEGUIN, Texas, July 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE:ALG) today announced that it will release financial results for the second quarter of 2024 after the market closes on Wednesday, July 31, 2024. The Company will host a conference call to discuss the results on Thursday, August 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 Thursday, August 8, 2024, by dialing 1-877-344-7529 (domestic) or 1-412-317-0088 (internationally), passco
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, 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
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