ALG

Interested in Alamo Group, Inc.? Here are five stocks we like better. Alamo Group delivered solid Q2 results: Net sales rose 7.6% year over year to $415.7 million, while adjusted diluted EPS increased 7.2% to $2.82 and adjusted EBITDA reached $63.9 million. Acquisitions drove much of the growth, with organic sales up 1.3%. Industrial Equipment led performance, while Vegetation Management stabilized: Industrial sales climbed 12.8%, aided by acquisitions and market-share gains, while Vegetation sales increased 0.4% for a second consecutive quarter of growth. However, both divisions reported book-to-bill ratios below 1.0x. Management expects mixed end markets but remains focused on efficiency and acquisitions: Industrial markets are expected to be flat in the second half of 2026, while vegetation markets could decline by mid-single digits. Alamo is pursuing productivity initiatives, portfolio actions and tuck-in acquisitions while maintaining a strong balance sheet and reiterating long-term margin targets. 3 Mining Stocks Poised to Ride the Precious Metals Boom Alamo Group (NYSE:ALG) reported second-quarter 2026 net sales of $415.7 million, up 7.6% from a year earlier, as acquisitions and modest organic growth supported results. Organic net sales rose 1.3%, while adjusted diluted earnings per share increased 7.2% to $2.82. President and Chief Executive Officer Robert Hureau said the company was pleased with the quarter’s performance, citing strong sales, improved adjusted earnings and solid adjusted EBITDA. He said customer activity remained encouraging in terms of volume, pace and quality, while management continued to focus on operational improvements and strategic execution. → SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Is 2024 the year of the dividend increase? Gross profit was $110.9 million, compared with $108.3 million in the prior-year quarter. Gross margin declined 120 basis points to 24.6%, reflecting sales mix and investments intended to support long-term growth. Favorable pricing, procurement savings and operating discipline partly offset those pressures. Selling, general and administrative expense increased 5.1% to $60.1 million, including costs associated with acquisitions, integration activities, restructuring, and the additions of Petersen and Ring-O-Matic. However, SG&A declined as a percentage of sales to 13.3% from 13.6%. Excluding acquisition, integration and restructuring expenses, SG&A was approximately 12.5% of sales, compared with approximately 13.5% a year earlier. → Financials Hit Record Highs as the AI Trade Unravels—Can They Keep Leading? 3 Reasons Oshkosh Stock is Headed to New Heights Chief Financial Officer Agnes Kamps said the company is pursuing productivity initiatives, including early applications of artificial intelligence, with the aim of managing SG&A as a percentage of revenue over time. Adjusted EBITDA rose to $63.9 million, or 14.2% of net sales, from $58.8 million, or 14.0% of sales, in the second quarter of 2025. The company recorded $4.3 million of acquisition, integration and restructuring expenses during the quarter, including expenses related to manufacturing and supply-chain transformation, leadership changes, and facility consolidation and streamlining. → Why Rare Earth Processing Could Be the Real 2027 Opportunity The Industrial Equipment Division reported second-quarter net sales of $271.6 million, up 12.8% year over year. Organic sales increased 2.6%, with the remainder of the growth reflecting contributions from Petersen, acquired earlier in 2026, and Ring-O-Matic, acquired in 2025. Adjusted EBITDA was $45.3 million, or 16.7% of divisional sales, nearly level with the 16.8% margin reported a year earlier. Hureau said excavator and vacuum truck sales increased despite relatively flat end markets, driven by brand strength, dealer and customer relationships, and market-share gains. The rental business was on pace for a record year in both sales and adjusted EBITDA, while Ring-O-Matic also delivered record results, he said. Industrial Equipment orders declined 2% from a year earlier, producing a book-to-bill ratio of 0.85x. Orders were strongest in snow equipment and increased in sweepers and safety products, including on an organic basis for the latter category. Excavator and vacuum truck orders declined, which management attributed in part to order timing and a difficult comparison with a record order quarter in 2025. The Vegetation Management Division posted net sales of $179.1 million, up 0.4% from the prior year. It was the division’s second consecutive quarter of year-over-year growth following eight quarters of declines. Adjusted EBITDA was $18.6 million, or 10.4% of sales, compared with $18.5 million and the same margin a year ago. Growth in North American agriculture, tree care and recycling, and European businesses offset lower sales in municipal mowing and South America. Hureau said improved manufacturing execution supported U.S. agriculture, tree care and recycling sales, while Europe benefited from strength in the Netherlands and France. Vegetation Management’s book-to-bill ratio was 0.9x, with net orders down 1% year over year. Municipal mowing orders increased at a double-digit rate as state and local customers moved into new budget years, management said. Tree care and recycling orders also grew, aided by dealer-network expansion, while North American agriculture orders were roughly flat and backlog remained healthy. Management characterized industrial end markets as stable but selective, with growth moderating after several years of infrastructure-related expansion. Hureau said Alamo expects industrial end markets to be “flattish” in the second half of 2026, though the company remains positive about longer-term demand tied to infrastructure maintenance, public works, utilities and specialized vocational equipment. For vegetation markets, management remains cautious. Hureau said the company sees end markets as ranging from flat to down mid-single digits for the balance of 2026, citing lower farm income, elevated borrowing costs, tariff-related uncertainty and continued weakness in some tractor-sales data. He said the company does not expect a rapid recovery across the entire vegetation portfolio. Alamo said its aggregate backlog represented roughly four to five months of revenue, a level management described as consistent with historical patterns outside the elevated demand period of 2023 and 2024. Lead times were considered competitive, according to Hureau. The company reiterated long-term targets of 15% adjusted operating income margins and 18% adjusted EBITDA margins. Hureau said management sees roughly 300 basis points of improvement that it believes is within its control, supported by procurement savings, aftermarket parts and service initiatives, manufacturing efficiency efforts, and portfolio actions. Procurement savings are expected to begin contributing toward the end of 2026, with a larger impact expected in 2027 as projects advance and inventory turns over. As part of a portfolio review, Alamo plans to exit a small Netherlands business serving the waterway vegetation-management market through either a sale or closure before year-end. Management said it expects to make additional portfolio decisions in the second half, although the businesses and product lines involved are not large in the context of the company. For the first six months of 2026, Alamo generated $22.7 million of operating cash flow and reported investing cash outflows of $171.6 million, primarily related to the Petersen acquisition and capital expenditures. Over the trailing 12 months ended June 30, free cash flow totaled $135.3 million, equal to 134% of net income. In May, the company renewed its credit facility, extending maturity to 2031. The facility provides $602.5 million of committed capacity, including a $400 million revolver and a $202.5 million term loan facility. At quarter-end, Alamo had $195 million in cash, total debt of $262.7 million and net leverage below one times. During the quarter, the company paid $4.1 million in dividends, repurchased $9.4 million in shares under its $50 million authorization, and repaid $25.9 million on the revolver used to finance the Petersen acquisition. The board again approved a quarterly dividend of $0.34 per share. Hureau said acquisitions remain a top priority, with a focus largely on tuck-in opportunities close to the company’s core markets, channels and geographies. Management said transactions in the range of roughly $15 million to $30 million of EBITDA are the principal target, although larger deals could be considered if they offer a strong strategic fit and meaningful synergies. Alamo Group, Inc engages in the design, manufacture and marketing of equipment for vegetation management, roadside maintenance, agricultural harvesting and industrial applications. The company offers a broad portfolio of products, including boom mowers, flail mowers, rotary cutters, snow removal equipment, slurry seal machines, railcar movers and tow tractors. These offerings are distributed under a variety of brand names and through a network of independent dealerships and distributors, meeting the needs of municipalities, highway departments, agricultural producers and industrial operators. The company operates through two primary segments: Agricultural and Industrial. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Alamo Group Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

This article first appeared on GuruFocus. Net Sales: $415.7 million, an increase of 7.6% year-over-year; organic net sales increased 1.3%. Gross Profit: $110.9 million, compared to $108.3 million in Q2 2025. Gross Margin: 24.6%, down 120 basis points year-over-year. SG&A Expense: $60.1 million, up 5.1% year-over-year; as a percentage of net sales, 13.3% compared to 13.6% in Q2 2025. Adjusted EBITDA: $63.9 million, or 14.2% of net sales, compared to $58.8 million, or 14% of net sales, in Q2 2025. Adjusted EPS: $2.82 on a fully diluted basis, up 7.2% from $2.63 in Q2 2025. Net Interest Expense: $3.6 million, up from $2.5 million in Q2 2025. Effective Income Tax Rate: 25.6%. Acquisition, Integration, and Restructuring Expenses: $4.3 million, including $0.3 million in acquisition integration and $4 million in restructuring expenses. Industrial Equipment Division Net Sales: $271.6 million, an increase of 12.8% year-over-year; organic net sales increased 2.6%. Industrial Equipment Division Adjusted EBITDA: $45.3 million, or 16.7% of net sales, compared to $40.3 million, or 16.8% of net sales, in Q2 2025. Vegetation Management Division Net Sales: $179.1 million, an increase of 0.4% year-over-year. Vegetation Management Division Adjusted EBITDA: $18.6 million, or 10.4% of net sales, compared to $18.5 million, or 10.4% of net sales, in Q2 2025. Cash Provided by Operations (Six Months): $22.7 million. Free Cash Flow (Last 12 Months): $135.3 million, or 134% of net income. Cash and Total Debt: $195 million in cash and $262.7 million in total debt at June 30, 2026. Dividends Paid: $4.1 million in dividends; quarterly dividend of $0.34 per share approved. Share Repurchases: $9.4 million of shares repurchased under the 2024 $50 million board-approved program. Debt Repayment: $25.9 million repaid on the revolver used to finance the Peterson acquisition. Industrial Equipment Division Book-to-Bill: 0.85 times, with net orders down 2% year-over-year. Vegetation Management Division Book-to-Bill: 0.9 times, with net orders down 1% year-over-year. Warning! GuruFocus has detected 10 Warning Signs with DUK. Is ALG fairly valued? Test your thesis with our free DCF calculator. Release Date: August 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Alamo Group Inc (NYSE:ALG) reported a 7.6% increase in net sales for Q2 2026, reaching $415.7 million, driven by strong performance in the Industrial Equipment division and contributions from recent acquisitions. Adjusted earnings per share rose 7.2% year-over-year to $2.82, and adjusted EBITDA improved to $63.9 million, reflecting solid operational execution and cost discipline. The Vegetation Management division achieved its second consecutive quarter of year-over-year sales growth, signaling stabilization after eight quarters of declines, with notable strength in North American agriculture and tree care. The company generated strong free cash flow of $135.3 million over the last twelve months, representing 134% of net income, well above its long-term target of 100%. Alamo Group Inc (NYSE:ALG) maintains a robust balance sheet with net leverage below 1x, and recently renewed its credit facility on improved terms, providing significant capacity for M&A and capital returns. Gross margin declined 120 basis points year-over-year to 24.6%, impacted by unfavorable sales mix and investments for long-term growth, partially offset by pricing and procurement savings. The Vegetation Management division's adjusted EBITDA margin remained flat at 10.4%, with ongoing pressure from inflation, tariffs, and unfavorable sales mix, despite operational improvements. Book-to-bill ratios were below 1x in both divisions (Industrial Equipment: 0.85x, Vegetation Management: 0.9x), indicating that orders are not keeping pace with sales, partly due to lumpy order timing and softness in certain end markets. The company incurred $4.3 million in acquisition, integration, and restructuring expenses during the quarter, including costs for facility consolidations and leadership changes, which weighed on profitability. Management remains cautious about near-term end markets, expecting flattish to slightly down conditions in both industrial and vegetation segments, with no rapid recovery anticipated in the vegetation portfolio. Q: Can you provide an update on the margin runway for each division, particularly Vegetation Management, and how much of the improvement is within your control versus dependent on a volume recovery?A: Robert Hureau (CEO) confirmed the long-term through-the-cycle targets of 15% adjusted operating income margins and 18% adjusted EBITDA margins, noting the company is roughly 400 basis points away. He stated that approximately 300 basis points of improvement is directly within their control, driven by procurement savings, parts and service initiatives, and manufacturing efficiencies. This opportunity exists in both divisions, with Vegetation Management expected to improve from ~10% to 13-14% and Industrial Equipment similarly. Volume tailwinds and accretive M&A, like the Peterson acquisition with 23-24% EBITDA margins, would provide additional upside over the next three to four years. Q: How should we think about backlog moving forward, and what is the current order pattern and lead time situation?A: Robert Hureau (CEO) explained that the company looks at orders, backlog, lead times, and market share. Lead times are normalized, with four to five months of revenue in backlog, consistent with historical levels. Order patterns show positive signs: municipal mowing and sweeper orders returned to double-digit growth as municipalities entered new budget years, snow business continues to perform well, and US ag has a healthy backlog. Excavator orders were down but against a record Q2 2025 comparison. The company is also gaining market share across many brands, and management feels positive about the trajectory heading into 2027. Q: What is the current M&A pipeline and appetite for larger, more transformational deals versus continued bolt-ons?A: Robert Hureau (CEO) stated that M&A remains the top capital allocation priority, with a strong and active pipeline. The focus is on tuck-in acquisitions in the $15 million to $30 million EBITDA range, primarily in the Industrial Equipment space, to avoid adding complexity to the Vegetation Management division while it fine-tunes operations. While a $40-50 million deal is possible with strong strategic fit, anything larger is unlikely at this time. The company has significant dry powder with a target of up to 2.5 times net leverage. Q: What is the outlook for the second half of 2026, particularly for the Vegetation Management division?A: Robert Hureau (CEO) indicated that while the company remains cautious on third-party data trends, the end market for Vegetation Management is expected to be flattish to down mid-single-digits. However, the company's financial results should follow historical seasonality, with Q2 being the peak and Q3 and Q4 slightly lower sequentially. On a year-over-year basis, results will get progressively better, especially in Q4, which was a low point in 2025. Q: Can you provide an update on the facility consolidations in the Vegetation Management business and their impact on the second half?A: Robert Hureau (CEO) reported significant progress in the consolidation of the Morbark/Rhino and Bush Hog/Rhino brands. After disruption in the back half of 2025, production lines are now efficient, evidenced by strong sales growth in those groups during Q2 and Vegetation Management EBITDA margins returning to flat year-over-year. While there is still more opportunity for efficiency gains, the company is in a much better position than it was in late 2025. Q: What is the organic growth outlook for the Industrial Equipment division for the remainder of the year?A: Robert Hureau (CEO) stated that the industrial end markets are expected to be flattish in the back half of 2026, consistent with broader construction spending data. While construction spending remains at elevated levels, year-over-year growth has flattened. The company is waiting for further federal stimulus funds for infrastructure, which would be encouraging. Long-term, the end market remains attractive with mandated, demand-driven activity. Q: Can you give an update on the progress of the procurement savings program and when benefits will flow through?A: Agnieszka Kamps (CFO) stated that the procurement program, organized around commodities and spend, is progressing very well. The savings are expected to start coming in towards the end of 2026, but will largely be realized in 2027 due to project timing and inventory turnover. Q: How did the aftermarket parts and service business perform, and how are the initiatives progressing?A: Robert Hureau (CEO) noted that aftermarket parts and service was up slightly year-over-year in the quarter. While it has taken a bit longer to gain momentum, there is significant activity around pricing and parts availability. This is expected to be a strong contributor to improved profitability and margin profile over the next couple of years. Q: What is the company doing to drive growth beyond the broader end-market trends in the Vegetation Management division?A: Robert Hureau (CEO) acknowledged the focus on "alternate sources of growth." While maintaining and growing share with existing dealers and partners is crucial, the company is actively exploring different channels and adjacent product categories. He noted that there are exciting developments in both divisions, but it is too early to discuss them publicly. Q: How much did currency impact the year-over-year revenue change?A: Robert Hureau (CEO) clarified that the currency impact was minimal, at approximately 0.4%. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Alamo Group (ALG) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.92%. A quarter ago, it was expected that this maker of road maintenance, industrial and farm equipment would post earnings of $2.15 per share when it actually produced earnings of $2.56, delivering a surprise of +19.07%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Alamo Group, which belongs to the Zacks Manufacturing - Farm Equipment industry, posted revenues of $450.73 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.15%. This compares to year-ago revenues of $419.07 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Alamo Group shares have lost about 5.2% since the beginning of the year versus the S&P 500's gain of 9.4%. While Alamo Group has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Alamo Group was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.88 on $444.57 million in revenues for the coming quarter and $10.65 on $1.71 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Farm Equipment is currently in the top 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the broader Zacks Industrial Products sector, Fuel Tech, Inc. (FTEK), has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4. This company is expected to post quarterly loss of $0.02 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Fuel Tech, Inc.'s revenues are expected to be $6.58 million, up 18.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alamo Group, Inc. (ALG) : Free Stock Analysis Report Fuel Tech, Inc. (FTEK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SEGUIN, Texas, Aug. 3, 2026 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter of 2026. Highlights: Net sales were $450.7 million, up 7.6% compared to the second quarter of 2025 Net income was $30.9 million and adjusted net income was $34.2 million Fully diluted EPS was $2.55 per share, nearly flat compared to $2.57 per share in the second quarter of 2025 Adjusted fully diluted EPS was $2.82 per share, an increase of 7.2% compared to $2.63 per share in the second quarter of 2025 Adjusted EBITDA of $63.9 million was 14.2% of net sales, up 8.7% compared to the second quarter of 2025 Net sales in the Industrial Equipment Division were $271.6 million, up 12.8% compared to the second quarter of 2025 Net sales in the Vegetation Management Division were $179.1 million, up 0.4% compared to the second quarter of 2025 The Company renewed its credit facility in May 2026 with improved terms and preserved $602.5 million of committed capacity, including a $400.0 million revolver and $202.5 million term loan facility On June 30, 2026, cash was $195.0 million and total debt was $262.7 million Returned $19.0 million to stockholders in the first six months of 2026, including $10.8 million of share repurchases and $8.2 million of dividends Robert Hureau, Alamo Group's President and Chief Executive Officer, commented, "Our second quarter results reflect continued execution across the business, highlighted by strong sales growth in our Industrial Equipment Division, improved adjusted earnings, and solid adjusted EBITDA performance. Conditions across our end markets remain mixed, and our teams continue to focus on operational improvement, and disciplined execution of our strategic priorities." Second Quarter Results Net sales for the second quarter of 2026 were $450.7 million, an increase of 7.6% compared to $419.1 million for the second quarter of 2025. Net income for the second quarter of 2026 was $30.9 million, or $2.55 per fully diluted share compared to $31.1 million, or $2.57 per fully diluted share for the second quarter of 2025. The Company also reported adjusted net income of $34.2 million, or $2.82 per fully diluted share, for the second quarter of 2026 compared to adjusted net income of $31.9 million, or $2.63 per fully diluted share for the second quarter of 2025. Adjusted EBITDA for the second quarter of 2026 was $63.9 million, or 14.2% of net sales, compared to $58.8 million, or 14.0% of net sales, for the second quarter of 2025. Net sales in the Industrial Equipment Division were $271.6 million, an increase of 12.8% compared to $240.7 million for the second quarter of 2025. The year-over-year increase in Industrial Equipment Division sales reflected organic demand and the contribution from Petersen. Adjusted EBITDA in the Industrial Equipment Division for the second quarter of 2026 was $45.3 million, or 16.7% of net sales, compared to $40.3 million, or 16.8% of net sales, in the second quarter of 2025. Net sales in the Vegetation Management Division were $179.1 million, an increase of 0.4% compared to $178.4 million in the second quarter of 2025. Adjusted EBITDA in the Vegetation Management Division for the second quarter of 2026 was $18.6 million, or 10.4% of net sales, compared to $18.5 million, or 10.4% of net sales, in the second quarter of 2025. Robert Hureau, Alamo Group's President and Chief Executive Officer, commented, "Our Industrial Equipment Division delivered a strong quarter, with sales growth and solid profitability, including a meaningful contribution from Petersen following its acquisition earlier this year. In the Vegetation Management Division, sales were relatively stable compared to the prior year despite pressure in certain end markets. We are continuing to focus on improving margins through operational execution, cost discipline and targeted actions across the portfolio." For the six months ended June 30, 2026, cash flow provided by operations was $22.7 million, investing cash outflow was $171.6 million, and financing cash inflow was $37.3 million. In May 2026, the Company renewed its credit facility on improved terms across the facility, further strengthening its liquidity profile and financial flexibility. The successful renewal provides $602.5 million of committed capacity, including a $400.0 million revolving credit facility and a $202.5 million term loan facility, supporting ongoing capital deployment priorities, working capital needs and long-term growth initiatives. During the first six months of 2026, the Company funded the acquisition of Petersen, repurchased $10.8 million of its common stock and paid $8.2 million of dividends while maintaining a strong balance sheet. At June 30, 2026, cash was $195.0 million and total debt was $262.7 million. Mr. Hureau added, "We ended the quarter with a strong liquidity position, supported by substantial cash balances and available borrowing capacity under our recently renewed credit facility. That flexibility allowed us to invest in organic growth, fund the Petersen acquisition and repurchase shares opportunistically during the first half of the year. We remain committed to a balanced capital allocation approach that prioritizes investment in organic growth and strategic acquisitions while returning capital to shareholders. We look forward to discussing our results and outlook in greater detail during our upcoming Earnings Conference Call." Earnings Conference Call The Company will host a conference call to discuss the results on Tuesday, August 4, 2026, 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 Tuesday, August 11, 2026, by dialing 1-855-669-9658 (domestic) or 1-412-317-0088 (international), passcode 7509167. The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events and Presentations") on Tuesday, August 4, 2026, beginning at 10:00 a.m. ET. The online replay will follow shortly after the call ends and will be archived on the Company's website for 60 days. About Alamo Group Alamo Group is a leader in the manufacture and sale of high-quality, purpose-built industrial and vegetation management equipment. We serve end-markets such as infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture and tree care. Our products are sold to independent equipment dealers and directly to contractors and municipalities. Product categories include vocational products (vacuum trucks, street sweepers, roadside safety equipment, excavators, and snow removal equipment) and light machinery (tractor mounted mowing equipment, land maintenance and recycling equipment) as well as related after-market parts and services. The Company operates two divisions: the Industrial Equipment Division and the Vegetation Management Division. Founded in 1969, the Company has approximately 3,800 employees and operates 27 manufacturing facilities in the United States, Canada, Europe, Brazil and Australia. The corporate offices of Alamo Group Inc. are located in Seguin, Texas. Forward Looking Statements This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade disputes, and the effects of the wars in Ukraine and the Middle East, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date. (Tables Follow) Alamo Group Inc. Non-GAAP Financial Measures Reconciliation From time to time, Alamo Group Inc. may disclose certain "Non-GAAP financial measures" in the course of its earnings releases, earnings conference calls, financial presentations and otherwise. For these purposes, "GAAP" refers to generally accepted accounting principles in the United States. The Securities and Exchange Commission (SEC) defines a "non-GAAP financial measure" as a numerical measure of historical or future financial performance, financial position, or cash flows that is subject to adjustments that effectively exclude or include amounts from the most directly comparable measure calculated and presented in accordance with GAAP. Non-GAAP financial measures disclosed by Alamo Group are provided as additional information to investors in order to provide them with greater transparency about, or an alternative method for assessing, our financial condition and operating results. These measures are not in accordance with, or a substitute for, GAAP and may be different from, or inconsistent with, non-GAAP financial measures used by other companies. Whenever we refer to a non-GAAP financial measure, we will also generally present the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure. Attachment 1 discloses non-GAAP measures such as Adjusted Operating Income, Adjusted Net Income and Adjusted Fully Diluted EPS, and adjusts for certain items that the management believes are not indicative of underlying performance. Adjusted Operating Income accounts for these impacts on a pre-tax basis and Adjusted Net Income and Adjusted Fully Diluted EPS are calculated on an after-tax basis. Management believes isolating certain items from the core operating performance improves comparability across periods, and reflects how management plans and assesses the business. Attachment 2 shows a reconciliation of Earnings Before Interest, Taxes, Depreciation, and Amortization ("EBITDA") and Adjusted EBITDA. Attachment 3 reflects Division performance inclusive of non-GAAP financial measures such as Backlog, Adjusted Operating Income, Earnings Before Interest, Tax, Depreciation and Amortization ("EBITDA") and Adjusted EBITDA. Attachment 4 shows the net change in our total debt net of cash and discloses a non-GAAP financial presentation related to the impact of currency translation on net sales by division. View original content:https://www.prnewswire.com/news-releases/alamo-group-announces-financial-results-for-the-second-quarter-2026-302841581.html

Specialized equipment manufacturer for infrastructure and vegetation management Alamo Group (NYSE:ALG) will be reporting earnings this Monday after the bell. Here’s what investors should know. Alamo beat analysts’ revenue expectations last quarter, reporting revenues of $417.1 million, up 6.7% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ EBITDA and EPS estimates. Is Alamo a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Alamo’s revenue to grow 4.4% year on year, improving from its flat revenue in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Alamo has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Alamo’s peers in the heavy machinery segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Lindsay’s revenues decreased 5.1% year on year, missing analysts’ expectations by 5.1%, and AGCO reported flat revenue, falling short of estimates by 4.9%. Lindsay traded down 2.9% following the results while AGCO was also down 12.1%. Read our full analysis of Lindsay’s results here and AGCO’s results here. Over the last year or so, investors' attention has moved from one major market theme to the next, spanning AI disruption and surging infrastructure investment to geopolitical tensions, interest rates, and the health of the broader economy. While some of the heavy machinery stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. Alamo is down 6.9% during the same time and is heading into earnings with an average analyst price target of $209.80 (compared to the current share price of $159.08). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.

SEGUIN, Texas, July 21, 2026 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the second quarter of 2026 after the market closes on Monday, August 3, 2026. The Company will host a conference call to discuss the results on Tuesday, August 4, 2026, 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 Tuesday, August 11, 2026, by dialing 1-855-669-9658 (domestic) or 1-412-317-0088 (international), passcode 7509167. The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events and Presentations") on Tuesday, August 4, 2026, beginning at 10:00 a.m. ET. The online replay will follow shortly after the call ends and will be archived on the Company's website for 60 days. About Alamo Group Alamo Group is a leader in the manufacture and sale of high-quality, purpose-built industrial and vegetation management equipment. We serve end-markets such as infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture and tree care. Our products are sold to independent equipment dealers and directly to contractors and municipalities. Product categories include vocational products (vacuum trucks, street sweepers, roadside safety equipment, excavators, and snow removal equipment) and light machinery (tractor mounted mowing equipment, land maintenance and recycling equipment) as well as related after-market parts and services. The Company operates two divisions: the Industrial Equipment Division and the Vegetation Management Division. Founded in 1969, the Company has approximately 3,800 employees and operates 27 manufacturing facilities in North America, Canada, Europe, Brazil and Australia. The corporate offices of Alamo Group Inc. are located in Seguin, Texas. Forward Looking Statements This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade wars, and the effects of the war in the Ukraine and the Middle East, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date. View original content:https://www.prnewswire.com/news-releases/alamo-group-inc-announces-second-quarter-2026-earnings-conference-call-302831231.html

SEGUIN, Texas, July 1, 2026 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.34 per share. Payment of the July dividend will be made on July 29, 2026, to shareholders of record at the close of business on July 16, 2026. About Alamo GroupAlamo Group is a leader in the manufacture and sale of high-quality, purpose-built industrial and vegetation management equipment. We serve end-markets such as infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture and tree care. Our products are sold to independent equipment dealers and directly to contractors and municipalities. Product categories include vocational products (vacuum trucks, street sweepers, roadside safety equipment, excavators, and snow removal equipment) and light machinery (tractor mounted mowing equipment, land maintenance and recycling equipment) as well as related after-market parts and services. The Company operates two divisions: the Industrial Equipment Division and the Vegetation Management Division. Founded in 1969, the Company has approximately 3,800 employees and operates 27 manufacturing facilities in North America, Canada, Europe, Brazil and Australia. The corporate offices of Alamo Group Inc. are located in Seguin, Texas. Forward Looking StatementsThis release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade wars, and the effects of the war in the Ukraine and the Middle East, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date. View original content:https://www.prnewswire.com/news-releases/alamo-group-inc-declares-regular-quarterly-dividend-302816214.html

Looking back on agricultural machinery stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Alamo (NYSE:ALG) and its peers. Agricultural machinery companies are investing to develop and produce more precise machinery, automated systems, and connected equipment that collects analyzable data to help farmers and other customers improve yields and increase efficiency. On the other hand, agriculture is seasonal and natural disasters or bad weather can impact the entire industry. Additionally, macroeconomic factors such as commodity prices or changes in interest rates–which dictate the willingness of these companies or their customers to invest–can impact demand for agricultural machinery. The 6 agricultural machinery stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 1.8% while next quarter’s revenue guidance was in line. While some agricultural machinery stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.2% since the latest earnings results. Expanding its markets through acquisitions since its founding, Alamo (NYSE:ALG) designs, manufactures, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural use. Alamo reported revenues of $417.1 million, up 6.7% year on year. This print exceeded analysts’ expectations by 4.8%. Overall, it was a stunning quarter for the company with an impressive beat of analysts’ EBITDA estimates. Robert Hureau, Alamo Group's President, and Chief Executive Officer commented, "We are pleased with the financial results for the first quarter and we believe there is good momentum across many of our key initiatives aimed at creating long-term value for our employees and shareholders." Alamo achieved the biggest analyst estimate beat of the whole group. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 8.1% since reporting and currently trades at $153.76. Is now the time to buy Alamo? Access our full analysis of the earnings results here, it’s free. Revolutionizing agriculture with the first self-polishing cast-steel plow in the 1800s, Deere (NYSE:DE) manufactures and distributes advanced agricultural, construction, forestry, and turf care equipment. Deere reported revenues of $13.37 billion, up 4.7% year on year, outperforming analysts’ expectations by 2.5%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA estimates. The market seems content with the results as the stock is up 3.3% since reporting. It currently trades at $578.74. Is now the time to buy Deere? Access our full analysis of the earnings results here, it’s free. A pioneer in the field of center pivot and lateral move irrigation, Lindsay (NYSE:LNN) provides a variety of proprietary water management and road infrastructure products and services. Lindsay reported revenues of $157.7 million, down 15.7% year on year, falling short of analysts’ expectations by 4.2%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue and adjusted operating income estimates. Lindsay delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 1.5% since the results and currently trades at $115.44. Read our full analysis of Lindsay’s results here. With a history that features both organic growth and acquisitions, AGCO (NYSE:AGCO) designs, manufactures, and sells agricultural machinery and related technology. AGCO reported revenues of $2.34 billion, up 14.3% year on year. This result beat analysts’ expectations by 3.8%. Overall, it was a stunning quarter as it also recorded a beat of analysts’ EPS and EBITDA estimates. AGCO delivered the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is down 7.2% since reporting and currently trades at $112.58. Read our full, actionable report on AGCO here, it’s free. Ceasing all production to support the war effort during World War II, Toro (NYSE:TTC) offers outdoor equipment for residential, commercial, and agricultural use. The Toro Company reported revenues of $1.42 billion, up 8.1% year on year. This number surpassed analysts’ expectations by 2.1%. It was an exceptional quarter as it also logged a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ adjusted operating income estimates. The stock is flat since reporting and currently trades at $90.77. Read our full, actionable report on The Toro Company here, it’s free. Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure? These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory’s analyst team — all seasoned professional investors — uses quantitative analysis and automation to deliver market-beating insights faster and with higher quality.

Alamo’s first quarter was marked by revenue and adjusted profit that surpassed Wall Street expectations, with the market responding positively. Management attributed this performance to improved sales and operational efficiencies, particularly in the Vegetation Management division, and highlighted the successful integration of recent acquisitions. CEO Robert Hureau noted, “Vegetation Management margins improved meaningfully on a sequential basis,” reflecting progress in manufacturing throughput and cost controls. The Industrial Equipment division also benefited from robust order patterns in snow and excavator businesses, though snow sales were deliberately reduced for margin quality. Is now the time to buy ALG? Find out in our full research report (it’s free). Revenue: $417.1 million vs analyst estimates of $398 million (6.7% year-on-year growth, 4.8% beat) Adjusted EPS: $2.56 vs analyst estimates of $2.20 (16.2% beat) Adjusted EBITDA: $59.32 million vs analyst estimates of $51.7 million (14.2% margin, 14.7% beat) Operating Margin: 10.1%, down from 11.4% in the same quarter last year Market Capitalization: $1.99 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Christopher Moore (CJS Securities) asked about the puts and takes behind organic growth in Industrial Equipment. CEO Robert Hureau explained that organic sales are expected to be flat to up low single digits, driven by a normalization after several years of double-digit growth, with acquisitions as the primary growth driver. Christopher Moore (CJS Securities) questioned margin improvement in Vegetation Management. Hureau described progress in manufacturing efficiencies but signaled a cautious outlook due to rising input costs and softening agricultural trends, even as sequential margin improvement is expected through the year. Michael Shlisky (D.A. Davidson) inquired about the impact of the snow business’s sales strategy and delayed orders. Hureau noted the deliberate shift to higher-margin sales and affirmed strong order patterns and improved lead times, with profitability trending positively. Joseph Grabowski (Baird) sought details on Petersen integration. Hureau reported smooth cultural and operational integration, citing early commercial synergies, especially in dealer expansion and chassis purchasing, with no major issues observed. Gregory Burns (Sidoti & Company) probed the sustainability of ag market growth versus cautious external indicators. Hureau acknowledged robust year-over-year ag orders but flagged a recent shift in customer tone and external data, prompting a more cautious stance moving forward. In the coming quarters, the StockStory team will be watching (1) the pace of operational improvements and margin recovery in Vegetation Management, (2) tangible synergies and sales expansion from the Petersen and Ring-O-Matic acquisitions, and (3) adoption and commercial success of new products like the Wide Wing snow plow and hybrid sweepers. Ongoing input cost trends and tariff developments will also be critical markers for Alamo’s near-term performance. Alamo currently trades at $164.13, down from $167.39 just before the earnings. Is there an opportunity in the stock?Find out in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum - both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks - FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.