Welcome to our dedicated page for Alamo Group news (Ticker: ALG), a resource for investors and traders seeking the latest updates and insights on Alamo Group stock.
Alamo Group Inc. (ALG) manufactures specialized equipment for infrastructure maintenance, agriculture, and industrial applications, making the company's news particularly relevant for municipal equipment buyers, agricultural producers, and commercial contractors. Tracking Alamo Group news provides insights into municipal infrastructure spending trends, agricultural equipment demand cycles, and industrial machinery markets across North America, Europe, and international markets.
Financial results reveal performance across the company's Industrial and Agricultural divisions, showing which market segments drive growth and how municipal budgets, farm income levels, and construction activity affect equipment demand. Earnings announcements detail revenue trends in vegetation management equipment, street sweepers, agricultural implements, and industrial machinery categories. These reports help investors understand how infrastructure spending, commodity prices, and economic conditions influence equipment manufacturing businesses.
Acquisition announcements indicate Alamo Group's expansion strategy, as the company has completed approximately twenty-five acquisitions to broaden its product portfolio and geographic reach. News about acquisitions reveals which equipment categories and geographic markets the company targets for growth. Contract awards and major equipment orders signal customer spending trends in municipal, agricultural, and industrial segments.
Product development news highlights new equipment models, technology improvements, and features added to vegetation management, street cleaning, and agricultural implement product lines. Dividend declarations and capital allocation decisions demonstrate the company's financial stability and shareholder return priorities. This news page aggregates all developments affecting Alamo Group, helping investors and industry observers track the company's performance across its diversified equipment manufacturing operations.
Alamo Group (NYSE: ALG) announced a higher regular quarterly dividend: the Board declared a dividend of $0.34 per share, an increase of $0.04 per share (more than 13%).
The company framed the raise as part of its disciplined capital allocation strategy and consistent annual dividend increases, citing confidence in the business. Payment is scheduled for January 29, 2026 to shareholders of record at the close of business on January 16, 2026.
Alamo Group (NYSE: ALG) signed a definitive agreement to acquire Petersen Industries for a purchase price of $166.5 million, subject to customary post-closing adjustments, financed with cash on hand and availability under Alamo Group's credit facility. Adjusted for expected tax benefits, the present value purchase price is approximately $150 million, equal to ~7.9x EBITDA before expected run-rate synergies.
Petersen, based in Lake Wales, Florida, reported ~$75 million revenue in 2024 and will join Alamo's Industrial Equipment Division upon closing, which is anticipated in Q1 2026 subject to regulatory approval. The company expects the deal to be accretive to growth and margins and to provide recurring aftermarket revenue.
Alamo Group (NYSE: ALG) reported third-quarter 2025 results on November 6, 2025. Net sales rose 4.7% to $420.0M. Income from operations was $37.5M (8.9% of sales) and net income was $25.4M or $2.10 per diluted share. Adjusted EPS was $2.34 and Adjusted EBITDA was $55.0M (13.1% of sales), roughly flat year-over-year.
The Industrial Equipment Division delivered $247.0M in sales, up 17.0% (14.5% organic) with Adjusted EBITDA of $38.2M (15.5% margin). The Vegetation Management Division saw sales decline to $173.1M with Adjusted EBITDA of $16.8M (9.7% margin).
Operating cash flow for the nine months was $102.4M; total cash was $244.8M, total debt $209.4M, and revolver availability was $397.2M. A conference call is scheduled for November 7, 2025 at 10:00 a.m. ET.
Alamo Group (NYSE: ALG) will release its third quarter 2025 financial results after market close on Thursday, November 6, 2025. The company will host a conference call to discuss results on Friday, November 7, 2025 at 10:00 a.m. ET with senior management participating.
Dial-in numbers for the live call are 1-833-816-1163 (domestic) and 1-412-317-1898 (international). A replay is available through Friday, November 14, 2025 at 1-877-344-7529 (domestic) or 1-412-317-0088 (international), passcode 5234040. The live webcast and a replay will be accessible at www.alamo-group.com under Investor Relations and will be archived for 60 days.
Alamo Group (NYSE: ALG), a leader in vegetation management and infrastructure maintenance equipment, has declared a quarterly dividend of $0.30 per share. The dividend will be paid on October 28, 2025, to shareholders of record as of October 15, 2025.
The company, established in 1969, employs approximately 3,800 people and operates 27 plants across North America, Europe, Australia, and Brazil. Alamo Group manufactures various equipment including mowing machinery, street sweepers, snow removal equipment, excavators, vacuum trucks, and agricultural implements.
["Regular quarterly dividend maintained at $0.30 per share", "Strong global presence with 27 manufacturing plants across multiple continents", "Diversified product portfolio across multiple equipment segments"]Alamo Group (NYSE: ALG) has announced a significant leadership transition, with Robert P. Hureau appointed as the new President and Chief Executive Officer, effective September 2, 2025. Hureau will succeed Jeffery A. Leonard, who has served as CEO since 2021.
Hureau brings extensive executive experience from the industrial and life science sectors, most recently serving as CEO of American Trailer World (ATW). His track record includes successful mergers, acquisitions, and building innovation-focused cultures. Previously, he held executive positions at Pharmaceutical Product Development (PPD) and Sensata Technologies.
Alamo Group (NYSE: ALG) reported strong Q2 2025 results with net sales of $419.1 million, up 0.7% year-over-year. The company's Industrial Equipment Division showed impressive organic growth of 17.6% with sales of $240.7 million, while the Vegetation Management Division saw a 15.7% decline but improved 8.8% sequentially.
Net income reached $31.1 million ($2.57 per diluted share), up 9.8% from Q2 2024. Operating margin improved to 11.2%, an 83 basis point increase. The company maintains a strong backlog of $687.2 million and significantly reduced its net debt to just $11.3 million. During the quarter, ALG acquired Ring-O-Matic, expanding its vacuum excavation equipment portfolio.
The company expects continued operational improvements and growth through 2025, driven by strong Industrial Equipment Division performance and anticipated recovery in Vegetation Management.Alamo Group (NYSE:ALG) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7, 2025, at 8:30 a.m. ET. The company will release its financial results after market close on Wednesday, August 6, 2025.
Senior management will host the call, which investors can access by dialing 1-833-816-1163 (domestic) or 1-412-317-1898 (international). A replay will be available until August 14, 2025. The call will also be broadcast live on the company's website and archived for 60 days.
Alamo Group (NYSE: ALG) announced that its Board of Directors has declared a quarterly dividend of $0.30 per share. The dividend will be paid on July 29, 2025, to shareholders of record as of the close of business on July 16, 2025.
Alamo Group Inc. (NYSE: ALG) has completed the acquisition of Ring-O-Matic, Inc., a leading industrial vacuum excavation equipment manufacturer based in Pella, Iowa. The acquisition was funded using existing cash reserves and is subject to standard net working capital closing adjustments.
Ring-O-Matic, established in 1960, specializes in manufacturing trailer-mounted and custom truck-mounted excavation and vacuum units for applications including hydro excavation, utility infrastructure digging, trenching, sewer jetting, and storm drain cleaning. The company reported annual revenue of approximately $25 million in 2024.
The strategic acquisition aligns with Alamo Group's market share expansion strategy through successful business acquisitions that complement their current product offerings. The company expects to achieve both cost and revenue synergies through effective integration of Ring-O-Matic's product portfolio into their existing lineup.
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