ALG

Deere, Kubota, CNH, AGCO and Alamo have been highlighted in this Industry Outlook article.

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.

The Manufacturing - Farm Equipment industry stocks DE, KUBTY, CNH, AGCO and ALG are set to benefit from demand for agricultural machinery driven by the need to feed a growing global population.

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.

Investors looking for stocks in the Manufacturing - Farm Equipment sector might want to consider either Alamo Group (ALG) or Deere (DE). But which of these two companies is the best option for those looking for undervalued stocks?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The mean of analysts' price targets for Alamo Group (ALG) points to a 28.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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.

Investors looking for stocks in the Manufacturing - Farm Equipment sector might want to consider either Alamo Group (ALG) or Deere (DE). But which of these two companies is the best option for those looking for undervalued stocks?

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.