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Alamo Group ( (ALG) ) has shared an update.
On August 14, 2025, Alamo Group‘s Board of Directors approved the appointment of Robert P. Hureau as the new President and CEO, effective September 2, 2025. Hureau, with a strong background in the industrial and life science sectors, succeeds Jeffery A. Leonard, who will retire on September 1, 2025. The transition is part of a strategic succession plan aimed at continuing the company’s growth trajectory. Hureau’s appointment is expected to bring additional growth and profitability, leveraging his experience in scaling businesses and executing successful mergers and acquisitions.
The most recent analyst rating on (ALG) stock is a Buy with a $260.00 price target. To see the full list of analyst forecasts on Alamo Group stock, see the ALG Stock Forecast page.
Spark’s Take on ALG Stock
According to Spark, TipRanks’ AI Analyst, ALG is a Neutral.
Alamo Group’s strong financial performance and positive earnings call sentiment are significant strengths, contributing to a solid overall score. However, the lack of technical analysis data and moderate valuation metrics slightly temper the outlook.
To see Spark’s full report on ALG stock, click here.
More about Alamo Group
Alamo Group is a leader in the design, manufacture, distribution, and service of high-quality equipment for vegetation management, infrastructure maintenance, and other applications. Their products include truck and tractor-mounted mowing equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, industrial equipment, agricultural implements, forestry equipment, and related aftermarket parts and services. Founded in 1969, the company operates 27 plants across North America, Europe, Australia, and Brazil.
Average Trading Volume: 111,574
Technical Sentiment Signal: Buy
Current Market Cap: $2.69B
See more data about ALG stock on TipRanks’ Stock Analysis page.