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Close of Nov 06, 2026 · end-of-day data
ALG 8-K filings, explained
Every material Form 8-K Alamo has filed with the SEC since August 06, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Alamo Group reported third-quarter 2026 net sales of $403.1 million, down 4.0%, and GAAP net income of $2.0 million, or $0.17 per diluted share, versus $25.4 million, or $2.10, a year earlier. Results include $33.3 million of net pre-tax charges tied to the sale and wind-down of several businesses, including Dixie Chopper and Boxer, and the company also completed its $158.7 million acquisition of Econ Engineering Group on October 27, 2026.
Q3 2026 net sales were $403.1 million, down 4.0% from $420.0 million; adjusted diluted EPS was $2.06 versus $2.34 a year earlier.
Net income was $2.0 million versus $25.4 million in Q3 2025, including $33.3 million of net pre-tax divestiture charges.
Industrial Equipment Division adjusted EBITDA margin fell to 13.4% from 15.5%, while Vegetation Management margin rose to 12.5% from 9.7%.
Econ Engineering Group, a U.K. roadway maintenance truck maker, was acquired on October 27, 2026 for £120.0 million ($158.7 million), funded with revolver borrowings; backlog at September 30, 2026 was $521.3 million versus $618.3 million a
Alamo Group Inc. completed its acquisition of Econ Engineering Group Limited, a UK manufacturer of roadway maintenance trucks and equipment, on October 27, 2026, for approximately £120 million, or about $158.7 million, subject to post-closing adjustments. The purchase was funded through the company's revolving credit facility, and Econ becomes part of the Industrial Equipment Division. The filing does not provide Alamo Group's own financial results or the deal's expected effect on its earnings.
Purchase price: approximately £120 million, or about $158.7 million, subject to post-closing adjustments.
Closing date: October 27, 2026, the same day the purchase agreement was announced.
Econ's fiscal year ended March 31, 2026: approximately $88 million of net sales and $38.5 million of Adjusted EBITDA.
Funding: Alamo Group's revolving credit facility; D.A. Davidson MCF International was financial advisor.
Alamo Group said on September 29, 2026 that, as part of a review of its product portfolio, it will stop producing its Dixie Chopper branded line. The company estimates $15.0 million to $20.0 million in charges in the third quarter of 2026, including $1.0 million to $4.0 million in cash costs for inventory returns, purchase commitments and related items. The charges are estimates that depend on factors such as the net realizable value of inventory and equipment returns, and the company may record other unanticipated charges.
Company will cease production of its Dixie Chopper branded product line, decided September 29, 2026
Estimated total charges of $15.0 million to $20.0 million expected in the third quarter of 2026
Approximately $1.0 million to $4.0 million of the charges are expected to be cash expenditures
Estimates are subject to assumptions and may change; additional charges are possible
Alamo Group said on September 8, 2026 that it will stop producing its Boxer branded line of products as part of an ongoing review of its product portfolio. The company estimates approximately $7.0 million to $10.0 million in charges in the third quarter of 2026, and does not expect material cash expenditures tied to the impairment charges.
Decision to cease production of the Boxer branded product line made September 8, 2026
Estimated charges of approximately $7.0 million to $10.0 million, expected in the third quarter of 2026
Company does not expect material cash expenditures; estimates depend on inventory and equipment net realizable value and may change
Alamo Group's Executive Vice President and Head of Corporate Development, Edward T. Rizzuti, notified the company on August 7, 2026 that he will retire on September 11, 2026. The company says the retirement is not due to any disagreement over operations, financial reporting, or accounting practices, and Rizzuti will then serve as a consultant through December 31, 2026 on corporate development matters such as acquisitions and divestitures.
Retirement effective September 11, 2026; notice given August 7, 2026
Consulting Agreement dated August 10, 2026, starts September 14, 2026 and expires December 31, 2026
Company will pay $20,000 per month, pro-rated for September, plus reasonable expenses
Alamo Group reported second-quarter 2026 net sales of $450.7 million, up 7.6% from a year earlier, with Industrial Equipment sales up 12.8%. GAAP diluted EPS was $2.55, nearly flat against $2.57, while adjusted diluted EPS rose 7.2% to $2.82 after excluding items such as restructuring expenses. The Board also adopted amended and restated bylaws effective July 30, 2026, which update shareholder nomination and proposal procedures and address director interests in transactions.
Net sales were $450.7 million, up from $419.1 million; Industrial Equipment Division sales rose 12.8% to $271.6 million.
Net income was $30.9 million, down from $31.1 million; diluted EPS was $2.55 versus $2.57.
Adjusted diluted EPS was $2.82 versus $2.63, an increase of 7.2%; restructuring expenses were $4.0 million versus $0.6 million.
Amended and restated bylaws took effect July 30, 2026, covering director nominations, director compensation and transactions where a director has an interest.
Alamo Group Inc. said Greg Lucas, formerly CAO and CFO at Thermon Group, accepted a role as Vice President, Corporate Controller and Chief Accounting Officer, and he will become principal accounting officer, replacing Agnes Kamps in that role. Kamps remains Executive Vice President and Chief Financial Officer. The change affects who signs as principal accounting officer, and the filing lists his base salary and incentive terms.
Greg Lucas, 50, is expected to start on or before August 10, 2026, subject to pre-employment screening.
Lucas replaces Agnes Kamps as principal accounting officer; Kamps stays on as EVP and Chief Financial Officer.
Lucas will receive a $335,000 annual base salary, a 40% incentive plan target pro-rated for 2026, and $200,000 in initial restricted stock awards.
The filing says the company is not aware of related party transactions involving Lucas.
On May 27, 2026, Alamo Group Inc. entered into a Fourth Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent, allowing borrowings of up to $602,500,000. The company has already borrowed $202,500,000 under a term facility, and up to $400,000,000 is available under a revolving facility, with both expiring May 27, 2031. The agreement adds direct debt obligations that carry interest at variable rates and require the company to meet a maximum net leverage ratio and a minimum fixed charge coverage ratio.
Total availability up to $602,500,000; $202,500,000 already borrowed under the term facility
Up to $400,000,000 available under the revolving facility, with commitment fees of 0.125% to 0.30% on unused amounts
Term facility requires equal quarterly principal payments of $1,265,625; facilities expire May 27, 2031
Interest at Term SOFR or base rate plus a margin of 1.25% to 2.25% for SOFR borrowings, based on net leverage
Alamo Group said Richard H. Raborn, Executive Vice President of its Vegetation Management Division, will retire on May 29, 2026. Under a letter agreement, subject to a release of claims, he will receive payments equal to his $536,000 base salary, paid over the twelve months after his last day. The company said the separation is not tied to any disagreement about operations, financial reporting or accounting.
Richard H. Raborn, EVP of the Vegetation Management Division, retires May 29, 2026
Severance-type payment equal to his current base salary of $536,000, paid over twelve months
Filing states the departure is not due to any disagreement on operations, financial reporting or accounting
Alamo Group reported first quarter 2026 net sales of $417.1 million, up 6.7% from the prior-year quarter, while net income fell to $29.2 million and diluted EPS fell to $2.41 from $2.64. Operating cash flow was negative $23.5 million for the quarter, and the company said it closed the Petersen acquisition, so shareholders face higher sales alongside lower profit and a cash outflow.
Net sales were $417.1 million, up 6.7% from $391.0 million in Q1 2025
Diluted EPS was $2.41 versus $2.64; adjusted diluted EPS was $2.56 versus $2.70
Adjusted EBITDA was $59.3 million, or 14.2% of net sales, up from $58.3 million in Q1 2025
Operating cash flow was negative $23.5 million; debt net of cash was $95.2 million at March 31, 2026
Alamo Group reported fourth quarter 2025 net sales of $373.7 million, down 3.0% from a year earlier, and fully diluted EPS of $1.28 versus $2.33. For the full year, net sales fell 1.5% to $1,603.7 million and diluted EPS fell to $8.59 from $9.63, while the company raised its quarterly dividend 13.3% to $0.34 per share.
Q4 2025 adjusted fully diluted EPS was $1.70, compared with $2.39 in Q4 2024.
Vegetation Management Division Q4 net sales fell 13.2% to $138.7 million, and its adjusted EBITDA margin was 2.3%.
Industrial Equipment Division Q4 net sales rose 4.2% to $234.9 million, with adjusted EBITDA of $41.5 million.
The quarterly dividend increased from $0.30 to $0.34 per share, and the Petersen Industries acquisition closed in January 2026.
Alamo Group Inc. completed its acquisition of Petersen Industries, a maker of truck-mounted grapple loader equipment, on January 26, 2026. The total consideration was approximately $166.5 million on a cash-free, debt-free basis, subject to certain closing adjustments. The deal was first agreed on December 10, 2025, and the filing does not provide Petersen's revenue or earnings.
Total consideration paid was approximately $166,500,000, cash-free and debt-free, subject to closing adjustments
Agreement to acquire 100% of Petersen Industries signed December 10, 2025; closed January 26, 2026
Petersen manufactures truck-mounted grapple loader equipment for municipal and industrial customers
Acquisition was made through wholly-owned subsidiary Alamo Group (USA) Inc.
Alamo Group agreed to buy 100% of Petersen Industries, a Lake Wales, Florida maker of truck-mounted grapple loaders, for a purchase price of $166.5 million, subject to post-closing adjustments. The company expects to close in the first quarter of 2026, subject to governmental approvals including Hart-Scott-Rodino antitrust clearance, and will be financed with cash on hand and its credit facility. For shareholders, the filing discloses the price and terms but no effect on current earnings or guidance.
Total consideration is approximately $166.5 million, subject to post-closing adjustments; about $150 million after adjusting for the present value of expected tax benefits
Price represents approximately 7.9x EBITDA, not including expected positive run-rate synergies
Petersen had annual revenue of approximately $75 million in 2024
Closing expected in the first quarter of 2026, subject to Hart-Scott-Rodino approval and other customary conditions
Alamo Group's Board adopted a Nonqualified Deferred Compensation Plan effective January 1, 2026, allowing selected employees to receive discretionary contributions of up to 6% of base salary and bonus. The filing also says the company will credit the plan accounts of CFO Agnieszka K. Kamps and EVP Kevin J. Thomas with the actuarial present value of their terminated SERP accounts, which they would otherwise have forfeited.
Plan adopted November 6, 2025 and effective January 1, 2026
Discretionary contributions of up to 6% of base salary and bonus; participants include CEO Robert P. Hureau, CFO Agnieszka K. Kamps and EVP Kevin J. Thomas
Contributions generally vest 100% after three years of service, with earlier acceleration on a change in control
Kamps and Thomas receive an initial contribution equal to their SERP account value as of December 31, 2025 in recognition of the SERP's termination for new participants
Alamo Group reported third quarter 2025 net sales of $420.0 million, up 4.7% from a year earlier, while income from operations fell 6.3% to $37.5 million and diluted EPS fell to $2.10 from $2.28. Adjusted diluted EPS was $2.34 versus $2.38, and adjusted EBITDA was flat at $55.0 million. Shareholders see higher sales offset by lower profit, with the Industrial Equipment Division growing and the Vegetation Management Division declining.
Net sales rose 4.7% to $420.0 million; Industrial Equipment Division sales rose 17.0% to $247.0 million, while Vegetation Management Division sales fell 9.0% to $173.1 million.
Diluted EPS was $2.10, down $0.18 from $2.28; adjusted diluted EPS was $2.34, down $0.04 from $2.38.
Operating cash flow for the first nine months of 2025 was $102.4 million; total debt was $209.4 million and cash was $244.8 million at September 30, 2025.
The company will host a conference call on Friday, November 7, 2025, at 10:00 a.m. ET to discuss the results.
Alamo Group said Robert P. Hureau will become President and Chief Executive Officer effective September 2, 2025, succeeding Jeffery A. Leonard, who is retiring. Hureau previously served as CEO of American Trailer World and as CFO at Pharmaceutical Product Development and Sensata Technologies, and will also join the Board, which expands from eight to nine members.
Robert P. Hureau, age 58, becomes President and CEO on September 2, 2025, and joins the Board.
Hureau's offer letter sets a base salary of $975,000, a $200,000 sign-on bonus, and a target bonus of 110% of base salary.
Hureau's 2025 long-term equity award has a target grant value of $2,500,000, with a 2026 award targeted at $3,000,000.
Jeffery A. Leonard's retirement as CEO is scheduled for September 1, 2025; he remains President Emeritus until September 19, 2025.
Alamo Group reported second-quarter 2025 results for the quarter ended June 30, 2025, with net sales of $419.1 million, up 0.7% from a year earlier, and net income of $31.1 million, up 9.8%. Diluted EPS was $2.57 versus $2.35 a year earlier, though the company said an unfavorable currency revaluation reduced EPS by about $0.21 per share. The company did not give a numeric full-year outlook, saying it expects continued operating gains and plans to use its balance sheet for organic and inorganic growth.
Net sales $419.1 million, up 0.7% year over year; Industrial Equipment Division sales $240.7 million, up 17.6% organically; Vegetation Management Division sales $178.4 million, down 15.7%
Income from operations $47.1 million, or 11.2% of net sales, up 83 basis points from the second quarter of 2024
Diluted EPS $2.57 versus $2.35; currency revaluation reduced EPS by about $0.21 per share
Total debt net of cash reduced to $11.3 million from $175.1 million a year earlier; backlog $687.2 million at June 30, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
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