Alico, Inc. (ALCO)

In April 2025, Alico announced an amendment to its credit agreement. In May 2025, the company reported a net loss for its second quarter but raised its land sales outlook. In August 2025, Alico reported a loss per share and missed revenue estimates for its third quarter, and Director Henry R. Slack sold shares. In October 2025, Weiss Ratings reiterated a "sell" rating for ALCO, and Alico was added to Zacks Rank #5 (Strong Sell) List and announced an amendment to its revolving line of credit with MetLife.

Historically, Alico's citrus operations were seasonal, with the majority of gross profit and cash flows recognized in the second and third fiscal quarters. With the wind-down of citrus operations, these seasonal patterns are expected to diminish. The company's new focus on diversified land management will introduce different seasonality dynamics, with agricultural leases subject to agricultural seasonality and real estate development influenced by broader economic cycles.

Alico, Inc. is an agribusiness and land management company based in Florida. The company is transitioning from citrus production to a diversified land company, winding down its Alico Citrus division after the 2025 harvest. Alico's focus is shifting towards land management and real estate development, with plans to lease land for non-citrus crops and develop a portion of its land holdings for commercial and residential purposes. The company also maintains operations in water resources and generates revenue from rock mining royalties.

Alico, Inc. owns approximately 51,300 to 53,371 acres of land and 48,700 acres of mineral rights, primarily located across eight counties in Florida: Collier, Charlotte, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company's headquarters are in Fort Myers, Florida.

Alico's brand reputation has been shaped by its strategic transformation and the challenges leading up to it. The decision to wind down citrus operations has been a major event, drawing attention to the environmental impact of land use changes. Concerns have been raised regarding the impact of development plans on the endangered Florida panther's habitat. Financial ratings have reflected a negative sentiment, with Weiss Ratings reiterating a "sell" rating and Zacks adding ALCO to its "Strong Sell" list in October 2025.

Institutional investors and hedge funds own a significant portion of Alico's stock, ranging from approximately 49.6% to 62.28%. Major institutional owners that have recently modified their holdings include Gate City Capital Management LLC, Peapod Lane Capital LLC, Accordant Advisory Group Inc, Oak Family Advisors LLC, Towerview LLC, Monaco Asset Management SAM, Prescott Group Capital Management L.L.C., PNC Financial Services Group Inc., Ellsworth Advisors LLC, Russell Investments Group Ltd., and Holt Capital Advisors L.L.C. Corporate insiders own approximately 8.30% of the company's stock.