Alta Equipment Group, Inc. (ALTG)

Alta Equipment Group's stock experienced several events in the past six months. Q3 2025 earnings reported an EPS of -$1.31 and revenue of $422.60 million, both below estimates. Q2 2025 also showed a net loss of $(6.8) million and decreased revenues. The stock was down approximately 45% year-to-date as of August 2024. However, the stock price gained 10.03% on February 6, 2026, and was up 14.31% over the two weeks prior. The company announced common stock dividends on May 2, 2025, and February 3, 2025, and preferred stock dividends on April 3, 2025, and January 5, 2026. An announcement regarding a Board Observer was made on January 22, 2026.

Demand for Alta Equipment Group's products and services exhibits seasonality, particularly in the construction segment. Q2 2025 saw increased demand due to the construction season in northern regions, while Q3 2025 experienced a challenging environment with subdued capital investment. Involvement in infrastructure projects and the aggregate and mining industries helps provide reliable demand. October 2025 was the strongest month for equipment sales, particularly in the Construction Equipment segment.

Alta Equipment Group, Inc. is a North American industrial and construction equipment dealership platform that sells, rents, and services specialized equipment. The company operates through Material Handling, Construction Equipment, and Master Distribution segments, offering products like lift trucks, earthmoving equipment, crushing and screening equipment, cranes, and paving equipment. Alta also provides electric vehicle solutions and warehouse design and automation, serving industries such as manufacturing, construction, and waste management.

Alta Equipment Group has over 85 locations across 15 U.S. states (Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada, and Florida) and two Canadian provinces (Ontario and Quebec).

Alta Equipment Group's brand reputation has been impacted by fraudulent listings on Equipment Trader. The company issued a notice clarifying they do not use Equipment Trader for online sales and advising customers to verify authenticity. Alta emphasizes its dedication to world-class service and aims to be a leader in its markets, promoting environmentally friendly practices through electric and hybrid equipment options.

Alta Equipment Group Inc. has a diverse ownership structure including institutional investors and insiders. Institutional investors hold 23,738,927 shares, with major holders including Mill Road Capital Management LLC and Voss Capital, LLC. Insider ownership is also substantial, with varying reports indicating control of 83.35% or 27.94% of shares. The company was founded by the Greenawalt family, with Ryan Greenawalt currently serving as CEO and Chairman of the Board. There have been instances of insider buying.