Alta Equipment Group, Inc. (ALTG)

In the past six months, Alta Equipment Group's stock has experienced several notable events. As of April 27, 2026, the stock price had increased. The company announced its first-quarter 2026 earnings on May 7, 2026, reporting total revenues of $410.5 million and adjusted EBITDA of $28.1 million. Alta Equipment Group also held its Fourth Quarter and Year Ended 2025 Earnings Conference Call on February 26, 2026, and announced a preferred stock dividend on April 3, 2026.

Demand for Alta Equipment Group's products and services exhibits seasonality. The company's business typically sees a sequential increase from the first quarter as customers in northern regions launch into the construction season in the second quarter. Conversely, unusually harsh winter conditions can constrain field service activity, parts demand, and rental utilization in Midwest and Northeast markets. The Construction Equipment segment's demand remains stable, supported by fully funded state and federal infrastructure spending.

Alta Equipment Group, Inc. is a North American equipment dealership platform specializing in the sale, rental, and support of industrial and construction equipment, operating within the Industrials sector. The company's core business revolves around integrated equipment dealership platforms, offering a range of products including lift trucks, earthmoving equipment, and construction equipment. Alta Equipment Group operates through three primary segments: Material Handling, Construction Equipment, and Master Distribution.

Alta Equipment Group operates over 85 locations across various states in the U.S. and Canadian provinces. In the United States, its presence extends to Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada, and Florida. The company also has operations in the Canadian provinces of Ontario and Quebec.

Alta Equipment Group emphasizes building lasting customer relationships and delivering world-class service. The company has issued a notification regarding fraudulent listings on Equipment Trader from individuals impersonating Alta Equipment Group, Inc. Alta Equipment Group has stated that it does not use Equipment Trader for online equipment sales and advises contacting their legal team to confirm the authenticity of any advertisements.

Alta Equipment Group's ownership is distributed among institutional investors, company insiders, and the general public. Institutional investors hold a substantial majority of the stock. Company insiders hold a significant stake. Ryan Greenawalt, the CEO and Chairman, directly owns 16.7% of the company's shares. B. Riley Financial Inc. is a substantial shareholder.