Barrington Research reissued their outperform rating on shares of Climb Global Solutions (NASDAQ:CLMB - Free Report) in a research report report published on Monday,Benzinga reports. They currently have a $136.00 price target on the stock. Barrington Research also issued estimates for Climb Global Solutions' Q3 2025 earnings at $1.15 EPS and Q4 2025 earnings at $1.74 EPS.
Climb Global Solutions Stock Down 3.2%
CLMB stock traded down $4.01 during trading on Monday, hitting $119.61. The company had a trading volume of 19,921 shares, compared to its average volume of 54,030. The firm has a 50-day moving average price of $107.44 and a 200-day moving average price of $111.35. The stock has a market cap of $552.58 million, a price-to-earnings ratio of 24.80, a PEG ratio of 2.08 and a beta of 1.01. Climb Global Solutions has a 12 month low of $83.86 and a 12 month high of $144.99.
Climb Global Solutions (NASDAQ:CLMB - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.90 by $0.49. Climb Global Solutions had a net margin of 3.82% and a return on equity of 29.16%. The company had revenue of $159.28 million during the quarter, compared to analysts' expectations of $113.25 million. Equities analysts expect that Climb Global Solutions will post 4.14 EPS for the current year.
Climb Global Solutions Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 11th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, August 11th. Climb Global Solutions's dividend payout ratio is presently 14.11%.
Institutional Investors Weigh In On Climb Global Solutions
A number of institutional investors and hedge funds have recently modified their holdings of the company. Hilltop National Bank acquired a new stake in shares of Climb Global Solutions during the 2nd quarter worth approximately $35,000. Summit Investment Advisors Inc. increased its stake in Climb Global Solutions by 28.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 440 shares of the company's stock valued at $56,000 after purchasing an additional 97 shares in the last quarter. IFP Advisors Inc increased its stake in Climb Global Solutions by 183.3% in the second quarter. IFP Advisors Inc now owns 544 shares of the company's stock valued at $58,000 after purchasing an additional 352 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Climb Global Solutions by 200.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 477 shares of the company's stock valued at $60,000 after purchasing an additional 318 shares in the last quarter. Finally, Banque Transatlantique SA acquired a new position in shares of Climb Global Solutions during the first quarter valued at about $60,000. 49.72% of the stock is owned by institutional investors.
About Climb Global Solutions
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Climb Global Solutions Inc operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter.
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