Research Analysts Offer Predictions for CMCO FY2026 Earnings

Columbus McKinnon Co. (NASDAQ:CMCO - Free Report) - Stock analysts at DA Davidson decreased their FY2026 earnings estimates for Columbus McKinnon in a research report issued to clients and investors on Thursday, April 10th. DA Davidson analyst M. Summerville now anticipates that the industrial products company will earn $2.52 per share for the year, down from their prior estimate of $2.70. DA Davidson currently has a "Neutral" rating and a $35.00 target price on the stock. The consensus estimate for Columbus McKinnon's current full-year earnings is $2.69 per share.

Columbus McKinnon (NASDAQ:CMCO - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The industrial products company reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.18). Columbus McKinnon had a return on equity of 8.64% and a net margin of 0.95%.

Separately, StockNews.com cut shares of Columbus McKinnon from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th.

Columbus McKinnon Stock Performance

Columbus McKinnon stock traded down $0.56 on Friday, hitting $13.00. The company's stock had a trading volume of 100,130 shares, compared to its average volume of 320,592. The company has a fifty day moving average price of $17.92 and a 200-day moving average price of $29.91. The firm has a market cap of $371.97 million, a P/E ratio of 39.39 and a beta of 1.26. Columbus McKinnon has a one year low of $11.78 and a one year high of $45.84. The company has a quick ratio of 1.10, a current ratio of 2.03 and a debt-to-equity ratio of 0.50.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of CMCO. Isthmus Partners LLC boosted its holdings in Columbus McKinnon by 0.5% in the fourth quarter. Isthmus Partners LLC now owns 69,246 shares of the industrial products company's stock valued at $2,579,000 after acquiring an additional 378 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Columbus McKinnon by 2.6% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 22,309 shares of the industrial products company's stock worth $831,000 after buying an additional 561 shares during the period. Cascade Investment Advisors Inc. raised its stake in shares of Columbus McKinnon by 1.8% during the fourth quarter. Cascade Investment Advisors Inc. now owns 33,110 shares of the industrial products company's stock worth $1,233,000 after buying an additional 590 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Columbus McKinnon by 12.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,129 shares of the industrial products company's stock valued at $265,000 after buying an additional 806 shares during the period. Finally, Sterling Capital Management LLC grew its holdings in Columbus McKinnon by 810.0% during the 4th quarter. Sterling Capital Management LLC now owns 910 shares of the industrial products company's stock worth $34,000 after acquiring an additional 810 shares during the period. 95.96% of the stock is currently owned by institutional investors.

Insider Activity at Columbus McKinnon

In related news, Director Chad R. Abraham bought 20,000 shares of the company's stock in a transaction on Monday, March 3rd. The stock was bought at an average cost of $16.05 per share, with a total value of $321,000.00. Following the completion of the purchase, the director now owns 20,000 shares in the company, valued at approximately $321,000. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Christopher J. Stephens purchased 5,000 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was bought at an average cost of $20.27 per share, with a total value of $101,350.00. Following the acquisition, the director now owns 11,014 shares of the company's stock, valued at $223,253.78. This represents a 83.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 27,819 shares of company stock valued at $473,064 in the last ninety days. Insiders own 1.98% of the company's stock.

Columbus McKinnon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Friday, May 2nd will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Friday, May 2nd. Columbus McKinnon's dividend payout ratio (DPR) is currently 84.85%.

About Columbus McKinnon

Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.