FY2026 EPS Estimate for Columbus McKinnon Lowered by Analyst

Key Points

• DA Davidson has reduced its FY2026 earnings per share estimate for Columbus McKinnon to $2.45, down from $2.52, while the consensus estimate stands at $2.69.
• Columbus McKinnon will pay a quarterly dividend of $0.07 per share on August 18th, with a 2.0% yield.
• Institutional investors own 95.96% of Columbus McKinnon's stock, with various hedge funds recently adjusting their stakes in the company.

Columbus McKinnon Corporation (NASDAQ:CMCO - Free Report) - Analysts at DA Davidson dropped their FY2026 earnings per share estimates for shares of Columbus McKinnon in a research note issued to investors on Monday, August 4th. DA Davidson analyst M. Summerville now anticipates that the industrial products company will post earnings of $2.45 per share for the year, down from their previous estimate of $2.52. The consensus estimate for Columbus McKinnon's current full-year earnings is $2.69 per share.

Columbus McKinnon Trading Up 3.8%

CMCO stock opened at $14.27 on Wednesday. Columbus McKinnon has a 52 week low of $11.78 and a 52 week high of $41.05. The company has a market capitalization of $409.98 million, a PE ratio of -26.43 and a beta of 1.29. The company's 50-day simple moving average is $15.37 and its 200 day simple moving average is $18.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.01 and a current ratio of 1.85.

Columbus McKinnon (NASDAQ:CMCO - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.03. The business had revenue of $235.92 million during the quarter, compared to the consensus estimate of $230.88 million. Columbus McKinnon had a positive return on equity of 7.62% and a negative net margin of 1.63%.

Columbus McKinnon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, August 8th. Columbus McKinnon's dividend payout ratio (DPR) is -51.85%.

Hedge Funds Weigh In On Columbus McKinnon

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Columbus McKinnon by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 1,612,096 shares of the industrial products company's stock worth $60,034,000 after purchasing an additional 19,550 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Columbus McKinnon by 13.5% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,547,958 shares of the industrial products company's stock worth $57,646,000 after acquiring an additional 184,615 shares during the period. Invesco Ltd. boosted its position in shares of Columbus McKinnon by 177.5% during the 1st quarter. Invesco Ltd. now owns 1,263,320 shares of the industrial products company's stock worth $21,388,000 after acquiring an additional 808,110 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in Columbus McKinnon by 37.5% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 975,355 shares of the industrial products company's stock valued at $16,513,000 after acquiring an additional 266,020 shares during the last quarter. Finally, Systematic Financial Management LP raised its position in Columbus McKinnon by 6.0% during the fourth quarter. Systematic Financial Management LP now owns 829,080 shares of the industrial products company's stock valued at $30,875,000 after purchasing an additional 46,806 shares in the last quarter. 95.96% of the stock is owned by institutional investors and hedge funds.

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.

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