Barrington Research restated their outperform rating on shares of Climb Global Solutions (NASDAQ:CLMB – Free Report) in a research note published on Monday morning,Benzinga reports. The firm currently has a $136.00 price objective 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 Price Performance
Shares of CLMB stock opened at $128.53 on Monday. The firm has a market cap of $593.81 million, a P/E ratio of 26.67, a PEG ratio of 2.02 and a beta of 1.01. Climb Global Solutions has a 1-year low of $83.86 and a 1-year high of $144.99. The firm’s 50-day simple moving average is $107.03 and its 200-day simple moving average is $111.37.
Climb Global Solutions (NASDAQ:CLMB – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.49. The business had revenue of $159.28 million for the quarter, compared to analyst estimates of $113.25 million. Climb Global Solutions had a net margin of 3.82% and a return on equity of 29.16%. Analysts expect that Climb Global Solutions will post 4.14 earnings per share for the current fiscal year.
Climb Global Solutions Dividend Announcement
Institutional Trading of Climb Global Solutions
A number of institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Climb Global Solutions by 4.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,391 shares of the company’s stock worth $303,000 after purchasing an additional 96 shares in the last quarter. Summit Investment Advisors Inc. grew its position 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 acquiring an additional 97 shares in the last quarter. Northern Trust Corp grew its position in Climb Global Solutions by 0.3% in the fourth quarter. Northern Trust Corp now owns 48,768 shares of the company’s stock valued at $6,181,000 after acquiring an additional 137 shares in the last quarter. Geode Capital Management LLC grew its position in Climb Global Solutions by 0.3% in the second quarter. Geode Capital Management LLC now owns 93,259 shares of the company’s stock valued at $9,972,000 after acquiring an additional 259 shares in the last quarter. Finally, Rhumbline Advisers grew its position in Climb Global Solutions by 6.0% in the first quarter. Rhumbline Advisers now owns 4,960 shares of the company’s stock valued at $549,000 after acquiring an additional 282 shares in the last quarter. Institutional investors and hedge funds own 49.72% of the company’s stock.
About Climb Global Solutions
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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