Columbus McKinnon (NASDAQ:CMCO – Get Free Report)‘s stock had its “neutral” rating restated by research analysts at DA Davidson in a research note issued to investors on Friday,Benzinga reports. They currently have a $20.00 price target on the industrial products company’s stock. DA Davidson’s price objective indicates a potential upside of 44.10% from the stock’s current price.
A number of other analysts have also commented on the company. Zacks Research lowered Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Wall Street Zen cut Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Weiss Ratings cut Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. reduced their target price on Columbus McKinnon from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $23.50.
Check Out Our Latest Stock Report on CMCO
Columbus McKinnon Trading Down 1.4%
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The industrial products company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.12). The firm had revenue of $437.83 million during the quarter, compared to analyst estimates of $419.57 million. Columbus McKinnon had a return on equity of 7.41% and a net margin of 0.60%.Columbus McKinnon’s revenue for the quarter was up 77.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 earnings per share. Columbus McKinnon has set its FY 2027 guidance at 1.700-1.900 EPS. As a group, research analysts expect that Columbus McKinnon will post 1.89 EPS for the current fiscal year.
Institutional Investors Weigh In On Columbus McKinnon
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in Columbus McKinnon by 48.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,741 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 565 shares in the last quarter. Group One Trading LLC lifted its stake in Columbus McKinnon by 266.7% in the 3rd quarter. Group One Trading LLC now owns 2,200 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 1,600 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Columbus McKinnon by 66.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,500 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 1,000 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Columbus McKinnon by 267.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 1,893 shares in the last quarter. Finally, Royal Bank of Canada lifted its stake in Columbus McKinnon by 41.4% in the 4th quarter. Royal Bank of Canada now owns 3,136 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 918 shares in the last quarter. Institutional investors and hedge funds own 95.96% of the company’s stock.
Key Headlines Impacting Columbus McKinnon
Here are the key news stories impacting Columbus McKinnon this week:
- Positive Sentiment: Columbus McKinnon reported revenue of $437.8 million, above analyst estimates, and highlighted strong top-line momentum tied to its recent acquisition and integration progress. CMCO Q1 Deep Dive: Acquisition Drives Sales Surge, Margin Pressures Persist Amid Integration
- Positive Sentiment: The company raised FY2027 EPS guidance to $1.70-$1.90, slightly above the prior consensus view, which signals management sees earnings improving as integration benefits build. Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
- Neutral Sentiment: Fiscal 2026 results showed 20% order growth and 24% net sales growth, indicating healthy demand, but the market is waiting to see whether that growth converts into stronger margins and profits. Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
- Negative Sentiment: Adjusted EPS came in at $0.24, below consensus, reinforcing concerns that margin pressure and acquisition-related integration costs are weighing on profitability. Columbus McKinnon posts revenue beat despite earnings shortfall (CMCO)
- Negative Sentiment: Several earnings recaps emphasized “growth amid headwinds,” suggesting the stock may remain volatile until investors see clearer evidence that sales growth is translating into higher earnings. Columbus McKinnon Earnings Call: Growth Amid Headwinds
About Columbus McKinnon
Columbus McKinnon Corporation is a global designer, manufacturer and marketer of material handling systems and solutions. The company’s product portfolio spans electric and manual hoists, motorized and manual chain and wire rope hoists, end-of-arm tooling, rigging hardware, trolleys and controls. Through its brands, Columbus McKinnon serves customers across a wide range of end markets including manufacturing, warehousing, construction, and energy, providing equipment for lifting, positioning and flow control applications.
With a focus on safety and productivity, Columbus McKinnon integrates advanced technologies such as automation controls, digital load monitoring and Internet-of-Things connectivity into its hoist and crane systems.
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