Zacks Research Upgrades Columbus McKinnon (NASDAQ:CMCO) to “Strong-Buy”

Posted by Francis Steltz on Jun 12th, 2026

Columbus McKinnon (NASDAQ:CMCO – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

A number of other brokerages have also recently weighed in on CMCO. Wall Street Zen cut shares of Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. DA Davidson restated a “neutral” rating and issued a $20.00 price target on shares of Columbus McKinnon in a research note on Friday, June 5th. Weiss Ratings downgraded Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. dropped 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. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

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Columbus McKinnon Trading Up 10.2%

CMCO opened at $13.36 on Wednesday. The stock has a market cap of $385.17 million, a PE ratio of -2.44 and a beta of 1.38. The company has a quick ratio of 0.99, a current ratio of 2.02 and a debt-to-equity ratio of 3.38. The business has a 50 day moving average of $14.99 and a 200-day moving average of $17.09. Columbus McKinnon has a 52 week low of $11.99 and a 52 week high of $24.40.

Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last released its earnings results 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 analysts’ expectations of $419.57 million. Columbus McKinnon had a negative net margin of 19.23% and a positive return on equity of 7.09%. The company’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 EPS. Columbus McKinnon has set its FY 2027 guidance at 1.700-1.900 EPS. Equities research analysts predict that Columbus McKinnon will post 1.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CMCO. AQR Capital Management LLC lifted its holdings in shares of Columbus McKinnon by 32.4% during the first quarter. AQR Capital Management LLC now owns 123,498 shares of the industrial products company’s stock valued at $2,091,000 after purchasing an additional 30,255 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Columbus McKinnon by 5.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,847 shares of the industrial products company’s stock valued at $3,739,000 after acquiring an additional 10,780 shares during the last quarter. Russell Investments Group Ltd. increased its position in Columbus McKinnon by 1,222.6% during the second quarter. Russell Investments Group Ltd. now owns 17,696 shares of the industrial products company’s stock valued at $270,000 after acquiring an additional 16,358 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Columbus McKinnon during the second quarter valued at $1,658,000. Finally, Marshall Wace LLP purchased a new stake in Columbus McKinnon during the second quarter valued at $1,390,000. 95.96% of the stock is owned by institutional investors.

About Columbus McKinnon

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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.