Heartland Advisors Inc. Purchases Shares of 544,750 Columbus McKinnon Corporation $CMCO

Posted by George Bondi on Aug 22nd, 2026

Heartland Advisors Inc. purchased a new stake in Columbus McKinnon Corporation (NASDAQ:CMCO – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 544,750 shares of the industrial products company’s stock, valued at approximately $8,242,000.

Several other large investors have also recently made changes to their positions in the stock. Sei Investments Co. raised its position in Columbus McKinnon by 89.5% in the first quarter. Sei Investments Co. now owns 186,969 shares of the industrial products company’s stock valued at $2,717,000 after purchasing an additional 88,285 shares during the period. First Eagle Investment Management LLC acquired a new position in Columbus McKinnon during the fourth quarter worth $2,465,000. Renaissance Technologies LLC lifted its stake in Columbus McKinnon by 232.5% during the first quarter. Renaissance Technologies LLC now owns 369,323 shares of the industrial products company’s stock worth $5,366,000 after purchasing an additional 258,238 shares in the last quarter. Bernzott Capital Advisors boosted its position in shares of Columbus McKinnon by 83.0% during the fourth quarter. Bernzott Capital Advisors now owns 540,807 shares of the industrial products company’s stock worth $9,329,000 after buying an additional 245,222 shares during the period. Finally, Van Den Berg Management I Inc. boosted its position in shares of Columbus McKinnon by 26.2% during the first quarter. Van Den Berg Management I Inc. now owns 478,328 shares of the industrial products company’s stock worth $6,950,000 after buying an additional 99,309 shares during the period. 95.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP John R. Linker purchased 7,500 shares of the business’s stock in a transaction on Friday, July 31st. The shares were bought at an average price of $19.67 per share, for a total transaction of $147,525.00. Following the acquisition, the executive vice president directly owned 7,500 shares in the company, valued at $147,525. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher J. Stephens purchased 2,750 shares of Columbus McKinnon stock in a transaction on Thursday, August 20th. The stock was bought at an average cost of $17.14 per share, for a total transaction of $47,135.00. Following the transaction, the director directly owned 22,317 shares in the company, valued at $382,513.38. This represents a 14.05% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.09% of the stock is owned by corporate insiders.

Columbus McKinnon Stock Performance

Shares of CMCO stock opened at $17.62 on Friday. The company has a quick ratio of 1.00, a current ratio of 2.00 and a debt-to-equity ratio of 3.95. Columbus McKinnon Corporation has a 52 week low of $11.99 and a 52 week high of $24.40. The stock has a market capitalization of $508.51 million, a PE ratio of -2.36 and a beta of 1.37. The firm has a 50 day moving average of $16.11 and a two-hundred day moving average of $16.25.

Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.34. The business had revenue of $531.46 million for the quarter, compared to analyst estimates of $501.27 million. Columbus McKinnon had a positive return on equity of 10.02% and a negative net margin of 21.25%.The company’s revenue was up 125.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 earnings per share. Columbus McKinnon has set its FY 2027 guidance at 1.900-2.100 EPS. On average, research analysts predict that Columbus McKinnon Corporation will post 2.05 EPS for the current fiscal year.

Columbus McKinnon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, August 7th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, August 7th. Columbus McKinnon’s payout ratio is presently -3.75%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on CMCO shares. Weiss Ratings downgraded Columbus McKinnon from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, July 31st. Wall Street Zen cut Columbus McKinnon from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. JPMorgan Chase & Co. lifted their target price on Columbus McKinnon from $25.00 to $29.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Zacks Research raised Columbus McKinnon from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Finally, DA Davidson cut their price target on shares of Columbus McKinnon from $20.00 to $17.00 and set a “neutral” rating on the stock in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Columbus McKinnon has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

Check Out Our Latest Research Report on Columbus McKinnon

Columbus McKinnon Profile

(Free Report)

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.