Columbus McKinnon (NASDAQ:CMCO) Releases Q3 2026 Earnings Guidance

Columbus McKinnon (NASDAQ:CMCO) issued an update on its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.580-0.630 for the period, compared to the consensus EPS estimate of 0.570. The company issued revenue guidance of $250.0 million-$260.0 million, compared to the consensus revenue estimate of $241.7 million.

Columbus McKinnon Trading Up 3.6%

NASDAQ CMCO opened at $21.35 on Friday. The firm’s fifty day moving average price is $17.16 and its 200 day moving average price is $15.84. Columbus McKinnon has a 12 month low of $11.78 and a 12 month high of $37.81. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.81 and a quick ratio of 0.99. The company has a market capitalization of $613.39 million, a price-to-earnings ratio of 152.51 and a beta of 1.29.

Columbus McKinnon (NASDAQ:CMCO) last issued its quarterly earnings data on Thursday, October 30th. The industrial products company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. Columbus McKinnon had a return on equity of 7.33% and a net margin of 0.41%.The company had revenue of $261.05 million during the quarter, compared to analysts’ expectations of $240.63 million. During the same quarter in the previous year, the business earned $0.70 earnings per share. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, sell-side analysts expect that Columbus McKinnon will post 2.69 earnings per share for the current fiscal year.

Columbus McKinnon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, November 7th were given a dividend of $0.07 per share. The ex-dividend date was Friday, November 7th. This represents a $0.28 annualized dividend and a yield of 1.3%. Columbus McKinnon’s dividend payout ratio is 200.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Columbus McKinnon in a report on Wednesday, October 8th. Wall Street Zen upgraded Columbus McKinnon from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 6th. CJS Securities upgraded Columbus McKinnon to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, DA Davidson set a $15.00 price target on shares of Columbus McKinnon in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Columbus McKinnon presently has an average rating of “Hold” and a consensus price target of $15.00.

Hedge Funds Weigh In On Columbus McKinnon

Several large investors have recently made changes to their positions in CMCO. AQR Capital Management LLC lifted its stake in Columbus McKinnon by 32.4% in 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 acquiring an additional 30,255 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Columbus McKinnon by 5.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 220,847 shares of the industrial products company’s stock worth $3,739,000 after buying an additional 10,780 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Columbus McKinnon by 1,222.6% in 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 period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Columbus McKinnon in the second quarter valued at approximately $1,658,000. Finally, Marshall Wace LLP bought a new position in Columbus McKinnon during the second quarter worth $1,390,000. Institutional investors own 95.96% of the company’s stock.

Columbus McKinnon Company Profile

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.