DA Davidson reiterated their neutral rating on shares of Columbus McKinnon (NASDAQ:CMCO – Free Report) in a report released on Tuesday morning,Benzinga reports. They currently have a $15.00 target price on the industrial products company’s stock.
Other analysts also recently issued reports about the company. Wall Street Zen downgraded Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. CJS Securities raised Columbus McKinnon to a “strong-buy” rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $15.00.
Check Out Our Latest Research Report on CMCO
Columbus McKinnon Stock Performance
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. Columbus McKinnon had a net margin of 0.60% and a return on equity of 7.46%. The firm had revenue of $258.66 million during the quarter, compared to the consensus estimate of $241.60 million. During the same period last year, the business posted $0.56 earnings per share. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, sell-side analysts predict that Columbus McKinnon will post 2.69 earnings per share for the current year.
Columbus McKinnon Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Friday, February 13th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, February 13th. Columbus McKinnon’s dividend payout ratio is currently 200.00%.
Institutional Investors Weigh In On Columbus McKinnon
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. SummerHaven Investment Management LLC acquired a new position in shares of Columbus McKinnon during the third quarter worth $735,000. Assenagon Asset Management S.A. acquired a new stake in shares of Columbus McKinnon during the 3rd quarter valued at $8,040,000. Savant Capital LLC bought a new stake in Columbus McKinnon during the 2nd quarter worth $320,000. Janney Montgomery Scott LLC bought a new stake in Columbus McKinnon during the 2nd quarter worth $869,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Columbus McKinnon in the 2nd quarter worth about $1,480,000. 95.96% of the stock is owned by institutional investors.
Key Stories Impacting Columbus McKinnon
Here are the key news stories impacting Columbus McKinnon this week:
- Positive Sentiment: Revenue and sales growth: Q3 sales were ~$258.6M, up ~10.5% year-over-year and above Street revenue expectations — a clear demand signal. Columbus McKinnon Reports 10% Sales Growth in Q3 FY26
- Positive Sentiment: Backlog and acquisition-driven outlook: Management highlighted backlog expansion and acquisitions as drivers shaping next‑year growth despite near‑term margin headwinds. CMCO Q4 Deep Dive: Acquisition and Backlog Growth Shape Outlook Amid Margin Pressures
- Positive Sentiment: Operating cash flow improved materially (cash from ops up ~79% y/y), which supports balance‑sheet flexibility and execution on strategic items. Columbus McKinnon Releases Q3 2026 Earnings
- Neutral Sentiment: Dividend checklists and investor primer pieces are circulating — useful for income investors but not a catalyst by themselves. Do These 3 Checks Before Buying Columbus McKinnon Corporation (NASDAQ:CMCO) For Its Upcoming Dividend
- Neutral Sentiment: Earnings materials available (slides, call transcript, presentation) — management commentary will be the key to resolve questions on margins and guidance. Columbus McKinnon Corporation 2026 Q3 – Results – Earnings Call Presentation
- Neutral Sentiment: Short‑interest data being reported shows effectively zero days to cover (likely a data anomaly) and should not be over‑interpreted without confirmation from official exchanges.
- Negative Sentiment: Profitability pressures: operating profit and net income fell y/y; some data feeds report an EPS shortfall versus certain estimates, indicating margin squeeze despite revenue growth. Columbus McKinnon Releases Q3 2026 Earnings
- Negative Sentiment: Analyst pressure: DA Davidson reaffirmed a “neutral” rating with a $15 price target, implying substantial downside from current levels and signaling caution among some sell‑side analysts. Analyst Note (Benzinga)
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.
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