Columbus McKinnon Co. (NASDAQ:CMCO – Free Report) – Equities researchers at DA Davidson decreased their FY2025 earnings per share estimates for shares of Columbus McKinnon in a research note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville now anticipates that the industrial products company will post earnings per share of $2.45 for the year, down from their previous estimate of $2.98. DA Davidson currently has a “Neutral” rating and a $35.00 price target on the stock. The consensus estimate for Columbus McKinnon’s current full-year earnings is $2.69 per share. DA Davidson also issued estimates for Columbus McKinnon’s Q4 2025 earnings at $0.57 EPS and FY2026 earnings at $2.70 EPS.
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last issued its earnings results on Monday, February 10th. The industrial products company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.18). Columbus McKinnon had a return on equity of 8.64% and a net margin of 0.95%.
Read Our Latest Analysis on CMCO
Columbus McKinnon Trading Down 5.9 %
NASDAQ:CMCO opened at $18.90 on Friday. The business’s 50-day moving average is $33.51 and its two-hundred day moving average is $34.27. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.03 and a quick ratio of 1.10. Columbus McKinnon has a 12 month low of $18.86 and a 12 month high of $45.84. The firm has a market capitalization of $540.73 million, a PE ratio of 57.27 and a beta of 1.22.
Columbus McKinnon Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, February 7th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.28 annualized dividend and a dividend yield of 1.48%. Columbus McKinnon’s dividend payout ratio is presently 84.85%.
Insider Activity
In other news, Director Christopher J. Stephens purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $20.27 per share, for a total transaction of $101,350.00. Following the completion of the purchase, the director now owns 11,014 shares of the company’s stock, valued at approximately $223,253.78. This trade represents a 83.14 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.98% of the company’s stock.
Hedge Funds Weigh In On Columbus McKinnon
A number of hedge funds have recently bought and sold shares of CMCO. Vaughan Nelson Investment Management L.P. acquired a new position in Columbus McKinnon in the fourth quarter worth about $26,416,000. Victory Capital Management Inc. boosted its stake in Columbus McKinnon by 117.8% in the fourth quarter. Victory Capital Management Inc. now owns 737,250 shares of the industrial products company’s stock valued at $27,455,000 after acquiring an additional 398,826 shares during the period. Raymond James Financial Inc. acquired a new position in Columbus McKinnon in the fourth quarter valued at approximately $14,799,000. Segall Bryant & Hamill LLC boosted its stake in Columbus McKinnon by 95.3% in the fourth quarter. Segall Bryant & Hamill LLC now owns 730,125 shares of the industrial products company’s stock valued at $27,190,000 after acquiring an additional 356,232 shares during the period. Finally, Invesco Ltd. boosted its stake in Columbus McKinnon by 207.9% in the fourth quarter. Invesco Ltd. now owns 455,210 shares of the industrial products company’s stock valued at $16,952,000 after acquiring an additional 307,355 shares during the period. 95.96% of the stock is currently owned by institutional investors and hedge funds.
Columbus McKinnon Company Profile
Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.
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