Brokerages Set Columbus McKinnon Corporation (NASDAQ:CMCO) Price Target at $23.50

Shares of Columbus McKinnon Corporation (NASDAQ:CMCO) have received an average rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $23.50.

Several brokerages have recently commented on CMCO. DA Davidson set a $20.00 target price on shares of Columbus McKinnon in a report on Thursday, February 12th. Wall Street Zen cut shares of Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 22nd. Weiss Ratings cut shares of Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. JPMorgan Chase & Co. decreased their price objective on shares of Columbus McKinnon from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Finally, Zacks Research cut shares of Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th.

Columbus McKinnon Stock Down 9.2%

Shares of CMCO opened at $14.08 on Friday. Columbus McKinnon has a 12 month low of $13.01 and a 12 month high of $24.40. The firm’s 50 day moving average is $15.16 and its 200-day moving average is $17.15. The stock has a market capitalization of $404.66 million, a PE ratio of 67.05 and a beta of 1.38. The company has a current ratio of 1.83, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43.

Columbus McKinnon (NASDAQ:CMCO) last announced its earnings results on Thursday, June 4th. The industrial products company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.12). Columbus McKinnon had a return on equity of 7.41% and a net margin of 0.60%.The business had revenue of $437.83 million for the quarter, compared to the consensus estimate of $419.57 million. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue for the quarter was up 77.3% compared to the same quarter last year. Columbus McKinnon has set its FY 2027 guidance at 1.700-1.900 EPS. Equities research analysts forecast that Columbus McKinnon will post 1.89 EPS for the current year.

Columbus McKinnon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 1st were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 1st. Columbus McKinnon’s dividend payout ratio (DPR) is 133.33%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CMCO. Marshall Wace LLP increased its stake in Columbus McKinnon by 698.6% in the third quarter. Marshall Wace LLP now owns 726,772 shares of the industrial products company’s stock valued at $10,422,000 after acquiring an additional 635,770 shares during the last quarter. AQR Capital Management LLC increased its stake in Columbus McKinnon by 76.8% in the fourth quarter. AQR Capital Management LLC now owns 1,108,462 shares of the industrial products company’s stock valued at $19,121,000 after acquiring an additional 481,470 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in Columbus McKinnon by 100.2% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 829,875 shares of the industrial products company’s stock valued at $11,900,000 after acquiring an additional 415,275 shares during the last quarter. Millennium Management LLC increased its stake in Columbus McKinnon by 80.3% in the third quarter. Millennium Management LLC now owns 850,951 shares of the industrial products company’s stock valued at $12,203,000 after acquiring an additional 379,096 shares during the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in Columbus McKinnon in the fourth quarter valued at approximately $6,395,000. 95.96% of the stock is owned by institutional investors.

More Columbus McKinnon News

Here are the key news stories impacting Columbus McKinnon this week:

• Positive Sentiment: Columbus McKinnon reported FY26 order growth of 20% and net sales growth of 24%, signaling solid demand and strong operational momentum after its acquisition. Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
• Positive Sentiment: The company’s FY27 EPS guidance of $1.70 to $1.90 came in slightly above the consensus estimate, which may help support confidence in the outlook. Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
• Neutral Sentiment: Management highlighted record sales and strategic progress in the earnings call, suggesting the acquisition is contributing to growth, but investors are still waiting for proof that profitability will improve. Columbus McKinnon Corp (CMCO) Q4 2026 Earnings Call Highlights: Record Sales and Strategic …
• Neutral Sentiment: Earnings-call coverage pointed to growth amid headwinds, indicating a generally constructive but not risk-free operating backdrop. Columbus McKinnon Earnings Call: Growth Amid Headwinds
• Negative Sentiment: Columbus McKinnon posted EPS of $0.24, missing analyst estimates, which is likely the main reason the stock is moving lower despite strong revenue. Columbus McKinnon posts revenue beat despite earnings shortfall (CMCO)
• Negative Sentiment: Several reports emphasized that the quarter lagged earnings expectations, reinforcing concerns that margin pressure may be limiting near-term upside. Columbus McKinnon (CMCO) Lags Q4 Earnings Estimates

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.