Columbus McKinnon (NASDAQ:CMCO – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.700-1.900 for the period, compared to the consensus estimate of 1.680. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Wall Street Zen lowered Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 22nd. JPMorgan Chase & Co. cut their price target on shares of Columbus McKinnon from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings downgraded shares of Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. DA Davidson set a $20.00 target price on Columbus McKinnon in a research note on Thursday, February 12th. Finally, Zacks Research downgraded Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.50.
View Our Latest Report on CMCO
Columbus McKinnon Trading Down 9.2%
Columbus McKinnon (NASDAQ:CMCO – Get Free Report) last announced its quarterly earnings results on Thursday, June 4th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.12). Columbus McKinnon had a net margin of 0.60% and a return on equity of 7.41%. The company had revenue of $437.83 million for the quarter, compared to analysts’ expectations of $419.57 million. During the same quarter in the prior year, the firm earned $0.60 EPS. Columbus McKinnon’s quarterly revenue 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 analysts predict that Columbus McKinnon will post 1.89 EPS for the current year.
Columbus McKinnon Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 1st were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $0.28 annualized dividend and a dividend yield of 2.0%. Columbus McKinnon’s dividend payout ratio is currently 133.33%.
Columbus McKinnon News Summary
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
Institutional Trading of Columbus McKinnon
A number of hedge funds have recently modified their holdings of the business. Marshall Wace LLP raised its position in shares of Columbus McKinnon by 698.6% in the 3rd quarter. Marshall Wace LLP now owns 726,772 shares of the industrial products company’s stock worth $10,422,000 after purchasing an additional 635,770 shares during the last quarter. AQR Capital Management LLC increased its stake in Columbus McKinnon by 76.8% during the 4th quarter. AQR Capital Management LLC now owns 1,108,462 shares of the industrial products company’s stock valued at $19,121,000 after purchasing an additional 481,470 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings 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 worth $11,900,000 after buying an additional 415,275 shares during the last quarter. Millennium Management LLC raised its holdings 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 worth $12,203,000 after buying an additional 379,096 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Columbus McKinnon by 22.6% in the third quarter. Invesco Ltd. now owns 1,451,885 shares of the industrial products company’s stock worth $20,820,000 after buying an additional 267,585 shares in the last quarter. Institutional investors own 95.96% of the company’s stock.
About Columbus McKinnon
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.
Further Reading
- Five stocks we like better than Columbus McKinnon
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Receive News & Ratings for Columbus McKinnon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbus McKinnon and related companies with MarketBeat.com's FREE daily email newsletter.
