Columbus McKinnon Co. (NASDAQ:CMCO - Free Report) - Equities researchers at Seaport Res Ptn lowered their FY2025 earnings per share estimates for shares of Columbus McKinnon in a research report issued on Wednesday, October 30th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $3.04 per share for the year, down from their prior estimate of $3.05. The consensus estimate for Columbus McKinnon's current full-year earnings is $3.02 per share. Seaport Res Ptn also issued estimates for Columbus McKinnon's Q4 2025 earnings at $0.99 EPS, Q1 2026 earnings at $0.63 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.89 EPS, Q4 2026 earnings at $1.17 EPS and FY2026 earnings at $3.37 EPS.
Columbus McKinnon (NASDAQ:CMCO - Get Free Report) last posted its earnings results on Wednesday, October 30th. The industrial products company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.01. Columbus McKinnon had a net margin of 1.51% and a return on equity of 9.24%. The firm had revenue of $242.27 million during the quarter, compared to the consensus estimate of $249.75 million.
Separately, StockNews.com cut shares of Columbus McKinnon from a "buy" rating to a "hold" rating in a report on Friday, August 2nd.
Check Out Our Latest Stock Analysis on Columbus McKinnon
Columbus McKinnon Trading Up 0.5 %
NASDAQ:CMCO traded up $0.15 on Friday, reaching $31.96. 354,027 shares of the company's stock were exchanged, compared to its average volume of 176,485. The business has a fifty day moving average of $33.23 and a 200-day moving average of $36.27. The company has a quick ratio of 1.20, a current ratio of 2.07 and a debt-to-equity ratio of 0.52. Columbus McKinnon has a 52-week low of $29.26 and a 52-week high of $45.84. The firm has a market capitalization of $923.00 million, a price-to-earnings ratio of 60.30 and a beta of 1.17.
Institutional Investors Weigh In On Columbus McKinnon
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Columbus McKinnon by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,890,999 shares of the industrial products company's stock valued at $65,315,000 after purchasing an additional 7,465 shares during the period. Vanguard Group Inc. lifted its stake in shares of Columbus McKinnon by 1.0% in the first quarter. Vanguard Group Inc. now owns 1,557,371 shares of the industrial products company's stock valued at $69,505,000 after purchasing an additional 16,174 shares during the period. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Columbus McKinnon during the second quarter worth about $35,540,000. Allspring Global Investments Holdings LLC increased its stake in Columbus McKinnon by 0.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 964,234 shares of the industrial products company's stock valued at $33,305,000 after purchasing an additional 3,200 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Columbus McKinnon by 152.8% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 234,124 shares of the industrial products company's stock worth $8,428,000 after buying an additional 141,502 shares during the last quarter. Hedge funds and other institutional investors own 95.96% of the company's stock.
Columbus McKinnon Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.28 dividend on an annualized basis and a yield of 0.88%. Columbus McKinnon's dividend payout ratio (DPR) is presently 52.83%.
Columbus McKinnon Company Profile
(
Get Free Report)
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.
See Also
Before you consider Columbus McKinnon, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Columbus McKinnon wasn't on the list.
While Columbus McKinnon currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
