Columbus McKinnon Co. (NASDAQ:CMCO - Free Report) - DA Davidson issued their Q3 2025 EPS estimates for Columbus McKinnon in a research note issued to investors on Friday, November 1st. DA Davidson analyst M. Summerville forecasts that the industrial products company will post earnings per share of $0.75 for the quarter. The consensus estimate for Columbus McKinnon's current full-year earnings is $3.02 per share. DA Davidson also issued estimates for Columbus McKinnon's FY2025 earnings at $2.98 EPS and FY2026 earnings at $3.33 EPS.
Separately, StockNews.com downgraded Columbus McKinnon from a "buy" rating to a "hold" rating in a report on Friday, August 2nd.
Check Out Our Latest Stock Report on CMCO
Columbus McKinnon Trading Down 1.7 %
Shares of NASDAQ:CMCO traded down $0.54 during mid-day trading on Monday, reaching $31.42. 301,704 shares of the company were exchanged, compared to its average volume of 177,236. The firm has a market cap of $901.44 million, a price-to-earnings ratio of 59.28 and a beta of 1.19. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.04 and a quick ratio of 1.20. Columbus McKinnon has a 1 year low of $29.26 and a 1 year high of $45.84. The firm's 50-day simple moving average is $33.23 and its 200 day simple moving average is $36.21.
Institutional Investors Weigh In On Columbus McKinnon
Institutional investors have recently modified their holdings of the company. Foundry Partners LLC raised its stake in Columbus McKinnon by 23.9% in the first quarter. Foundry Partners LLC now owns 121,625 shares of the industrial products company's stock valued at $5,428,000 after buying an additional 23,460 shares in the last quarter. Boston Partners acquired a new position in Columbus McKinnon in the 1st quarter valued at about $847,000. First Eagle Investment Management LLC grew its stake in shares of Columbus McKinnon by 11.7% in the 1st quarter. First Eagle Investment Management LLC now owns 184,281 shares of the industrial products company's stock valued at $8,224,000 after purchasing an additional 19,350 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in Columbus McKinnon in the 1st quarter valued at $3,791,000. Finally, Vanguard Group Inc. increased its stake in shares of Columbus McKinnon by 1.0% during the first quarter. Vanguard Group Inc. now owns 1,557,371 shares of the industrial products company's stock worth $69,505,000 after acquiring an additional 16,174 shares during the period. 95.96% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CEO David J. Wilson acquired 31,300 shares of the firm's stock in a transaction dated Friday, November 1st. The stock was acquired at an average price of $32.02 per share, for a total transaction of $1,002,226.00. Following the purchase, the chief executive officer now owns 31,300 shares of the company's stock, valued at $1,002,226. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.98% of the stock is owned by company insiders.
Columbus McKinnon Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.28 annualized dividend and a yield of 0.89%. Columbus McKinnon's payout ratio is 52.83%.
About Columbus McKinnon
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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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