Columbus McKinnon (NASDAQ:CMCO) Updates Q3 2026 Earnings Guidance

Columbus McKinnon (NASDAQ:CMCO) updated its third quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.580-0.630 for the period, compared to the consensus EPS estimate of 0.570. The company issued revenue guidance of $250.0 million-$260.0 million, compared to the consensus revenue estimate of $241.7 million.

Columbus McKinnon Price Performance

Columbus McKinnon stock opened at $21.35 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.81 and a quick ratio of 0.99. Columbus McKinnon has a one year low of $11.78 and a one year high of $37.81. The firm has a market cap of $613.39 million, a PE ratio of 152.51 and a beta of 1.29. The stock’s fifty day moving average price is $17.16 and its two-hundred day moving average price is $15.84.

Columbus McKinnon (NASDAQ:CMCO) last posted its quarterly earnings results on Thursday, October 30th. The industrial products company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The business had revenue of $261.05 million during the quarter, compared to the consensus estimate of $240.63 million. Columbus McKinnon had a return on equity of 7.33% and a net margin of 0.41%.Columbus McKinnon’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.70 earnings per share. As a group, research analysts expect that Columbus McKinnon will post 2.69 EPS for the current fiscal year.

Columbus McKinnon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 7th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, November 7th. Columbus McKinnon’s dividend payout ratio is presently 200.00%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CMCO. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Columbus McKinnon in a research note on Wednesday, October 8th. DA Davidson set a $15.00 target price on Columbus McKinnon in a research note on Thursday. Wall Street Zen upgraded Columbus McKinnon from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 6th. Finally, CJS Securities raised shares of Columbus McKinnon to a “strong-buy” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Columbus McKinnon has an average rating of “Hold” and a consensus price target of $15.00.

Institutional Trading of Columbus McKinnon

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB raised its holdings in shares of Columbus McKinnon by 66.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,500 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 1,000 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in Columbus McKinnon by 61.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 194,970 shares of the industrial products company’s stock valued at $2,796,000 after purchasing an additional 74,482 shares during the period. Van Den Berg Management I Inc. grew its position in Columbus McKinnon by 33.9% during the third quarter. Van Den Berg Management I Inc. now owns 324,803 shares of the industrial products company’s stock worth $4,658,000 after buying an additional 82,229 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Columbus McKinnon by 28.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 305,269 shares of the industrial products company’s stock valued at $4,378,000 after acquiring an additional 68,110 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in shares of Columbus McKinnon by 42.9% in the third quarter. Public Employees Retirement System of Ohio now owns 11,921 shares of the industrial products company’s stock worth $171,000 after purchasing an additional 3,581 shares during the last quarter. 95.96% of the stock is owned by hedge funds and other institutional investors.

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.