DA Davidson Predicts Lower Earnings for Columbus McKinnon

Columbus McKinnon Co. (NASDAQ:CMCO) – Research analysts at DA Davidson cut their FY2025 earnings per share estimates for Columbus McKinnon in a research report issued to clients and investors on Wednesday, February 19th. DA Davidson analyst M. Summerville now anticipates that the industrial products company will post earnings per share of $2.45 for the year, down from their previous forecast of $2.98. DA Davidson currently has a “Neutral” rating and a $35.00 target price on the stock. The consensus estimate for Columbus McKinnon’s current full-year earnings is $2.96 per share. DA Davidson also issued estimates for Columbus McKinnon’s Q4 2025 earnings at $0.57 EPS and FY2026 earnings at $2.70 EPS.

Columbus McKinnon (NASDAQ:CMCO) last issued its earnings results on Monday, February 10th. The industrial products company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.18). Columbus McKinnon had a net margin of 0.95% and a return on equity of 8.64%.

Separately, StockNews.com lowered Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th.

Columbus McKinnon Price Performance

Shares of Columbus McKinnon stock opened at $18.90 on Friday. The stock has a market cap of $540.73 million, a price-to-earnings ratio of 57.27 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.10 and a current ratio of 2.03. The stock has a 50 day moving average price of $33.51 and a 200-day moving average price of $34.27. Columbus McKinnon has a one year low of $18.86 and a one year high of $45.84.

Hedge Funds Weigh In On Columbus McKinnon

Large investors have recently bought and sold shares of the business. Mascoma Wealth Management LLC acquired a new position in Columbus McKinnon in the 3rd quarter worth about $25,000. Sterling Capital Management LLC raised its holdings in shares of Columbus McKinnon by 810.0% during the fourth quarter. Sterling Capital Management LLC now owns 910 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 810 shares during the last quarter. Millburn Ridgefield Corp acquired a new position in shares of Columbus McKinnon during the third quarter valued at approximately $155,000. Park Avenue Securities LLC acquired a new position in shares of Columbus McKinnon during the fourth quarter valued at approximately $239,000. Finally, Freestone Grove Partners LP acquired a new position in shares of Columbus McKinnon during the fourth quarter valued at approximately $242,000. Institutional investors and hedge funds own 95.96% of the company’s stock.

Insider Buying and Selling at Columbus McKinnon

In related news, Director Christopher J. Stephens bought 5,000 shares of the stock in a transaction dated Thursday, February 13th. The shares were purchased at an average price of $20.27 per share, for a total transaction of $101,350.00. Following the completion of the purchase, the director now directly owns 11,014 shares of the company’s stock, valued at $223,253.78. This represents a 83.14 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.98% of the company’s stock.

Columbus McKinnon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, February 7th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.28 annualized dividend and a yield of 1.48%. Columbus McKinnon’s payout ratio is presently 84.85%.

About Columbus McKinnon

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.