DA Davidson Lowers Earnings Estimates for Columbus McKinnon

Columbus McKinnon Co. (NASDAQ:CMCO) – DA Davidson lowered their FY2025 earnings per share estimates for Columbus McKinnon in a research report issued on Wednesday, February 19th. DA Davidson analyst M. Summerville now forecasts that the industrial products company will post earnings per share of $2.45 for the year, down from their prior estimate of $2.98. DA Davidson has a “Neutral” rating and a $35.00 price objective 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.

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

Columbus McKinnon Stock Down 3.1 %

CMCO stock opened at $20.08 on Friday. The stock’s fifty day simple moving average is $33.91 and its two-hundred day simple moving average is $34.37. The company has a current ratio of 2.03, a quick ratio of 1.10 and a debt-to-equity ratio of 0.50. Columbus McKinnon has a 1-year low of $19.55 and a 1-year high of $45.84. The stock has a market cap of $574.49 million, a P/E ratio of 60.85 and a beta of 1.22.

Columbus McKinnon (NASDAQ:CMCO) last announced 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%.

Columbus McKinnon Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors 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 dividend on an annualized basis and a dividend yield of 1.39%. Columbus McKinnon’s payout ratio is 84.85%.

Insider Buying and Selling

In other news, Director Christopher J. Stephens acquired 5,000 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was purchased at an average cost of $20.27 per share, for a total transaction of $101,350.00. Following the acquisition, the director now owns 11,014 shares of the company’s stock, valued at $223,253.78. This trade represents a 83.14 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.98% of the stock is owned by company insiders.

Hedge Funds Weigh In On Columbus McKinnon

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning purchased a new stake in Columbus McKinnon during the 3rd quarter valued at about $369,000. Raymond James & Associates raised its position in shares of Columbus McKinnon by 14.4% in the 3rd quarter. Raymond James & Associates now owns 73,087 shares of the industrial products company’s stock worth $2,631,000 after acquiring an additional 9,179 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Columbus McKinnon by 81.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 173,245 shares of the industrial products company’s stock worth $6,237,000 after acquiring an additional 77,721 shares in the last quarter. Semanteon Capital Management LP bought a new position in Columbus McKinnon during the 3rd quarter valued at approximately $823,000. Finally, US Bancorp DE increased its position in Columbus McKinnon by 33.1% during the 3rd quarter. US Bancorp DE now owns 22,374 shares of the industrial products company’s stock valued at $805,000 after buying an additional 5,568 shares in the last quarter. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

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.