Columbus McKinnon (NASDAQ:CMCO) Stock Rating Lowered by DA Davidson

DA Davidson lowered shares of Columbus McKinnon (NASDAQ:CMCO) from a buy rating to a neutral rating in a research note issued to investors on Tuesday, Marketbeat.com reports. DA Davidson currently has $35.00 target price on the industrial products company’s stock. DA Davidson also issued estimates for Columbus McKinnon’s Q4 2025 earnings at $0.75 EPS.

Separately, StockNews.com cut Columbus McKinnon from a “buy” rating to a “hold” rating in a report on Tuesday.

Columbus McKinnon Price Performance

Shares of Columbus McKinnon stock opened at $20.50 on Tuesday. Columbus McKinnon has a twelve month low of $19.55 and a twelve month high of $45.84. The stock has a market capitalization of $588.15 million, a P/E ratio of 38.68 and a beta of 1.22. The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average price is $35.87 and its 200 day moving average price is $34.98.

Columbus McKinnon (NASDAQ:CMCO) last issued its earnings results on Monday, February 10th. The industrial products company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.18). Columbus McKinnon had a net margin of 1.51% and a return on equity of 9.20%. As a group, research analysts anticipate that Columbus McKinnon will post 2.98 earnings per share for the current year.

Columbus McKinnon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, February 7th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, February 7th. Columbus McKinnon’s payout ratio is 52.83%.

Institutional Investors Weigh In On Columbus McKinnon

Several institutional investors and hedge funds have recently modified their holdings of the stock. Dean Investment Associates LLC boosted its position in shares of Columbus McKinnon by 183.4% in the fourth quarter. Dean Investment Associates LLC now owns 76,973 shares of the industrial products company’s stock worth $2,866,000 after buying an additional 49,817 shares during the period. Keeley Teton Advisors LLC boosted its position in shares of Columbus McKinnon by 7.4% in the fourth quarter. Keeley Teton Advisors LLC now owns 170,124 shares of the industrial products company’s stock worth $6,335,000 after buying an additional 11,728 shares during the period. Mariner LLC boosted its position in shares of Columbus McKinnon by 17.6% in the fourth quarter. Mariner LLC now owns 13,806 shares of the industrial products company’s stock worth $514,000 after buying an additional 2,066 shares during the period. Synovus Financial Corp purchased a new stake in shares of Columbus McKinnon in the fourth quarter worth about $818,000. Finally, Sterling Capital Management LLC boosted its position in shares of Columbus McKinnon by 810.0% in the fourth quarter. Sterling Capital Management LLC now owns 910 shares of the industrial products company’s stock worth $34,000 after buying an additional 810 shares during the period. Hedge funds and other institutional investors own 95.96% of the company’s stock.

Columbus McKinnon Company Profile

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.