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

Columbus McKinnon (NASDAQ:CMCO) issued an update on 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 earnings per share 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.

Wall Street Analyst Weigh In

CMCO has been the subject of several analyst reports. CJS Securities raised shares of Columbus McKinnon to a “strong-buy” rating in a report on Thursday, December 11th. DA Davidson set a $15.00 price objective 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 research report on Saturday, December 6th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Columbus McKinnon in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $15.00.

Columbus McKinnon Price Performance

CMCO stock opened at $20.79 on Friday. The firm has a market cap of $597.26 million, a P/E ratio of 148.51 and a beta of 1.29. The firm’s fifty day moving average is $17.26 and its 200 day moving average is $15.88. Columbus McKinnon has a 52 week low of $11.78 and a 52 week high of $37.81. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.99 and a current ratio of 1.81.

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

Columbus McKinnon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, November 7th were paid 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 payout ratio is 200.00%.

Institutional Investors Weigh In On Columbus McKinnon

A number of large investors have recently added to or reduced their stakes in the company. Group One Trading LLC raised its stake in shares of Columbus McKinnon by 266.7% during the third quarter. Group One Trading LLC now owns 2,200 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 1,600 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Columbus McKinnon by 66.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,500 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 1,000 shares during the period. Tower Research Capital LLC TRC raised its position in Columbus McKinnon by 267.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 1,893 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in Columbus McKinnon during the 2nd quarter valued at approximately $58,000. Finally, BNP Paribas Financial Markets lifted its holdings in Columbus McKinnon by 100.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,483 shares of the industrial products company’s stock worth $79,000 after buying an additional 2,754 shares during the period. Institutional investors own 95.96% of the company’s stock.

About Columbus McKinnon

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.