Columbus McKinnon (NASDAQ:CMCO) Announces Quarterly Earnings Results, Misses Expectations By $0.12 EPS

Columbus McKinnon (NASDAQ:CMCO) released its quarterly earnings data on Thursday. The industrial products company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.12), Briefing.com reports. The business had revenue of $437.83 million during the quarter, compared to analyst estimates of $419.57 million. Columbus McKinnon had a net margin of 0.60% and a return on equity of 7.41%. The business’s quarterly revenue was up 77.3% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Columbus McKinnon updated its FY 2027 guidance to 1.700-1.900 EPS.

Here are the key takeaways from Columbus McKinnon’s conference call:

• Columbus McKinnon said fiscal 2026 was a transformational year, with orders up 20%, net sales up 24%, and Adjusted EBITDA up 16%, driven by the Kito Crosby acquisition and solid underlying demand in the Americas.
• Management said the Kito Crosby integration is off to a strong start and reaffirmed confidence in achieving the $70 million in annualized net cost synergies by year three, with early wins already coming from organizational realignment and third-party spend savings.
• For fiscal 2027, the company guided to $2.05 billion-$2.12 billion in sales, $390 million-$410 million in Adjusted EBITDA, and $1.70-$1.90 in Adjusted EPS, with growth expected to be back-half weighted as synergies build through the year.
• Management expects to generate strong cash flow and use it primarily for debt reduction, targeting net leverage of 4x or below within two years as integration benefits and working-capital improvements come through.
• Near-term profitability is still being pressured by tariffs, inflation, EMEA project delays, and geopolitical uncertainty in Europe and the Middle East, and the quarter also included a $200 million non-cash goodwill impairment charge tied to the company’s lower stock price.

Columbus McKinnon Price Performance

Shares of CMCO opened at $14.08 on Friday. Columbus McKinnon has a 1 year low of $13.01 and a 1 year high of $24.40. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.83 and a quick ratio of 0.99. The company has a market capitalization of $404.66 million, a price-to-earnings ratio of 67.05 and a beta of 1.38. The business has a 50-day moving average of $15.16 and a 200-day moving average of $17.15.

Columbus McKinnon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 1st were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, May 1st. Columbus McKinnon’s dividend payout ratio (DPR) is presently 133.33%.

Hedge Funds Weigh In On Columbus McKinnon

A number of hedge funds have recently made changes to their positions in CMCO. The Manufacturers Life Insurance Company grew its stake in Columbus McKinnon by 8.5% in the second quarter. The Manufacturers Life Insurance Company now owns 10,885 shares of the industrial products company’s stock valued at $166,000 after acquiring an additional 852 shares during the period. Royal Bank of Canada grew its stake in Columbus McKinnon by 41.4% in the fourth quarter. Royal Bank of Canada now owns 3,136 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 918 shares during the period. Wilmington Savings Fund Society FSB grew its stake in Columbus McKinnon by 66.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 2,500 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 1,000 shares during the period. Group One Trading LLC grew its stake in Columbus McKinnon by 266.7% in 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 period. Finally, Tower Research Capital LLC TRC grew its stake in Columbus McKinnon by 267.8% in the second quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 1,893 shares during the period. 95.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on CMCO. Wall Street Zen lowered Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 22nd. Zacks Research lowered Columbus McKinnon from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. DA Davidson set a $20.00 price target on Columbus McKinnon in a research note on Thursday, February 12th. JPMorgan Chase & Co. cut their price target on Columbus McKinnon from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Finally, Weiss Ratings lowered Columbus McKinnon from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Columbus McKinnon currently has a consensus rating of “Hold” and an average price target of $23.50.

Columbus McKinnon News Summary

Here are the key news stories impacting Columbus McKinnon this week:

• Positive Sentiment: Columbus McKinnon reported revenue of $437.8 million, topping analyst expectations, which suggests demand remained solid even though profit came in below forecasts.
• Positive Sentiment: The company said FY2026 orders rose 20% and net sales increased 24%, a sign that momentum in its industrial motion solutions business may carry into future periods. Columbus McKinnon Delivers Order Growth of 20% and Net Sales Growth of 24% in FY26; Issues FY27 Guidance
• Positive Sentiment: Management issued FY2027 EPS guidance of $1.70 to $1.90, above the consensus estimate, which may support sentiment around earnings recovery. Press Release
• Neutral Sentiment: Earnings call coverage emphasized “growth amid headwinds,” suggesting investors are weighing strong operating trends against margin pressure and integration-related challenges. Columbus McKinnon Earnings Call: Growth Amid Headwinds
• Negative Sentiment: Columbus McKinnon posted EPS of $0.24, missing the consensus estimate, and that profit shortfall is likely limiting upside in the stock. Columbus McKinnon posts revenue beat despite earnings shortfall (CMCO)

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.