Columbus McKinnon (NASDAQ:CMCO) Issues Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Columbus McKinnon (NASDAQ:CMCO) issued its quarterly earnings results on Monday. The industrial products company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01, Zacks reports. Columbus McKinnon had a return on equity of 7.33% and a net margin of 0.41%.The firm had revenue of $258.66 million during the quarter, compared to analyst estimates of $241.60 million. During the same period last year, the company posted $0.56 EPS. The firm’s quarterly revenue was up 10.5% on a year-over-year basis.

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

• Closed the Kito Crosby acquisition, which management says will be transformational, roughly double the revenue base and target $70 million of net run-rate cost synergies with ~20% realized in year one, ~60% in year two and 100% in year three.
• Reported strong Q3 operational results with sales up 10.5%, orders up 11%, backlog up 15% to $342 million, adjusted EBITDA of $39.8 million (15.4% margin) and adjusted EPS of $0.62, up 11% year‑over‑year.
• Margins were pressured this quarter by unfavorable product mix and tariff impacts (adjusted gross margin contracted ~170 bps year‑over‑year), though management expects tariff cost neutrality by year‑end and margin neutrality in fiscal 2027.
• Completed a sizeable financing package (including a $1.65B Term Loan B, $900M notes, $800M perpetual convertible preferred and a $500M revolver), increased liquidity, and plans to prioritize debt repayment using ~ $160M expected from a pending divestiture to accelerate deleveraging to <4x net leverage by FY2028.
• Withdrew prior FY2026 standalone guidance due to the acquisition and timing of the divestiture; management warns of material transaction-related, purchase accounting and higher interest costs that will be dilutive to GAAP EPS and free cash flow in Q4 and FY2026.

Columbus McKinnon Stock Up 0.6%

Shares of NASDAQ:CMCO opened at $22.90 on Tuesday. The firm has a market cap of $657.92 million, a P/E ratio of 163.58 and a beta of 1.33. Columbus McKinnon has a 12-month low of $11.78 and a 12-month high of $35.53. The business has a fifty day simple moving average of $19.09 and a 200 day simple moving average of $16.48. The company has a quick ratio of 0.99, a current ratio of 1.81 and a debt-to-equity ratio of 0.45.

Columbus McKinnon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 23rd. Investors of record on Friday, February 13th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.28 annualized dividend and a yield of 1.2%. Columbus McKinnon’s dividend payout ratio is presently 200.00%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of Columbus McKinnon from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. DA Davidson set a $15.00 price target on Columbus McKinnon in a research report on Thursday, January 15th. Finally, CJS Securities upgraded shares of Columbus McKinnon to a “strong-buy” rating in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Columbus McKinnon has a consensus rating of “Hold” and a consensus target price of $15.00.

Institutional Trading of Columbus McKinnon

Hedge funds have recently bought and sold shares of the business. Group One Trading LLC boosted its holdings in shares of Columbus McKinnon by 266.7% during the 3rd quarter. Group One Trading LLC now owns 2,200 shares of the industrial products company’s stock valued at $32,000 after buying an additional 1,600 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its holdings in shares of Columbus McKinnon by 66.7% during 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 purchasing an additional 1,000 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Columbus McKinnon by 267.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 1,893 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Columbus McKinnon in the 2nd quarter worth approximately $58,000. Finally, BNP Paribas Financial Markets raised its stake in Columbus McKinnon by 100.9% during the third quarter. BNP Paribas Financial Markets now owns 5,483 shares of the industrial products company’s stock valued at $79,000 after buying an additional 2,754 shares during the last quarter. Institutional investors and hedge funds 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.