CMCO stock icon

Columbus McKinnon
CMCO

$35.22
1.27%
 

About: Columbus McKinnon Corp is a designer, manufacturer, and marketer of intelligent motion solutions, including motion control products, technologies, automated systems, and services that efficiently and ergonomically move, lift, position, and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, process industries, industrial automation, and e-commerce/supply chain/warehousing among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Canada, Asia Pacific, Latin America, Europe, Middle East, and Africa.

Employees: 3,515

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]

65% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 20

14% more capital invested

Capital invested by funds: $1.07B [Q4 2023] → $1.22B (+$146M) [Q1 2024]

7% more funds holding

Funds holding: 187 [Q4 2023] → 200 (+13) [Q1 2024]

0.39% less ownership

Funds ownership: 95.47% [Q4 2023] → 95.08% (-0.39%) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 75

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$50
42%
upside
Avg. target
$52
46%
upside
High target
$53
50%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
JP Morgan
James Kirby
50%upside
$53
Overweight
Initiated
4 Jun 2024
DA Davidson
Matt Summerville
42%upside
$50
Buy
Maintained
5 Feb 2024

Financial journalist opinion

Based on 7 articles about CMCO published over the past 30 days