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Columbus Mckinnon ( (CMCO) ) just unveiled an announcement.
On February 2, 2026, Columbus McKinnon announced that the U.S. Department of Justice’s Antitrust Division had cleared its pending acquisition of Kito Crosby Limited, following an extended review that culminated in a consent decree requiring Columbus McKinnon to divest its U.S. power chain hoist and chain operations. With all regulatory approvals now secured and closing expected in February 2026, the deal is set to significantly scale the combined business and strengthen Columbus McKinnon’s global market position in lifting and securement, with management highlighting operational integration, cost synergies, and improved profitability as key benefits for customers and shareholders.
The most recent analyst rating on (CMCO) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on Columbus Mckinnon stock, see the CMCO Stock Forecast page.
Spark’s Take on CMCO Stock
According to Spark, TipRanks’ AI Analyst, CMCO is a Neutral.
CMCO’s score is driven by improving fundamentals (stronger cash generation and better leverage) and constructive technical momentum. The biggest offset is very expensive valuation (P/E 152), while earnings-call commentary and corporate actions point to growth opportunities (backlog, acquisition) but with ongoing tariff and execution/leverage risks.
To see Spark’s full report on CMCO stock, click here.
More about Columbus Mckinnon
Columbus McKinnon Corporation is a leading global designer, manufacturer and marketer of intelligent motion solutions for material handling, providing products such as hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The company focuses on commercial and industrial applications that demand high safety and quality, leveraging its engineering expertise to efficiently and ergonomically move, lift, position, and secure materials worldwide.
Average Trading Volume: 292,688
Technical Sentiment Signal: Sell
Current Market Cap: $605.6M
For a thorough assessment of CMCO stock, go to TipRanks’ Stock Analysis page.