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Columbus Mckinnon ( (CMCO) ) has provided an update.
At the 2025 Annual Meeting of Shareholders held on August 15, Columbus McKinnon Corporation’s shareholders approved all management proposals. These included the election of nine directors, an advisory vote on executive compensation, and the ratification of Ernst & Young LLP as the independent accounting firm. Additionally, shareholders approved proposals to eliminate stock issuance restrictions, increase authorized shares, and permit preemptive rights, which are expected to enhance the company’s operational flexibility and compliance with Nasdaq rules.
The most recent analyst rating on (CMCO) stock is a Hold with a $35.00 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.
Columbus McKinnon’s overall stock score reflects a balanced view of its financial performance, technical indicators, valuation, earnings call insights, and corporate events. The most significant factors include the mixed financial performance with profitability challenges and a neutral technical outlook. Positive corporate events and a slightly favorable earnings call sentiment provide some support, but the negative P/E ratio and bearish technical indicators weigh on the overall score.
To see Spark’s full report on CMCO stock, click here.
More about Columbus Mckinnon
Columbus McKinnon Corporation operates in the industrial sector, primarily focusing on designing, manufacturing, and marketing material handling products and systems. The company targets markets that require lifting, positioning, and securing products, serving a diverse range of industries globally.
Average Trading Volume: 451,934
Technical Sentiment Signal: Sell
Current Market Cap: $410.8M
Find detailed analytics on CMCO stock on TipRanks’ Stock Analysis page.