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Columbus McKinnon Terminates Employee Stock Ownership Plan

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Columbus McKinnon Terminates Employee Stock Ownership Plan

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Columbus Mckinnon ( (CMCO) ) has shared an update.

On August 4, 2025, Columbus McKinnon Corporation’s Board of Directors decided to terminate its Employee Stock Ownership Plan (ESOP), which held approximately 131,903 shares of the company’s common stock. This decision impacts the company’s executive officers and other participants, as their vested account balances will be distributed or rolled over into other retirement plans by October 2025.

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 faces profitability and valuation challenges, reflected in a weak technical outlook. However, strategic acquisitions and a strong order backlog provide future growth potential. The stock’s overall score is bolstered by corporate actions and a moderately positive earnings call.

To see Spark’s full report on CMCO stock, click here.

More about Columbus Mckinnon

Columbus McKinnon Corporation operates in the industrial sector, specializing in the manufacturing of material handling products and systems. The company focuses on providing solutions for lifting, positioning, and securing materials, serving a diverse range of markets globally.

Average Trading Volume: 452,913

Technical Sentiment Signal: Sell

Current Market Cap: $405.3M

For a thorough assessment of CMCO stock, go to TipRanks’ Stock Analysis page.

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