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Columbus McKinnon Corp (NASDAQ:CMCO) director Jeanne Beliveau-Dunn recently purchased 1,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The transaction, which took place on June 2, 2025, was executed at a price of $13.89 per share, amounting to a total value of $13,890. The purchase comes as the stock trades significantly below its 52-week high of $41.05, having declined over 62% in the past year. According to InvestingPro analysis, the stock appears undervalued at current levels.
Following this acquisition, Beliveau-Dunn’s direct ownership in Columbus McKinnon stands at 3,576 shares. The purchase reflects a continued investment in the company by its board members. Columbus McKinnon, known for its material handling products, continues to be a focus of interest for its stakeholders, maintaining dividend payments for 12 consecutive years with a current yield of 2%. InvestingPro subscribers can access detailed insider trading patterns and 10+ additional investment tips for CMCO, helping them make more informed investment decisions.
In other recent news, Columbus McKinnon Corporation reported its fourth-quarter and fiscal year 2025 financial results, revealing mixed performance. The company achieved an adjusted earnings per share (EPS) of $0.60, slightly surpassing the forecast of $0.58, but revenue fell short of expectations at $246.9 million compared to the anticipated $248.4 million. Columbus McKinnon experienced a 5% decline in organic sales for the quarter, although it saw a 4% increase in orders, driven by strong performance in conveyance and automation sectors. The company has maintained a cautious outlook for fiscal year 2026, projecting flat to slightly increased sales and adjusted EPS, despite facing tariff headwinds.
Columbus McKinnon is also navigating an antitrust review delay in its planned acquisition of Kito Crosby Limited, as the U.S. Department of Justice’s Antitrust Division issued a "Second Request" for additional information. This development extends the review period, with the acquisition’s completion contingent upon regulatory approval and other customary closing conditions. Analyst firm DA Davidson has maintained a Neutral rating on Columbus McKinnon, with a price target of $15.00, noting the company’s performance amid market challenges. The firm’s annual guidance aligns with DA Davidson’s expectations, although it is more conservative than broader market projections.
Columbus McKinnon remains focused on strategic acquisitions and operational improvements, emphasizing its commitment to working closely with the Antitrust Division to expedite the Kito Crosby acquisition process. The company’s strategic initiatives, including investments in manufacturing capabilities and managing external pressures, reflect its strategic focus on capitalizing on strengths in conveyance and automation segments.
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