Columbus McKinnon (CMCO)

• Market cap: $1.05B
• 1 day: -0.22%
• 5 days: -5.58%
• 1 month: 1.53%
• 3 months: 13.15%
• 6 months: 3.80%
• Year to date: -5.26%
• 1 year: -4.37%
• 5 years: -8.44%
• 10 years: 33.72%
• Sector: Industrials
• Industry: Construction Machinery & Equipment

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

19% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 70

1% more capital invested

Capital invested by funds: $993M [Q2] → $1B (+$11.5M) [Q3]

3% less funds holding

Funds holding: 209 [Q2] → 203 (-6) [Q3]

3.12% less ownership

Funds ownership: 99.76% [Q2] → 96.65% (-3.12%) [Q3]

18% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 34