CMCO, US1993331057

Columbus McKinnon stock gets a 10.27 percent stake filing

Published on 10/08/2026 at 02:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Global X reported 2,964,419 CMCO shares, or 10.27 percent, on October 7, 2026. Fiscal Q1 revenue reached USD 531.46 million, up 125.3 percent year over year.

CMCO, US1993331057, Illustration mit AI erstellt.

Columbus McKinnon Corporation (ISIN US1993331057) was last at USD 16.16 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, down 5.05 percent from the prior close of USD 17.02. The fresh ownership filing gives CMCO stock a new institutional shareholder to track.

According to StockTitan on October 7, 2026, Global X Management Company reported beneficial ownership of 2,964,419 shares, equal to 10.27 percent of Columbus McKinnon's common stock. The filing also assigned Global X sole voting and dispositive power over the reported shares.

Global X stake reaches 10.27 percent

The filing identifies the Global X U.S. Infrastructure Development ETF as having rights to dividends or sale proceeds tied to more than 5 percent of the class. It also states that the reported ownership was not acquired with the purpose of changing or influencing control, according to StockTitan.

For investors, the filing is a concrete ownership signal rather than an operating update. The reported position represents 10.27 percent of the class, while the stock's October 7 decline shows that ownership news did not establish the day's price direction.

Revenue rose 125.3 percent

Columbus McKinnon's latest reported operating period was fiscal Q1 2027, ended June 30, 2026. The company generated USD 531.46 million of revenue, up 125.3 percent from the year-ago quarter, while MarketBeat reported adjusted quarterly earnings of USD 0.61 per share against a USD 0.27 consensus estimate on October 1, 2026.

MarketBeat also reported that revenue exceeded the USD 501.27 million estimate. The comparison matters because the acquisition-driven growth came with a reported fiscal Q1 net loss of USD 88.43 million in the standardized statement data for the same period.

Analysts see USD 23 target

MarketBeat described a Moderate Buy consensus from five analysts on October 1, 2026, with an average 12-month price target of USD 23.00. That target lies 42.5 percent above the USD 16.16 price, using the October 7 Nasdaq quotation.

The company describes itself as a designer, manufacturer and marketer of intelligent motion solutions for material handling, including hoists, crane components, precision conveyors and motion-control systems, according to Columbus McKinnon. Its fiscal Q1 operating margin was negative 3.0 percent, making the conversion of revenue growth into operating profit a key valuation issue.

CMCO stock stays below its yearly high

CMCO stock was last at USD 16.16 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, with volume of 369,096 shares. The 52-week range was USD 11.99 to USD 24.40, and market capitalization stood at USD 465.9 million on the same date.