Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected hoists, custom engineered hoists, and winches; crane systems, such as crane components, crane kits, enclosed track rail systems, mobile and workstation cranes, jib cranes, lift assists, and fall protection systems; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, clamps, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators. It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and sanitary and vertical elevation, fabric and modular belt conveyors, and flexible chain conveyor systems, as well as pallet system conveyors. The company serves market verticals, including general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, government agencies, original equipment manufacturers, and engineering procurement and construction firms. The company was founded in 1875 and is headquartered in Buffalo, New York.
IPO Year: 1996
Exchange: NASDAQ
Website: columbusmckinnon.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/18/2025 | $35.00 | Buy → Neutral | DA Davidson |
2/11/2025 | $35.00 | Buy → Neutral | DA Davidson |
6/4/2024 | $53.00 | Overweight | JP Morgan |
5/26/2022 | $37.00 | Overweight → Neutral | JP Morgan |
5/25/2022 | $60.00 → $35.00 | Buy → Hold | Craig Hallum |
12/7/2021 | $64.00 | Overweight | JP Morgan |