Columbus McKinnon stock gains 1.04 percent on debt repricing
Published on 09/29/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSColumbus McKinnon stock (ISIN US1993331057) was trading at EUR 14.55 at Lang & Schwarz on September 29, 2026 at 3:43 p.m. CEST, up 1.04 percent versus the prior close of EUR 14.40. The latest company catalyst is a debt repricing completed on September 21 and announced on September 22, 2026, which lowers borrowing margins while preserving existing maturities.
Debt costs move lower
According to StockTitan on September 22, 2026, Columbus McKinnon cut the interest rate margins on its USD 1,453.00 million Term Loan B and USD 500.00 million revolving facility by 50 basis points. The Term Loan B now carries a rate of SOFR plus 3.00 percent and matures on February 3, 2033.
The company expects the amendment to reduce annual cash interest expense by at least USD 7.30 million. That saving is strategically relevant because management has identified debt reduction as a capital allocation priority following the Kito Crosby acquisition.
Q1 sets a high bar
StockTitan reports that Q1 fiscal 2027 revenue for the period ended June 30, 2026 reached USD 531.46 million, up 125.30 percent from the prior year after the Kito Crosby transaction. Adjusted EPS was USD 0.61, compared with a USD 0.27 consensus estimate, while orders reached USD 568.10 million and backlog stood at USD 541.00 million.
Columbus McKinnon guided fiscal 2027 revenue to USD 2.09 billion to USD 2.15 billion and adjusted EPS to USD 1.90 to USD 2.10. The comparison between the USD 531.46 million quarterly revenue and the full-year guidance shows how much of the outlook depends on integration and sustained order conversion.
Analyst targets remain wide
As MarketBeat reported on September 25, 2026, JPMorgan had raised its price target from USD 25.00 to USD 29.00 on July 31, while DA Davidson had cut its target from USD 20.00 to USD 17.00 on June 15. The same overview cited a USD 23.00 consensus target, leaving analysts divided even after the strong first quarter.
Stock trades higher in euros
Lang & Schwarz showed Columbus McKinnon at EUR 14.55 on September 29, 2026 at 3:43 p.m. CEST, up 1.04 percent versus the Lang & Schwarz prior close of EUR 14.40 on September 28, 2026. The current move gives the debt savings and integration targets a direct market backdrop without combining the euro quote with the Nasdaq price.
Columbus McKinnon stock facts
- Company: Columbus McKinnon Corporation
- ISIN: US1993331057
- Ticker: CMCO
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of September 29, 2026, 3:43 p.m. CEST: EUR 14.55
- Change versus prior close: plus 1.04 percent
- Prior close Lang & Schwarz September 28, 2026: EUR 14.40
- Market capitalization: USD 477.8 million as of September 29, 2026
- Sector / Industry: Industrials / Industrial Machinery
