Climb Global Solutions (NASDAQ:CLMB) Given Outperform Rating at Barrington Research

Barrington Research reissued their outperform rating on shares of Climb Global Solutions (NASDAQ:CLMB) in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has a $136.00 price target on the stock. Barrington Research also issued estimates for Climb Global Solutions’ Q3 2025 earnings at $1.15 EPS and Q4 2025 earnings at $1.74 EPS.

Climb Global Solutions Trading Up 2.9%

Climb Global Solutions stock opened at $128.53 on Monday. The stock has a market cap of $593.81 million, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 2.02 and a beta of 1.01. The stock has a 50 day moving average of $107.03 and a 200-day moving average of $111.37. Climb Global Solutions has a 52 week low of $83.86 and a 52 week high of $144.99.

Climb Global Solutions (NASDAQ:CLMB) last released its earnings results on Wednesday, July 30th. The company reported $1.39 EPS for the quarter, beating the consensus estimate of $0.90 by $0.49. The company had revenue of $159.28 million during the quarter, compared to analysts’ expectations of $113.25 million. Climb Global Solutions had a return on equity of 29.16% and a net margin of 3.82%. As a group, equities analysts predict that Climb Global Solutions will post 4.14 earnings per share for the current fiscal year.

Climb Global Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Monday, August 11th will be paid a dividend of $0.17 per share. The ex-dividend date is Monday, August 11th. This represents a $0.68 annualized dividend and a yield of 0.5%. Climb Global Solutions’s dividend payout ratio (DPR) is 14.11%.

Hedge Funds Weigh In On Climb Global Solutions

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Climb Global Solutions by 3.3% during the first quarter. Vanguard Group Inc. now owns 240,449 shares of the company’s stock worth $26,632,000 after purchasing an additional 7,737 shares during the last quarter. De Lisle Partners LLP lifted its stake in Climb Global Solutions by 1.6% during the second quarter. De Lisle Partners LLP now owns 228,088 shares of the company’s stock worth $24,418,000 after purchasing an additional 3,500 shares during the last quarter. Wasatch Advisors LP lifted its stake in Climb Global Solutions by 1.4% during the fourth quarter. Wasatch Advisors LP now owns 122,723 shares of the company’s stock worth $15,555,000 after purchasing an additional 1,645 shares during the last quarter. Invesco Ltd. lifted its stake in Climb Global Solutions by 11.5% during the fourth quarter. Invesco Ltd. now owns 95,199 shares of the company’s stock worth $12,066,000 after purchasing an additional 9,853 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Climb Global Solutions by 0.3% during the second quarter. Geode Capital Management LLC now owns 93,259 shares of the company’s stock worth $9,972,000 after purchasing an additional 259 shares during the last quarter. 49.72% of the stock is currently owned by institutional investors.

Climb Global Solutions Company Profile

Climb Global Solutions Inc operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter.