Thrivent Financial for Lutherans Has $26.71 Million Stake in Columbia Sportswear Company $COLM

Thrivent Financial for Lutherans reduced its position in Columbia Sportswear Company (NASDAQ:COLM) by 13.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 437,234 shares of the textile maker’s stock after selling 69,214 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.80% of Columbia Sportswear worth $26,706,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Jacobs Levy Equity Management Inc. bought a new stake in Columbia Sportswear during the first quarter valued at $39,222,000. Invesco Ltd. lifted its stake in shares of Columbia Sportswear by 231.7% in the 2nd quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after purchasing an additional 256,578 shares during the period. Norges Bank acquired a new position in shares of Columbia Sportswear in the 2nd quarter valued at about $14,669,000. AQR Capital Management LLC boosted its position in shares of Columbia Sportswear by 67.5% during the 2nd quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker’s stock valued at $32,387,000 after purchasing an additional 213,905 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in Columbia Sportswear during the second quarter worth approximately $12,238,000. Institutional investors own 47.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Citigroup cut their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. UBS Group reiterated a “sell” rating and set a $38.00 target price (down previously from $40.00) on shares of Columbia Sportswear in a research report on Friday, October 31st. BTIG Research restated a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a report on Friday, October 31st. Stifel Nicolaus decreased their price target on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 8th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.80.

Columbia Sportswear Trading Down 0.2%

Shares of COLM stock opened at $57.04 on Tuesday. The firm has a fifty day simple moving average of $52.92 and a two-hundred day simple moving average of $55.83. Columbia Sportswear Company has a 12 month low of $47.47 and a 12 month high of $92.88. The firm has a market capitalization of $3.07 billion, a PE ratio of 17.23 and a beta of 0.92.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. The firm had revenue of $943.43 million for the quarter, compared to analyst estimates of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $1.56 earnings per share. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. On average, equities analysts predict that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Columbia Sportswear’s payout ratio is 36.25%.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.