Perbak Capital Partners LLP increased its stake in shares of Columbia Sportswear Company (NASDAQ:COLM – Free Report) by 92.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,422 shares of the textile maker’s stock after purchasing an additional 12,678 shares during the quarter. Perbak Capital Partners LLP’s holdings in Columbia Sportswear were worth $1,382,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COLM. JPMorgan Chase & Co. increased its stake in Columbia Sportswear by 215.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock valued at $56,674,000 after buying an additional 739,584 shares during the period. Invesco Ltd. boosted its stake in shares of Columbia Sportswear by 231.7% during the 2nd quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after buying an additional 256,578 shares during the period. Norges Bank purchased a new position in shares of Columbia Sportswear during the 2nd quarter valued at $14,669,000. AQR Capital Management LLC grew its holdings 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 acquiring an additional 213,905 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in shares of Columbia Sportswear in the second quarter worth $12,238,000. 47.76% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on COLM shares. UBS Group reissued a “sell” rating and set a $44.00 price objective (up from $39.00) on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Robert W. Baird set a $63.00 target price on Columbia Sportswear in a research report on Wednesday, February 4th. BTIG Research reaffirmed a “buy” rating and set a $75.00 price target on shares of Columbia Sportswear in a research note on Friday, January 30th. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Finally, Citigroup reissued a “neutral” rating and issued a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.50.
Columbia Sportswear Stock Performance
COLM opened at $55.25 on Friday. The company has a market cap of $2.89 billion, a PE ratio of 17.05 and a beta of 0.86. The stock has a 50-day moving average of $58.21 and a 200-day moving average of $55.32. Columbia Sportswear Company has a 52-week low of $47.47 and a 52-week high of $80.37.
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business earned $1.80 EPS. The firm’s revenue was down 2.4% compared to the same quarter last year. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. On average, research analysts predict that Columbia Sportswear Company will post 4.1 earnings per share for the current year.
Columbia Sportswear Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Monday, March 9th. Columbia Sportswear’s payout ratio is presently 37.04%.
Columbia Sportswear Company Profile
Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.
Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.
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