Columbia Sportswear Company (NASDAQ:COLM – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $55.32 and traded as high as $55.40. Columbia Sportswear shares last traded at $55.25, with a volume of 512,745 shares changing hands.
Analyst Ratings Changes
Several research analysts have recently commented on COLM shares. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Stifel Nicolaus boosted their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Citigroup restated a “neutral” rating and set a $62.00 target price (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $60.50.
Read Our Latest Research Report on Columbia Sportswear
Columbia Sportswear Stock Up 0.5%
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The firm 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 firm posted $1.80 EPS. The company’s revenue was down 2.4% on a year-over-year basis. 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. Sell-side analysts predict that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.
Columbia Sportswear Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear’s payout ratio is 37.04%.
Institutional Trading of Columbia Sportswear
Large investors have recently made changes to their positions in the company. Millennium Management LLC grew its stake in Columbia Sportswear by 24.6% during the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after buying an additional 28,269 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 375 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Columbia Sportswear by 2.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after acquiring an additional 2,680 shares during the period. Jane Street Group LLC grew its position in shares of Columbia Sportswear by 125.0% during the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after acquiring an additional 64,046 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Columbia Sportswear by 0.9% during the second quarter. Bank of New York Mellon Corp now owns 390,923 shares of the textile maker’s stock worth $23,878,000 after acquiring an additional 3,331 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.
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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