Stephen Babson Sells 4,150 Shares of Columbia Sportswear (NASDAQ:COLM) Stock

Columbia Sportswear Company (NASDAQ:COLM) Director Stephen Babson sold 4,150 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the transaction, the director owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Columbia Sportswear Stock Down 0.3%

NASDAQ:COLM traded down $0.17 during trading hours on Monday, hitting $66.01. 562,109 shares of the stock were exchanged, compared to its average volume of 670,029. The company has a market capitalization of $3.38 billion, a P/E ratio of 21.02 and a beta of 0.93. The company’s 50 day moving average is $59.29 and its two-hundred day moving average is $57.52. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $68.29.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.35 by $0.30. The company had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the firm earned $0.75 EPS. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. On average, equities research analysts expect that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Thursday, May 21st. Columbia Sportswear’s dividend payout ratio (DPR) is presently 38.22%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in Columbia Sportswear by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker’s stock valued at $121,824,000 after purchasing an additional 301,277 shares during the period. AQR Capital Management LLC boosted its position in shares of Columbia Sportswear by 19.6% during the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock worth $63,967,000 after purchasing an additional 190,453 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock worth $60,441,000 after purchasing an additional 13,499 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Columbia Sportswear by 3.2% in the 3rd quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock valued at $52,489,000 after buying an additional 31,085 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Columbia Sportswear by 25.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock valued at $32,497,000 after buying an additional 119,354 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

Analysts Set New Price Targets

COLM has been the topic of a number of research reports. Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a research report on Wednesday, February 4th. UBS Group reiterated a “sell” rating and set a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. BTIG Research boosted their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Finally, Stifel Nicolaus raised their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Columbia Sportswear currently has a consensus rating of “Hold” and a consensus price target of $62.67.

About Columbia Sportswear

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.