GSA Capital Partners LLP Takes $1.84 Million Position in Columbia Sportswear Company $COLM

GSA Capital Partners LLP purchased a new position in Columbia Sportswear Company (NASDAQ:COLM) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 35,195 shares of the textile maker’s stock, valued at approximately $1,841,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position 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 worth $56,674,000 after buying an additional 739,584 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Columbia Sportswear by 231.7% during the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after acquiring an additional 256,578 shares in the last quarter. Norges Bank purchased a new stake in shares of Columbia Sportswear during the second quarter worth $14,669,000. AQR Capital Management LLC boosted its position in Columbia Sportswear by 67.5% during the second 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 during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in Columbia Sportswear in the 2nd quarter worth about $12,238,000. 47.76% of the stock is owned by hedge funds and other institutional investors.

Columbia Sportswear Price Performance

Shares of COLM opened at $63.29 on Tuesday. The company has a market capitalization of $3.41 billion, a PE ratio of 19.53 and a beta of 0.91. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $92.88. The company’s fifty day moving average price is $56.60 and its 200 day moving average price is $54.35.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.51. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The firm’s revenue was down 2.4% compared to the same quarter last year. During the same period last year, the business posted $1.80 earnings per share. 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. Analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be issued 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 1.9%. Columbia Sportswear’s payout ratio is 37.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on COLM shares. UBS Group reissued a “sell” rating and issued a $44.00 price target (up previously from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Finally, Stifel Nicolaus upped their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Columbia Sportswear has an average rating of “Hold” and a consensus target price of $60.50.

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.