Columbia Sportswear Company (NASDAQ:COLM) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Columbia Sportswear Company (NASDAQ:COLMGet Free Report) have been given a consensus recommendation of “Hold” by the nine research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $56.00.

Several analysts have recently issued reports on COLM shares. Wall Street Zen lowered shares of Columbia Sportswear from a “hold” rating to a “sell” rating in a research report on Saturday, December 27th. Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Citigroup dropped their target price on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Finally, Stifel Nicolaus dropped their price objective on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 31st.

Get Our Latest Stock Analysis on Columbia Sportswear

Columbia Sportswear Stock Performance

COLM stock opened at $55.35 on Wednesday. The stock has a fifty day moving average of $54.49 and a 200-day moving average of $54.99. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $92.88. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 16.72 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. The business had revenue of $943.43 million for the quarter, compared to analysts’ expectations of $917.02 million. Columbia Sportswear had a return on equity of 12.45% and a net margin of 5.45%.The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 EPS. 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. Equities analysts predict that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were given 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 was Thursday, November 20th. Columbia Sportswear’s dividend payout ratio (DPR) is 36.25%.

Institutional Trading of Columbia Sportswear

Several institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of Columbia Sportswear by 215.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock valued at $56,674,000 after purchasing an additional 739,584 shares in the last quarter. AQR Capital Management LLC raised its position in Columbia Sportswear by 82.9% during the third quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after purchasing an additional 439,913 shares in the last quarter. Invesco Ltd. lifted its position in Columbia Sportswear by 231.7% in the 2nd quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after buying an additional 256,578 shares during the last quarter. Norges Bank bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at $14,669,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Columbia Sportswear during the second quarter valued at about $12,238,000. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Sportswear Company Profile

(Get Free Report)

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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Analyst Recommendations for Columbia Sportswear (NASDAQ:COLM)

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