American Century Companies Inc. Increases Stake in Columbia Sportswear Company $COLM

American Century Companies Inc. boosted its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM) by 3.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,003,611 shares of the textile maker’s stock after buying an additional 31,085 shares during the period. American Century Companies Inc.’s holdings in Columbia Sportswear were worth $52,489,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Columbia Sportswear in the 3rd quarter valued at about $449,000. CWM LLC increased its stake in shares of Columbia Sportswear by 1,362.1% during the third quarter. CWM LLC now owns 21,770 shares of the textile maker’s stock worth $1,139,000 after buying an additional 20,281 shares during the period. Heartland Advisors Inc. purchased a new stake in shares of Columbia Sportswear during the third quarter worth approximately $1,394,000. Allianz Asset Management GmbH raised its holdings in Columbia Sportswear by 87.6% in the third quarter. Allianz Asset Management GmbH now owns 231,198 shares of the textile maker’s stock valued at $12,092,000 after acquiring an additional 107,943 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new position in Columbia Sportswear in the second quarter worth approximately $2,307,000. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Citigroup reiterated a “neutral” rating and set a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Robert W. Baird set a $63.00 price objective on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Stifel Nicolaus increased their target price on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, BTIG Research restated a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a research note on Friday, January 30th. 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Trading Down 0.3%

Shares of Columbia Sportswear stock opened at $60.06 on Friday. The company has a fifty day simple moving average of $58.12 and a 200-day simple moving average of $55.25. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 18.54 and a beta of 0.86. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $89.00.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data 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. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the firm posted $1.80 earnings per share. Columbia Sportswear’s revenue for the quarter 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. On average, analysts forecast that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, March 9th. Columbia Sportswear’s dividend payout ratio is presently 37.04%.

Columbia Sportswear 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.