Cinctive Capital Management LP Takes $882,000 Position in Columbia Sportswear Company $COLM

Cinctive Capital Management LP acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,872 shares of the textile maker’s stock, valued at approximately $882,000.

Several other large investors have also bought and sold shares of COLM. Wealth Enhancement Advisory Services LLC acquired a new stake in Columbia Sportswear in the 3rd quarter valued at about $449,000. CWM LLC boosted its position in shares of Columbia Sportswear by 1,362.1% during the 3rd quarter. CWM LLC now owns 21,770 shares of the textile maker’s stock valued at $1,139,000 after purchasing an additional 20,281 shares in the last quarter. Heartland Advisors Inc. acquired a new position in shares of Columbia Sportswear in the 3rd quarter worth approximately $1,394,000. Allianz Asset Management GmbH raised its holdings in shares of Columbia Sportswear by 87.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 231,198 shares of the textile maker’s stock worth $12,092,000 after purchasing an additional 107,943 shares in the last quarter. Finally, Quantbot Technologies LP raised its holdings in shares of Columbia Sportswear by 331.6% in the 2nd quarter. Quantbot Technologies LP now owns 84,570 shares of the textile maker’s stock worth $5,166,000 after purchasing an additional 64,974 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Price Performance

Columbia Sportswear stock opened at $55.02 on Tuesday. The firm’s 50 day simple moving average is $58.21 and its 200-day simple moving average is $55.33. The company has a market cap of $2.88 billion, a P/E ratio of 16.98 and a beta of 0.86. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $80.37.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (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 business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the previous year, the business earned $1.80 earnings per share. The firm’s revenue was down 2.4% compared to the same quarter last year. 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 expect that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

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. 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 dividend payout ratio is presently 37.04%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on COLM. Zacks Research upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Citigroup reaffirmed a “neutral” rating and issued a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Stifel Nicolaus increased their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. UBS Group reissued a “sell” rating and set a $44.00 price objective (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $63.00 target price on Columbia Sportswear in a report on Wednesday, February 4th. One investment 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $60.50.

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.