Columbia Sportswear Company (NASDAQ:COLM) Given Average Rating of “Hold” by Analysts

Columbia Sportswear Company (NASDAQ:COLMGet Free Report) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $62.6667.

A number of analysts have commented on COLM shares. BTIG Research boosted their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings lowered shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. Citigroup reiterated a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, UBS Group restated a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st.

Check Out Our Latest Stock Analysis on Columbia Sportswear

Insider Activity

In related news, Director Stephen E. Babson sold 4,150 shares of Columbia Sportswear 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 transaction, the director owned 132,376 shares of the company’s stock, valued at $8,994,949.20. The trade was a 3.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald E. Nelson sold 4,080 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the sale, the director owned 22,789 shares of the company’s stock, valued at $1,544,638.42. This trade represents a 15.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,559 shares of company stock worth $639,923 over the last 90 days. 51.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Columbia Sportswear

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Columbia Sportswear by 6.5% during the second quarter. GAMMA Investing LLC now owns 2,656 shares of the textile maker’s stock valued at $164,000 after purchasing an additional 162 shares in the last quarter. Cetera Investment Advisers grew its position in Columbia Sportswear by 4.3% in the 4th quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock worth $227,000 after purchasing an additional 168 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in Columbia Sportswear by 4.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker’s stock valued at $286,000 after buying an additional 200 shares during the last quarter. Bank of Montreal Can increased its stake in Columbia Sportswear by 3.9% in the 4th quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after buying an additional 200 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Columbia Sportswear by 43.6% during the 1st quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock worth $45,000 after buying an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM opened at $64.03 on Wednesday. Columbia Sportswear has a 52-week low of $47.47 and a 52-week high of $69.06. The business’s 50 day simple moving average is $63.30 and its two-hundred day simple moving average is $59.54. The firm has a market cap of $3.27 billion, a P/E ratio of 20.39 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The firm had revenue of $779.01 million during the quarter, compared to the consensus estimate of $758.26 million. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. 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 analysts forecast that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.30 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. Columbia Sportswear’s dividend payout ratio is 38.22%.

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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