Neo Ivy Capital Management Takes $1.86 Million Position in Columbia Sportswear Company $COLM

Neo Ivy Capital Management purchased a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the second quarter, Holdings Channel reports. The institutional investor purchased 30,387 shares of the textile maker’s stock, valued at approximately $1,856,000.

Several other institutional investors have also modified their holdings of COLM. Jacobs Levy Equity Management Inc. acquired a new position in shares of Columbia Sportswear during the 1st quarter worth about $39,222,000. Trexquant Investment LP acquired a new stake in Columbia Sportswear in the 1st quarter worth about $10,834,000. American Century Companies Inc. increased its stake in Columbia Sportswear by 12.7% during the 1st quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker’s stock worth $75,464,000 after buying an additional 112,282 shares in the last quarter. Gotham Asset Management LLC raised its holdings in shares of Columbia Sportswear by 175.1% during the first quarter. Gotham Asset Management LLC now owns 176,163 shares of the textile maker’s stock valued at $13,334,000 after acquiring an additional 112,127 shares during the last quarter. Finally, Allianz Asset Management GmbH lifted its position in shares of Columbia Sportswear by 233.1% in the second quarter. Allianz Asset Management GmbH now owns 123,255 shares of the textile maker’s stock valued at $7,528,000 after acquiring an additional 86,256 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Stock Performance

COLM opened at $49.87 on Friday. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $92.88. The stock has a market capitalization of $2.69 billion, a PE ratio of 12.72 and a beta of 0.94. The business’s 50 day moving average price is $52.36 and its 200 day moving average price is $57.25.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The company had revenue of $943.43 million during the quarter, compared to analysts’ expectations of $917.02 million. During the same quarter last year, the firm earned $1.56 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS. FY 2025 guidance at 3.010-3.310 EPS. As a group, equities research analysts forecast that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.4%. Columbia Sportswear’s dividend payout ratio (DPR) is currently 36.25%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on COLM shares. UBS Group reiterated a “sell” rating and set a $38.00 price target (down from $40.00) on shares of Columbia Sportswear in a research report on Friday, October 31st. Zacks Research cut shares of Columbia Sportswear from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 30th. Cfra Research raised shares of Columbia Sportswear to a “hold” rating in a research note on Monday, August 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday. Finally, Stifel Nicolaus cut their price objective on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a report on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Columbia Sportswear currently has a consensus rating of “Hold” and an average price target of $60.50.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.