Y Intercept Hong Kong Ltd Purchases 45,946 Shares of Columbia Sportswear Company $COLM

Y Intercept Hong Kong Ltd grew its holdings in Columbia Sportswear Company (NASDAQ:COLM) by 1,244.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,638 shares of the textile maker’s stock after purchasing an additional 45,946 shares during the quarter. Y Intercept Hong Kong Ltd owned approximately 0.09% of Columbia Sportswear worth $2,596,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Invesco Ltd. boosted its stake in Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after acquiring an additional 256,578 shares during the last quarter. Norges Bank acquired a new position in shares of Columbia Sportswear in the 2nd quarter valued at $14,669,000. AQR Capital Management LLC boosted its position in shares of Columbia Sportswear by 67.5% in the 2nd quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker’s stock worth $32,387,000 after purchasing an additional 213,905 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Columbia Sportswear during the second quarter worth $12,238,000. Finally, Qube Research & Technologies Ltd bought a new stake in Columbia Sportswear in the second quarter valued at about $7,359,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. UBS Group reissued a “sell” rating and set a $39.00 price target (up from $38.00) on shares of Columbia Sportswear in a research report on Thursday, January 8th. Citigroup lowered their price objective on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, BTIG Research reiterated a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear 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 one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $56.00.

Columbia Sportswear Stock Up 1.2%

Shares of NASDAQ:COLM opened at $54.11 on Wednesday. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 16.35 and a beta of 0.90. The company’s fifty day simple moving average is $54.78 and its 200 day simple moving average is $54.32. Columbia Sportswear Company has a 12 month low of $47.47 and a 12 month high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.45% and a net margin of 5.45%.The company had revenue of $943.43 million during the quarter, compared to the consensus estimate of $917.02 million. During the same quarter in the prior year, the firm posted $1.56 earnings per share. The firm’s 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 and its FY 2025 guidance at 3.010-3.310 EPS. Research analysts expect that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

About Columbia Sportswear

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.