Columbia Sportswear (NASDAQ:COLM) Hits New 12-Month High – Here’s Why

Columbia Sportswear Company (NASDAQ:COLM) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $69.06 and last traded at $68.6530, with a volume of 28404 shares traded. The stock had previously closed at $66.99.

Wall Street Analysts Forecast Growth

COLM has been the topic of several analyst reports. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Weiss Ratings lowered Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. BTIG Research increased 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. UBS Group reiterated a “sell” rating and issued a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Finally, Citigroup reiterated a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $62.67.

Columbia Sportswear Stock Up 1.6%

The firm has a 50 day simple moving average of $61.44 and a 200-day simple moving average of $58.46. The stock has a market cap of $3.48 billion, a P/E ratio of 21.67 and a beta of 0.93.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.30. The firm had revenue of $779.01 million for the quarter, compared to analyst estimates of $758.26 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. 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 anticipate that Columbia Sportswear Company will post 3.86 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a $0.30 dividend. The ex-dividend date was Thursday, May 21st. This represents a $1.20 annualized dividend and a yield of 1.8%. Columbia Sportswear’s dividend payout ratio is currently 38.22%.

Insider Transactions at Columbia Sportswear

In other news, Director Stephen E. Babson sold 4,150 shares of the 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 in the company, valued at approximately $8,994,949.20. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald E. Nelson sold 4,080 shares of the stock in a transaction that occurred 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 transaction, the director owned 22,789 shares in the company, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 9,559 shares of company stock worth $639,923. Company insiders own 51.90% of the company’s stock.

Hedge Funds Weigh In On Columbia Sportswear

Large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after purchasing an additional 297 shares during the period. Fifth Third Bancorp grew its position in Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after buying an additional 441 shares in the last quarter. Allworth Financial LP grew its position in Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after buying an additional 483 shares in the last quarter. Parallel Advisors LLC grew its position in Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after buying an additional 415 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after buying an additional 375 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

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.