Symphony Financial Ltd. Co. Invests $3.50 Million in Columbia Sportswear Company $COLM

Symphony Financial Ltd. Co. acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 155,339 shares of the textile maker’s stock, valued at approximately $3,498,000.

Several other large investors have also bought and sold shares of the company. Hsbc Holdings PLC acquired a new position in Columbia Sportswear during the second quarter worth about $1,280,000. Empowered Funds LLC acquired a new stake in Columbia Sportswear in the 2nd quarter valued at about $1,840,000. Jefferies Financial Group Inc. bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at about $668,000. Public Employees Retirement System of Ohio acquired a new position in shares of Columbia Sportswear in the 2nd quarter worth approximately $611,000. Finally, Capstone Investment Advisors LLC bought a new stake in shares of Columbia Sportswear in the 2nd quarter worth approximately $2,467,000. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Trading Down 1.0%

NASDAQ:COLM opened at $56.81 on Wednesday. The business’s fifty day moving average price is $60.81 and its 200 day moving average price is $60.66. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 14.76 and a beta of 0.94. Columbia Sportswear Company has a 1-year low of $47.47 and a 1-year high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.91. The business had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.19) earnings per share. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. Equities analysts forecast that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. Columbia Sportswear’s dividend payout ratio is 31.17%.

Analyst Ratings Changes

A number of brokerages recently weighed in on COLM. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Wall Street Zen upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Zacks Research lowered Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Robert W. Baird set a $65.00 target price on Columbia Sportswear in a report on Friday, July 31st. Finally, BTIG Research reaffirmed a “buy” rating and set a $80.00 target price on shares of Columbia Sportswear in a report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $65.40.

Columbia Sportswear 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.