Columbia Sportswear (NASDAQ:COLM) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of Columbia Sportswear (NASDAQ:COLM) from a hold rating to a sell rating in a report published on Saturday.

A number of other analysts have also issued reports on the company. BTIG Research restated a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a report on Friday, October 31st. UBS Group reissued a “sell” rating and issued a $38.00 price objective (down from $40.00) on shares of Columbia Sportswear in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 22nd. Stifel Nicolaus dropped their target price on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Finally, Citigroup reduced their price target 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. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $55.80.

Columbia Sportswear Price Performance

Shares of COLM opened at $55.58 on Friday. The company has a 50-day moving average of $53.74 and a two-hundred day moving average of $55.47. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 16.79 and a beta of 0.92. Columbia Sportswear has a one year low of $47.47 and a one year high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The business had revenue of $943.43 million for the quarter, compared to analyst estimates of $917.02 million. During the same quarter in the previous year, the business earned $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. Analysts anticipate that Columbia Sportswear will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, November 20th. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. Columbia Sportswear’s dividend payout ratio is 36.25%.

Institutional Investors Weigh In On Columbia Sportswear

Several institutional investors and hedge funds have recently modified their holdings of COLM. Sellwood Investment Partners LLC acquired a new position in Columbia Sportswear during the third quarter worth $26,000. Fifth Third Bancorp boosted its stake in shares of Columbia Sportswear by 630.0% during the 3rd quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after acquiring an additional 441 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 483 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Columbia Sportswear by 250.0% in the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 415 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Columbia Sportswear in the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds 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.