Columbia Sportswear (NASDAQ:COLM) Lowered to Hold Rating by Zacks Research

Zacks Research cut shares of Columbia Sportswear (NASDAQ:COLM) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Several other equities analysts also recently commented on the stock. UBS Group restated 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. Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. BTIG Research increased their target price on shares of Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Citigroup restated a “neutral” rating and set a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.67.

Columbia Sportswear Stock Performance

Shares of COLM stock opened at $63.21 on Monday. Columbia Sportswear has a 52 week low of $47.47 and a 52 week high of $69.06. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 20.13 and a beta of 0.94. The company has a 50-day simple moving average of $63.70 and a 200 day simple moving average of $60.07.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.30. The firm had revenue of $779.01 million during the quarter, compared to the consensus estimate of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the business posted $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. Sell-side analysts forecast that Columbia Sportswear will post 3.86 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders 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 dividend yield of 1.9%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 38.22%.

Insider Buying and Selling

In other Columbia Sportswear news, Director Ronald E. Nelson sold 4,080 shares of Columbia Sportswear stock in a transaction dated 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 $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the transaction, the director directly owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This trade represents a 3.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 9,559 shares of company stock worth $639,923 in the last ninety days. 51.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Columbia Sportswear

Several hedge funds have recently modified their holdings of COLM. Farther Finance Advisors LLC raised its position in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 297 shares during the last quarter. Allworth Financial LP grew its holdings in shares of 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 purchasing an additional 483 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of 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 purchasing an additional 415 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after buying an additional 375 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Columbia Sportswear by 255.7% in the second quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock valued at $42,000 after buying an additional 491 shares during the period. 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.