Columbia Sportswear Target of Unusually Large Options Trading (NASDAQ:COLM)

Columbia Sportswear Company (NASDAQ:COLM) saw some unusual options trading on Wednesday. Investors purchased 2,744 call options on the stock. This is an increase of approximately 1,329% compared to the typical daily volume of 192 call options.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Stifel Nicolaus lowered their price target on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 31st. UBS Group reiterated a “sell” rating and issued a $39.00 target price (up previously from $38.00) on shares of Columbia Sportswear in a research note on Thursday, January 8th. Citigroup lowered their target price on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $56.00.

Institutional Investors Weigh In On Columbia Sportswear

A number of hedge funds and other institutional investors have recently bought and sold shares of COLM. Millennium Management LLC boosted its holdings in shares of Columbia Sportswear by 24.6% in the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after acquiring an additional 28,269 shares during the period. Jones Financial Companies Lllp lifted its holdings in Columbia Sportswear by 208.3% during the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after purchasing an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock worth $8,675,000 after purchasing an additional 2,680 shares during the period. Jane Street Group LLC grew its holdings in Columbia Sportswear by 125.0% during the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after buying an additional 64,046 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its holdings in Columbia Sportswear by 31.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 28,894 shares of the textile maker’s stock valued at $1,765,000 after buying an additional 6,831 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Trading Up 2.3%

Shares of COLM stock traded up $1.21 during trading hours on Wednesday, hitting $53.38. 64,339 shares of the company were exchanged, compared to its average volume of 464,279. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 16.13 and a beta of 0.90. The firm has a fifty day simple moving average of $54.72 and a 200 day simple moving average of $54.66. Columbia Sportswear has a 52-week low of $47.47 and a 52-week high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 EPS for the quarter, beating the consensus estimate of $1.25 by $0.16. The business had revenue of $943.43 million for the quarter, compared to the consensus estimate of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The company’s revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 earnings per share. 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. Sell-side analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

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

Columbia Sportswear Company 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.