Vanguard Group Inc. reduced its position in shares of Columbia Sportswear Company (NASDAQ:COLM – Free Report) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,382,600 shares of the textile maker’s stock after selling 26,770 shares during the period. Vanguard Group Inc.’s holdings in Columbia Sportswear were worth $131,257,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares during the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of Columbia Sportswear in the third quarter worth $26,000. Fifth Third Bancorp grew its stake in shares of Columbia Sportswear by 630.0% in the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after purchasing an additional 441 shares during the last quarter. Allworth Financial LP raised its position in Columbia Sportswear by 690.0% during the 3rd 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. Finally, 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. Institutional investors and hedge funds own 47.76% of the company’s stock.
Insider Activity
In other news, Director Sabrina Simmons sold 1,329 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the transaction, the director owned 8,260 shares of the company’s stock, valued at $505,842.40. This represents a 13.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 51.90% of the stock is owned by company insiders.
Columbia Sportswear Stock Performance
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last released its earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. The company had revenue of $779.01 million for 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%. Columbia Sportswear’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 EPS. 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 research analysts forecast that Columbia Sportswear Company will post 3.88 EPS for the current year.
Columbia Sportswear Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. Columbia Sportswear’s dividend payout ratio is currently 38.22%.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on COLM. Citigroup restated a “neutral” rating and set a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. Zacks Research downgraded shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. UBS Group restated a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Stifel Nicolaus lifted their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $62.67.
Check Out Our Latest Report on COLM
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.
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