Columbia Sportswear (NASDAQ:COLM) Downgraded 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 research note released on Monday morning,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 29th. Wall Street Zen raised shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Stifel Nicolaus increased their price target on shares of Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Finally, UBS Group reissued a “sell” rating and issued a $44.00 price target (up from $39.00) on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $60.50.

Columbia Sportswear Trading Down 1.0%

NASDAQ:COLM traded down $0.66 during mid-day trading on Monday, hitting $63.31. The company’s stock had a trading volume of 41,184 shares, compared to its average volume of 683,420. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $71.68. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of 19.58 and a beta of 0.89. The stock has a fifty day moving average of $58.39 and a 200-day moving average of $55.75.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.51. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the prior year, the business posted $1.80 earnings per share. The company’s quarterly revenue was down 2.4% compared to the same quarter last year. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. On average, equities analysts anticipate that Columbia Sportswear will post 3.46 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Monday, March 9th were given a $0.30 dividend. The ex-dividend date was Monday, March 9th. This represents a $1.20 annualized dividend and a yield of 1.9%. Columbia Sportswear’s payout ratio is presently 37.04%.

Hedge Funds Weigh In On Columbia Sportswear

Several institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in Columbia Sportswear by 5.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,921,493 shares of the textile maker’s stock valued at $105,859,000 after purchasing an additional 96,260 shares during the last quarter. AQR Capital Management LLC raised its position in Columbia Sportswear by 19.6% in the 4th quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock valued at $63,967,000 after purchasing an additional 190,453 shares during the last quarter. JPMorgan Chase & Co. raised its position in Columbia Sportswear by 1.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock valued at $60,441,000 after purchasing an additional 13,499 shares during the last quarter. American Century Companies Inc. raised its position in Columbia Sportswear by 3.2% in the 3rd quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock valued at $52,489,000 after purchasing an additional 31,085 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Columbia Sportswear by 25.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock valued at $32,497,000 after purchasing an additional 119,354 shares during the last quarter. Institutional investors own 47.76% of the company’s stock.

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.