Columbia Sportswear Company (NASDAQ:COLM – Get Free Report) Director Stephen Babson sold 4,150 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were 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. The trade was a 3.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Columbia Sportswear Trading Up 0.8%
Shares of COLM stock opened at $66.57 on Wednesday. The firm has a 50-day moving average price of $59.50 and a 200 day moving average price of $57.62. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $68.29. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 21.20 and a beta of 0.93.
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last announced its earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.30. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The firm had revenue of $779.01 million during the quarter, compared to the consensus estimate of $758.26 million. During the same quarter in the previous year, the company posted $0.75 EPS. The firm’s revenue for the quarter was up .1% on a year-over-year basis. 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. As a group, research analysts predict that Columbia Sportswear Company will post 3.86 earnings per share for the current year.
Columbia Sportswear Announces Dividend
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on COLM. Citigroup reaffirmed a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. BTIG Research upped their price objective on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating 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 research report on Tuesday, May 26th. Stifel Nicolaus increased their target price 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. Finally, Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $62.67.
Check Out Our Latest Analysis on Columbia Sportswear
Institutional Investors Weigh In On Columbia Sportswear
Several large investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in Columbia Sportswear by 4.3% in the fourth quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock worth $227,000 after buying an additional 168 shares during the period. Oregon Public Employees Retirement Fund increased its position in Columbia Sportswear by 4.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker’s stock worth $286,000 after buying an additional 200 shares during the period. Bank of Montreal Can increased its position in Columbia Sportswear by 3.9% in the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock worth $293,000 after buying an additional 200 shares during the period. Parallel Advisors LLC increased its position in Columbia Sportswear by 43.6% in the first quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock worth $45,000 after buying an additional 248 shares during the period. Finally, Huntington National Bank increased its position in Columbia Sportswear by 33.8% in the third quarter. Huntington National Bank now owns 1,005 shares of the textile maker’s stock worth $53,000 after buying an additional 254 shares during the period. 47.76% of the stock is owned by institutional investors and hedge funds.
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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