Columbia Sportswear Company (NASDAQ:COLM – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $58.94 and traded as high as $67.04. Columbia Sportswear shares last traded at $64.78, with a volume of 895,160 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on COLM shares. Weiss Ratings downgraded Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. UBS Group reaffirmed a “sell” rating and set a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Citigroup reiterated a “neutral” rating and issued a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. Zacks Research raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, BTIG Research increased their price target on Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $62.67.
Check Out Our Latest Report on COLM
Columbia Sportswear Trading Up 0.9%
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business had revenue of $779.01 million for the quarter, compared to the consensus estimate of $758.26 million. During the same period in the prior year, the business earned $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. On average, research analysts anticipate that Columbia Sportswear Company will post 3.86 earnings per share for the current fiscal year.
Columbia Sportswear Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Thursday, May 21st. Columbia Sportswear’s dividend payout ratio (DPR) is currently 38.22%.
Insider Activity at Columbia Sportswear
In other Columbia Sportswear news, Director Stephen E. Babson sold 4,150 shares of the firm’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total value of $281,992.50. Following the transaction, the director directly owned 132,376 shares of the company’s stock, valued at approximately $8,994,949.20. This trade represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sabrina Simmons sold 1,329 shares of Columbia Sportswear 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 9,559 shares of company stock valued at $639,923. 51.90% of the stock is owned by company insiders.
Hedge Funds Weigh In On Columbia Sportswear
Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers increased its holdings in Columbia Sportswear by 4.3% during the 4th quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock worth $227,000 after purchasing an additional 168 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of 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 valued at $286,000 after purchasing an additional 200 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Columbia Sportswear by 3.9% during the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after buying an additional 200 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Columbia Sportswear by 43.6% during the first quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock valued at $45,000 after buying an additional 248 shares during the last quarter. Finally, Huntington National Bank grew its holdings in Columbia Sportswear by 33.8% during 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 in the last quarter. Institutional investors 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.
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