Columbia Sportswear Company (NASDAQ:COLM) Given Average Recommendation of “Reduce” by Brokerages

Shares of Columbia Sportswear Company (NASDAQ:COLM) have received an average recommendation of “Reduce” from the nine research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $60.80.

A number of research firms have recently issued reports on COLM. Zacks Research downgraded shares of Columbia Sportswear from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 30th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Columbia Sportswear in a research note on Wednesday. Barclays dropped their price objective on shares of Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating on the stock in a research note on Friday, August 1st. Cfra Research upgraded shares of Columbia Sportswear to a “hold” rating in a research note on Monday, August 4th. Finally, UBS Group dropped their price objective on shares of Columbia Sportswear from $45.00 to $40.00 and set a “sell” rating on the stock in a research note on Friday, August 1st.

Hedge Funds Weigh In On Columbia Sportswear

Several hedge funds have recently modified their holdings of COLM. Jacobs Levy Equity Management Inc. acquired a new position in shares of Columbia Sportswear during the first quarter valued at about $39,222,000. Invesco Ltd. lifted its stake in shares of Columbia Sportswear by 231.7% during the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after buying an additional 256,578 shares during the period. Norges Bank acquired a new stake in shares of Columbia Sportswear during the second quarter worth $14,669,000. AQR Capital Management LLC lifted its stake in shares of Columbia Sportswear by 67.5% during the second quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker’s stock worth $32,387,000 after buying an additional 213,905 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Columbia Sportswear during the second quarter worth $12,238,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Price Performance

Columbia Sportswear stock opened at $48.96 on Monday. The firm has a market capitalization of $2.68 billion, a P/E ratio of 12.49 and a beta of 0.98. The company’s 50-day moving average is $53.58 and its 200 day moving average is $60.33. Columbia Sportswear has a 1-year low of $48.10 and a 1-year high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, July 31st. The textile maker reported ($0.19) EPS for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.09. The business had revenue of $605.25 million for the quarter, compared to analyst estimates of $587.97 million. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company posted ($0.20) earnings per share. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. Research analysts anticipate that Columbia Sportswear will post 4.1 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, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.5%. The ex-dividend date was Thursday, August 21st. Columbia Sportswear’s dividend payout ratio (DPR) is 30.61%.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.