Columbia Sportswear (NASDAQ:COLM) Shares Down 4.2% – Should You Sell?

Shares of Columbia Sportswear Company (NASDAQ:COLM) were down 4.2% during trading on Friday . The stock traded as low as $53.54 and last traded at $51.7640. Approximately 418,435 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 748,708 shares. The stock had previously closed at $54.02.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. BTIG Research reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Columbia Sportswear in a research report on Friday, October 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, November 24th. Cfra Research raised shares of Columbia Sportswear to a “hold” rating in a research note on Monday, August 4th. Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Citigroup lowered their target price on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $55.80.

Columbia Sportswear Price Performance

The firm’s 50-day moving average price is $52.32 and its 200-day moving average price is $56.67. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 13.65 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. The business had revenue of $943.43 million during the quarter, compared to analyst estimates of $917.02 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.56 earnings per share. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS. FY 2025 guidance at 3.010-3.310 EPS. On average, sell-side analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, November 20th. Columbia Sportswear’s dividend payout ratio is presently 36.25%.

Institutional Investors Weigh In On Columbia Sportswear

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Columbia Sportswear during the 1st quarter valued at approximately $952,000. Federated Hermes Inc. increased its stake in Columbia Sportswear by 4.8% during the first quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker’s stock valued at $397,000 after purchasing an additional 241 shares during the last quarter. Vestcor Inc acquired a new stake in shares of Columbia Sportswear during the first quarter worth $297,000. US Bancorp DE lifted its position in shares of Columbia Sportswear by 35.2% in the 1st quarter. US Bancorp DE now owns 2,569 shares of the textile maker’s stock worth $194,000 after buying an additional 669 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its holdings in shares of Columbia Sportswear by 51.0% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 44,363 shares of the textile maker’s stock valued at $3,358,000 after buying an additional 14,992 shares during the period. Institutional investors own 47.76% of the company’s stock.

About Columbia Sportswear

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.