JPMorgan Chase & Co. Has $56.67 Million Holdings in Columbia Sportswear Company $COLM

JPMorgan Chase & Co. lifted its stake in Columbia Sportswear Company (NASDAQ:COLMFree Report) by 215.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,083,624 shares of the textile maker’s stock after buying an additional 739,584 shares during the period. JPMorgan Chase & Co.’s holdings in Columbia Sportswear were worth $56,674,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Sellwood Investment Partners LLC acquired a new position in shares of Columbia Sportswear in the 3rd quarter valued at $26,000. Elevation Point Wealth Partners LLC bought a new stake in Columbia Sportswear in the second quarter valued at about $31,000. CX Institutional bought a new position in Columbia Sportswear during the third quarter worth about $31,000. Quent Capital LLC bought a new position in Columbia Sportswear during the third quarter worth about $36,000. Finally, Hantz Financial Services Inc. boosted its holdings in Columbia Sportswear by 960.3% during the third quarter. Hantz Financial Services Inc. now owns 721 shares of the textile maker’s stock valued at $38,000 after purchasing an additional 653 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Price Performance

COLM stock opened at $60.86 on Thursday. The company has a 50 day moving average price of $57.51 and a 200 day moving average price of $54.90. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $92.88. The stock has a market capitalization of $3.28 billion, a PE ratio of 18.78 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last released its earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating the consensus estimate of $1.22 by $0.51. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The business’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the firm earned $1.80 EPS. 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. As a group, equities analysts expect that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, March 9th. Columbia Sportswear’s payout ratio is currently 37.04%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COLM. Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. BTIG Research reissued a “buy” rating and set a $75.00 price target on shares of Columbia Sportswear in a report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Finally, Stifel Nicolaus boosted their target price on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Columbia Sportswear has an average rating of “Hold” and an average target price of $60.50.

Get Our Latest Stock Report on Columbia Sportswear

Columbia Sportswear Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Columbia Sportswear (NASDAQ:COLM)

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