Heartland Advisors Inc. Grows Holdings in Columbia Sportswear Company $COLM

Heartland Advisors Inc. raised its position in Columbia Sportswear Company (NASDAQ:COLM) by 198.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 235,091 shares of the textile maker’s stock after buying an additional 156,402 shares during the period. Heartland Advisors Inc.’s holdings in Columbia Sportswear were worth $12,885,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers lifted its position in shares of 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 buying an additional 168 shares in the last quarter. Oregon Public Employees Retirement Fund grew 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 acquiring an additional 200 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Columbia Sportswear by 3.9% in the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after acquiring an additional 200 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 297 shares during the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Columbia Sportswear by 11.7% during the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 350 shares during the last quarter. Institutional investors own 47.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on COLM. BTIG Research boosted their price objective on Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. 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 report on Friday, May 1st. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Citigroup reissued a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $62.67.

Insider Buying and Selling

In other Columbia Sportswear news, Director Sabrina Simmons sold 1,329 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.24, for a total value of $81,387.96. Following the sale, the director directly owned 8,260 shares in the company, valued at $505,842.40. This represents a 13.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ronald E. Nelson sold 4,080 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total transaction of $276,542.40. Following the completion of the transaction, the director directly owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 9,559 shares of company stock valued at $639,923. Company insiders own 51.90% of the company’s stock.

Columbia Sportswear Stock Down 1.3%

Shares of NASDAQ COLM opened at $63.50 on Friday. The company has a market cap of $3.25 billion, a P/E ratio of 20.22 and a beta of 0.94. Columbia Sportswear Company has a 52 week low of $47.47 and a 52 week high of $69.06. The business has a 50-day simple moving average of $63.57 and a two-hundred day simple moving average of $59.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly 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 return on equity of 11.78% and a net margin of 4.98%.The firm had revenue of $779.01 million for the quarter, compared to analysts’ expectations of $758.26 million. During the same period in the prior year, the business posted $0.75 earnings per share. The company’s revenue 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. Equities research analysts anticipate that Columbia Sportswear Company will post 3.86 EPS for the current 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 dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, May 21st. Columbia Sportswear’s dividend payout ratio is 38.22%.

Columbia Sportswear Profile

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.