Analysts Set Columbia Sportswear Company (NASDAQ:COLM) Target Price at $65.40

Columbia Sportswear Company (NASDAQ:COLM) has been given an average recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $65.40.

Several analysts have recently weighed in on the company. Zacks Research downgraded Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. 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. Citigroup reiterated a “neutral” rating and issued a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Stifel Nicolaus set a $67.00 price target on Columbia Sportswear and gave the company a “buy” rating in a report on Friday. Finally, Robert W. Baird set a $65.00 price objective on Columbia Sportswear in a research note on Friday.

Columbia Sportswear Trading Down 1.8%

Shares of COLM stock opened at $57.59 on Friday. The company has a market capitalization of $2.95 billion, a PE ratio of 14.96 and a beta of 0.94. The firm has a fifty day simple moving average of $63.93 and a 200-day simple moving average of $60.50. Columbia Sportswear has a twelve month low of $47.47 and a twelve month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The business had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. During the same period last year, the business earned ($0.19) EPS. The business’s revenue was up 1.5% on a year-over-year basis. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. Equities research analysts predict that Columbia Sportswear will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio is 31.17%.

Insider Buying and Selling

In other news, Director Stephen E. Babson sold 4,150 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the sale, the director 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 can be accessed through this hyperlink. Also, Director Ronald E. Nelson sold 4,080 shares of Columbia Sportswear stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total transaction of $276,542.40. Following the completion of the sale, the director owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their position. The disclosure for this sale is available in the SEC filing. 51.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in COLM. Millennium Management LLC lifted its position in shares of Columbia Sportswear by 24.6% during the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after purchasing an additional 28,269 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after buying an additional 375 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Columbia Sportswear by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after buying an additional 2,680 shares in the last quarter. Jane Street Group LLC raised its stake in Columbia Sportswear by 125.0% during the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after buying an additional 64,046 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in Columbia Sportswear by 11.7% during the 2nd quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock worth $204,000 after buying an additional 350 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Columbia Sportswear Company 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.