Sei Investments Co. Has $2.58 Million Stake in Columbia Sportswear Company $COLM

Sei Investments Co. raised its holdings in Columbia Sportswear Company (NASDAQ:COLMFree Report) by 506.4% in the first quarter, HoldingsChannel.com reports. The firm owned 47,019 shares of the textile maker’s stock after purchasing an additional 39,265 shares during the quarter. Sei Investments Co.’s holdings in Columbia Sportswear were worth $2,577,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in COLM. Dimensional Fund Advisors LP raised its position in shares of Columbia Sportswear by 15.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker’s stock valued at $121,824,000 after buying an additional 301,277 shares in the last quarter. AQR Capital Management LLC grew its position in Columbia Sportswear by 19.6% during the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock worth $63,967,000 after buying an additional 190,453 shares in the last quarter. JPMorgan Chase & Co. grew its position in Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock worth $60,441,000 after buying an additional 13,499 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Columbia Sportswear by 25.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock worth $32,497,000 after acquiring an additional 119,354 shares during the period. Finally, Deprince Race & Zollo Inc. acquired a new position in Columbia Sportswear in the 1st quarter valued at $27,407,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on COLM shares. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the company a “buy” rating in a research report on Friday, July 31st. Citigroup restated a “neutral” rating and issued a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. BTIG Research reaffirmed a “buy” rating and issued a $80.00 price target on shares of Columbia Sportswear in a research note on Friday, July 31st. UBS Group reaffirmed a “sell” rating and set a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Finally, Weiss Ratings downgraded shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Columbia Sportswear has an average rating of “Hold” and an average target price of $65.40.

Check Out Our Latest Stock Report on Columbia Sportswear

Insider Buying and Selling at Columbia Sportswear

In related news, Director Ronald E. Nelson sold 4,080 shares of the business’s 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 sale, the director owned 22,789 shares in the company, valued at $1,544,638.42. The trade was a 15.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total value of $281,992.50. Following the completion of the transaction, the director directly owned 132,376 shares of the company’s stock, valued at approximately $8,994,949.20. The trade was a 3.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 51.90% of the company’s stock.

Columbia Sportswear Price Performance

COLM stock opened at $57.36 on Friday. The company has a 50 day simple moving average of $63.36 and a 200 day simple moving average of $60.52. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 14.90 and a beta of 0.94. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $69.06.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last issued its 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. The firm had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.19) earnings per share. 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. On average, equities research analysts anticipate that Columbia Sportswear Company will post 3.58 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

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

About Columbia Sportswear

(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

Want to see what other hedge funds are holding COLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Columbia Sportswear Company (NASDAQ:COLMFree Report).

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

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