Jefferies Financial Group Inc. Acquires New Shares in Columbia Sportswear Company $COLM

Jefferies Financial Group Inc. acquired a new position in Columbia Sportswear Company (NASDAQ:COLM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,808 shares of the textile maker’s stock, valued at approximately $668,000.

Several other hedge funds have also recently bought and sold shares of the business. BlackRock Inc. bought a new position in Columbia Sportswear during the second quarter valued at about $152,164,000. Dimensional Fund Advisors LP increased its holdings in shares of Columbia Sportswear by 15.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker’s stock valued at $121,824,000 after acquiring an additional 301,277 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Columbia Sportswear by 19.6% during the 4th quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock valued at $63,967,000 after acquiring an additional 190,453 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Columbia Sportswear by 1.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock valued at $60,441,000 after acquiring an additional 13,499 shares in the last quarter. Finally, Deprince Race & Zollo Inc. bought a new position in shares of Columbia Sportswear in the 1st quarter valued at approximately $27,407,000. 47.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Weiss Ratings raised Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, August 17th. BTIG Research reissued a “buy” rating and issued a $80.00 price target on shares of Columbia Sportswear in a research report on Friday, July 31st. Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Stifel Nicolaus set a $67.00 price objective on shares of Columbia Sportswear and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Citigroup reaffirmed a “neutral” rating and set a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Columbia Sportswear has an average rating of “Hold” and an average target price of $65.40.

Columbia Sportswear Stock Performance

Columbia Sportswear stock opened at $57.40 on Tuesday. Columbia Sportswear Company has a 52 week low of $47.47 and a 52 week high of $69.06. The firm has a market capitalization of $2.94 billion, a PE ratio of 14.91 and a beta of 0.94. The business’s 50-day simple moving average is $60.96 and its 200-day simple moving average is $60.70.

Columbia Sportswear (NASDAQ:COLM) last announced its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.91. The firm had revenue of $614.36 million during the quarter, compared to the consensus estimate of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.19) EPS. 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. Research analysts forecast that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

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

About Columbia Sportswear

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.