GSA Capital Partners LLP Buys Shares of 35,195 Columbia Sportswear Company $COLM

GSA Capital Partners LLP purchased a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 35,195 shares of the textile maker’s stock, valued at approximately $1,841,000. GSA Capital Partners LLP owned 0.06% of Columbia Sportswear at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in COLM. Millennium Management LLC boosted its position in Columbia Sportswear by 24.6% during the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after acquiring an additional 28,269 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 purchasing an additional 2,680 shares in the last quarter. Jane Street Group LLC lifted its holdings in Columbia Sportswear by 125.0% in the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after purchasing an additional 64,046 shares during the period. Finally, CWM LLC grew its position in Columbia Sportswear by 118.3% in the 2nd quarter. CWM LLC now owns 1,489 shares of the textile maker’s stock valued at $91,000 after buying an additional 807 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

Analysts Set New Price Targets

COLM has been the subject of a number of research analyst reports. UBS Group reaffirmed a “sell” rating and issued a $44.00 price target (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Citigroup reissued a “neutral” rating and set a $62.00 target price (up previously from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. BTIG Research restated a “buy” rating and issued a $75.00 price objective on shares of Columbia Sportswear in a report on Friday, January 30th. Finally, Stifel Nicolaus lifted 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 analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Trading Up 2.3%

COLM stock opened at $63.29 on Tuesday. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $92.88. The firm has a market capitalization of $3.41 billion, a PE ratio of 19.53 and a beta of 0.91. The firm has a 50-day moving average of $56.60 and a two-hundred day moving average of $54.35.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.51. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period last year, the firm posted $1.80 earnings per share. 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. On average, equities research analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be issued a $0.30 dividend. The ex-dividend date is Monday, March 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. Columbia Sportswear’s dividend payout ratio is presently 37.04%.

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.