Tudor Investment Corp ET AL trimmed its stake in shares of Columbia Sportswear Company (NASDAQ:COLM – Free Report) by 82.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,269 shares of the textile maker’s stock after selling 29,819 shares during the period. Tudor Investment Corp ET AL’s holdings in Columbia Sportswear were worth $328,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Huntington National Bank boosted its stake in shares of Columbia Sportswear by 33.8% in the 3rd quarter. Huntington National Bank now owns 1,005 shares of the textile maker’s stock valued at $53,000 after purchasing an additional 254 shares during the last quarter. Prudential Financial Inc. grew its position in shares of 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 period. US Bancorp DE increased its stake in shares of Columbia Sportswear by 29.6% in the 3rd quarter. US Bancorp DE now owns 1,621 shares of the textile maker’s stock valued at $85,000 after acquiring an additional 370 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Columbia Sportswear by 208.3% in the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 375 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Columbia Sportswear by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 47,087 shares of the textile maker’s stock valued at $2,876,000 after acquiring an additional 404 shares during the period. Institutional investors own 47.76% of the company’s stock.
Analysts Set New Price Targets
COLM has been the topic of a number of recent analyst reports. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Citigroup reissued a “neutral” rating and issued a $62.00 target price (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Finally, Zacks Research raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $60.50.
Columbia Sportswear Price Performance
Columbia Sportswear stock opened at $54.59 on Thursday. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 16.85 and a beta of 0.89. The firm has a 50-day moving average of $58.20 and a 200-day moving average of $55.24. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $77.68.
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating the consensus estimate of $1.22 by $0.51. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The business’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the prior 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. As a group, sell-side analysts expect that Columbia Sportswear Company will post 4.1 earnings per share for the current year.
Columbia Sportswear Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Monday, March 9th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, March 9th. Columbia Sportswear’s payout ratio is 37.04%.
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.
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