Columbia Sportswear (NASDAQ:COLM) Director Sells $281,992.50 in Stock

Columbia Sportswear Company (NASDAQ:COLM) Director Stephen Babson sold 4,150 shares of the firm’s stock in a transaction that occurred on 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 sale, the director owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This represents a 3.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Columbia Sportswear Price Performance

Shares of COLM traded down $0.17 on Monday, reaching $66.01. 562,109 shares of the stock traded hands, compared to its average volume of 670,029. The stock’s 50-day moving average price is $59.29 and its 200-day moving average price is $57.52. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 21.02 and a beta of 0.93. Columbia Sportswear Company has a 12 month low of $47.47 and a 12 month high of $68.29.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, topping the consensus estimate of $0.35 by $0.30. The firm had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.Columbia Sportswear’s quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the business earned $0.75 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. As a group, equities research analysts forecast that Columbia Sportswear Company will post 3.86 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, May 21st. Columbia Sportswear’s payout ratio is 38.22%.

Institutional Trading of Columbia Sportswear

Several large investors have recently made changes to their positions in COLM. JPMorgan Chase & Co. raised its holdings in shares of Columbia Sportswear by 215.0% in the third quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock valued at $56,674,000 after buying an additional 739,584 shares during the last quarter. Deprince Race & Zollo Inc. bought a new stake in Columbia Sportswear during the 1st quarter worth about $27,407,000. AQR Capital Management LLC increased its position in Columbia Sportswear by 82.9% in the 3rd quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after acquiring an additional 439,913 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Columbia Sportswear by 15.7% in 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 in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after acquiring an additional 256,578 shares during the last quarter. Institutional investors own 47.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on COLM shares. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research note on Wednesday, February 4th. UBS Group reissued a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Stifel Nicolaus boosted their price target on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Finally, Citigroup reiterated a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Columbia Sportswear currently has an average rating of “Hold” and an average target price of $62.67.

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.