GSA Capital Partners LLP bought a new stake in shares of Columbia Sportswear Company (NASDAQ:COLM – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 37,715 shares of the textile maker’s stock, valued at approximately $2,332,000. GSA Capital Partners LLP owned about 0.07% of Columbia Sportswear at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of COLM. Farther Finance Advisors LLC boosted its holdings in shares of Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares during the period. Allworth Financial LP raised its stake in Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after acquiring an additional 483 shares during the period. Parallel Advisors LLC lifted its holdings in Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after acquiring an additional 415 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after acquiring an additional 375 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Columbia Sportswear by 255.7% in the second quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 491 shares during the period. 47.76% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, Director Ronald E. Nelson sold 4,080 shares of Columbia Sportswear 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 transaction, the director directly owned 22,789 shares in the company, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen E. Babson sold 4,150 shares of the business’s stock in a transaction 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 directly owned 132,376 shares in the company, valued at $8,994,949.20. This represents a 3.04% decrease in their position. The disclosure for this sale is available in the SEC filing. 51.90% of the stock is owned by company insiders.
Columbia Sportswear Stock Performance
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.91. The company had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company earned ($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. Equities research analysts predict that Columbia Sportswear Company will post 3.58 earnings per share for the current fiscal year.
Columbia Sportswear Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.30 dividend. The ex-dividend date 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%.
Wall Street Analyst Weigh In
COLM has been the topic of a number of research reports. BTIG Research reiterated a “buy” rating and set a $80.00 price target on shares of Columbia Sportswear in a research report on Friday, July 31st. Weiss Ratings downgraded Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the stock a “buy” rating in a research report on Friday, July 31st. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Robert W. Baird set a $65.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Columbia Sportswear has a consensus rating of “Hold” and a consensus target price of $65.40.
Get Our Latest Stock Report on Columbia Sportswear
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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