Columbia Sportswear (NASDAQ:COLM) Stock Rating Raised to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Columbia Sportswear (NASDAQ:COLM) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

A number of other equities analysts also recently weighed in on the company. Citigroup reiterated a “neutral” rating and issued a $68.00 target price (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Robert W. Baird set a $65.00 price objective on shares of Columbia Sportswear in a research report on Friday, July 31st. Zacks Research lowered 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 target price on shares of Columbia Sportswear and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Two research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $65.40.

Columbia Sportswear Trading Down 0.7%

Shares of COLM stock opened at $57.27 on Friday. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $69.06. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 14.88 and a beta of 0.93. The stock’s fifty day simple moving average is $58.12 and its 200-day simple moving average is $60.15.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The firm had revenue of $614.36 million during the quarter, compared to the consensus estimate of $606.97 million. During the same period in the prior year, the business earned ($0.19) EPS. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. 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. On average, sell-side analysts predict that Columbia Sportswear will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

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

Hedge Funds Weigh In On Columbia Sportswear

A number of hedge funds have recently added to or reduced their stakes in the company. Fluent Financial LLC acquired a new stake in Columbia Sportswear in the second quarter valued at approximately $1,737,000. Deprince Race & Zollo Inc. acquired a new position in shares of Columbia Sportswear during the 1st quarter worth $27,407,000. Bessemer Group Inc. increased its stake in shares of Columbia Sportswear by 51.9% during the 1st quarter. Bessemer Group Inc. now owns 87,764 shares of the textile maker’s stock worth $4,810,000 after purchasing an additional 29,974 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of Columbia Sportswear during the 4th quarter valued at $2,826,000. Finally, Legal & General Group Plc bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at $1,864,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

About Columbia Sportswear

Columbia Sportswear Company is a global outdoor and active-lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Its product portfolio is designed for activities including hiking, skiing, snowboarding, trail use and other outdoor pursuits, while also serving everyday casual and active consumers.

The company markets products under the Columbia, SOREL, Mountain Hardwear and prAna brands. Columbia offers technical and everyday outdoor apparel, footwear and accessories; SOREL focuses primarily on fashion-oriented and performance footwear; Mountain Hardwear specializes in technical outdoor apparel and equipment; and prAna offers clothing associated with yoga, climbing, travel and other active lifestyles.

Columbia Sportswear sells its products through wholesale distributors and retailers, company-operated stores and e-commerce websites.