84,165 Shares in Columbia Sportswear Company $COLM Acquired by Oppenheimer & Close LLC

Oppenheimer & Close LLC acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 84,165 shares of the textile maker’s stock, valued at approximately $4,402,000. Columbia Sportswear comprises about 3.0% of Oppenheimer & Close LLC’s portfolio, making the stock its 14th biggest holding.

A number of other large investors have also recently modified their holdings of COLM. Millennium Management LLC raised its holdings in shares of 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 buying an additional 28,269 shares in the last quarter. Jones Financial Companies Lllp grew its position in Columbia Sportswear by 208.3% in the first 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in 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 worth $8,675,000 after acquiring an additional 2,680 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of 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 acquiring an additional 64,046 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of 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 purchasing an additional 807 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Stock Up 2.6%

Shares of Columbia Sportswear stock opened at $64.23 on Friday. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 19.82 and a beta of 0.91. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $92.88. The company’s fifty day moving average is $57.22 and its 200 day moving average is $54.68.

Columbia Sportswear (NASDAQ:COLM) last announced its earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, topping the consensus estimate of $1.22 by $0.51. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate 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 previous year, the business earned $1.80 EPS. 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, equities analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on COLM. BTIG Research reiterated a “buy” rating and set a $75.00 price objective on shares of Columbia Sportswear in a research report on Friday, January 30th. UBS Group reaffirmed a “sell” rating and set a $44.00 target price (up previously from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Stifel Nicolaus boosted their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.50.

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.