Columbia Sportswear (NASDAQ:COLM) Stock Rating Lowered by Zacks Research

Columbia Sportswear (NASDAQ:COLM) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other analysts also recently issued research reports about the stock. BTIG Research raised their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Citigroup reissued a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. Finally, UBS Group reissued a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $62.67.

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $63.21 on Monday. 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 $3.23 billion, a PE ratio of 20.13 and a beta of 0.94. The business has a 50-day moving average of $63.70 and a 200-day moving average of $60.07.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The firm had revenue of $779.01 million during the quarter, compared to the consensus estimate of $758.26 million. During the same quarter in the prior year, the business posted $0.75 earnings per share. Columbia Sportswear’s revenue for the quarter was up .1% on a year-over-year basis. 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. On average, equities analysts expect that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Columbia Sportswear

In other news, Director Ronald E. Nelson sold 4,080 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total transaction of $276,542.40. Following the completion of the transaction, the director owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,559 shares of company stock worth $639,923. 51.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Columbia Sportswear

Large investors have recently made changes to their positions in the company. Millennium Management LLC raised its holdings in shares of Columbia Sportswear by 24.6% during the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock valued at $10,820,000 after buying an additional 28,269 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Columbia Sportswear by 208.3% in the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after buying an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after acquiring an additional 2,680 shares during the period. Jane Street Group LLC raised its stake in Columbia Sportswear by 125.0% during the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after acquiring an additional 64,046 shares in the last quarter. Finally, Prudential Financial Inc. raised its stake in Columbia Sportswear by 11.7% during the 2nd quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 350 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

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.