Brokerages Set Columbia Sportswear Company (NASDAQ:COLM) Price Target at $65.40

Columbia Sportswear Company (NASDAQ:COLM) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $65.40.

Several research firms have recently issued reports on COLM. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group reiterated 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. Robert W. Baird set a $65.00 target price on shares of Columbia Sportswear in a research note on Friday, July 31st. Weiss Ratings downgraded shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Finally, Stifel Nicolaus set a $67.00 price objective on shares of Columbia Sportswear and gave the company a “buy” rating in a report on Friday, July 31st.

Insiders Place Their Bets

In other news, 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 sale, the director owned 132,376 shares of the company’s stock, valued at approximately $8,994,949.20. The trade was a 3.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald E. Nelson sold 4,080 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the completion of the sale, the director owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 51.90% of the company’s stock.

Institutional Investors Weigh In On Columbia Sportswear

Several hedge funds and other institutional investors have recently bought and sold shares of COLM. Farther Finance Advisors LLC grew its position in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after buying an additional 297 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after acquiring an additional 483 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Columbia Sportswear by 250.0% in the 3rd 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 raised its position in shares of Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after purchasing an additional 375 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Columbia Sportswear by 255.7% during the second quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock worth $42,000 after purchasing an additional 491 shares during the period. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Trading Up 0.1%

COLM opened at $57.28 on Friday. The business’s 50 day moving average is $63.54 and its 200-day moving average is $60.54. The stock has a market cap of $2.93 billion, a PE ratio of 14.88 and a beta of 0.94. Columbia Sportswear has a twelve month low of $47.47 and a twelve month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.91. The business had revenue of $614.36 million during 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 business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.19) EPS. 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. As a group, analysts forecast that Columbia Sportswear will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio is 31.17%.

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.