Redwood Investment Management LLC Purchases New Stake in Columbia Sportswear Company $COLM

Redwood Investment Management LLC bought a new position in shares of Columbia Sportswear Company (NASDAQ:COLM) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 19,015 shares of the textile maker’s stock, valued at approximately $1,176,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in Columbia Sportswear by 6.5% during the second quarter. GAMMA Investing LLC now owns 2,656 shares of the textile maker’s stock worth $164,000 after purchasing an additional 162 shares during the last quarter. Cetera Investment Advisers lifted its stake in Columbia Sportswear by 4.3% in the 4th quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock valued at $227,000 after purchasing an additional 168 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in Columbia Sportswear by 4.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker’s stock valued at $286,000 after buying an additional 200 shares in the last quarter. Bank of Montreal Can boosted its position in Columbia Sportswear by 3.9% in the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after buying an additional 200 shares in the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of Columbia Sportswear by 43.6% during the first quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock worth $45,000 after buying an additional 248 shares in the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Stock Performance

NASDAQ:COLM opened at $58.16 on Thursday. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $69.06. The company has a 50 day simple moving average of $61.47 and a two-hundred day simple moving average of $60.81. The company has a market capitalization of $2.97 billion, a PE ratio of 15.11 and a beta of 0.94.

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, beating analysts’ consensus estimates of ($0.39) by $0.91. The company had revenue of $614.36 million for the quarter, compared to the consensus estimate of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($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. Research analysts predict that Columbia Sportswear Company will post 3.58 EPS for the current 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 paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Columbia Sportswear’s dividend payout ratio is 31.17%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on COLM shares. Weiss Ratings raised Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Wall Street Zen upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. BTIG Research reissued a “buy” rating and set a $80.00 price target on shares of Columbia Sportswear in a research note on Friday, July 31st. Stifel Nicolaus set a $67.00 price target on Columbia Sportswear and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Citigroup reaffirmed a “neutral” rating and issued a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $65.40.

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.