Columbia Sportswear (NASDAQ:COLM – Get Free Report) had its price target upped by investment analysts at BTIG Research from $80.00 to $83.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. BTIG Research‘s price objective would indicate a potential upside of 30.32% from the company’s previous close.
Several other equities research analysts also recently issued reports on COLM. Wall Street Zen downgraded shares of Columbia Sportswear from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 11th. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the stock a “buy” rating in a report on Friday, July 31st. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Citigroup restated a “neutral” rating and issued a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Finally, UBS Group reaffirmed a “sell” rating on shares of Columbia Sportswear in a research report on Friday. Two equities 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. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $66.00.
Get Our Latest Analysis on Columbia Sportswear
Columbia Sportswear Price Performance
NASDAQ COLM opened at $63.69 on Friday. Columbia Sportswear has a one year low of $47.47 and a one year high of $69.06. The firm has a market cap of $3.26 billion, a P/E ratio of 18.02 and a beta of 0.93. The stock’s 50-day moving average is $58.28 and its 200-day moving average is $59.68.
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last posted its earnings results on Thursday, October 29th. The textile maker reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.38. The business had revenue of $962.58 million during the quarter, compared to analysts’ expectations of $944.91 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%. Columbia Sportswear’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.41 EPS. Equities analysts anticipate that Columbia Sportswear will post 3.55 EPS for the current year.
Hedge Funds Weigh In On Columbia Sportswear
A number of large investors have recently modified their holdings of COLM. BlackRock Inc. bought a new position in shares of Columbia Sportswear in the 2nd quarter valued at about $152,164,000. Dimensional Fund Advisors LP raised its holdings in Columbia Sportswear by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker’s stock worth $121,824,000 after acquiring an additional 301,277 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Columbia Sportswear during the second quarter worth about $16,691,000. Quantinno Capital Management LP boosted its position in Columbia Sportswear by 7.6% during the first quarter. Quantinno Capital Management LP now owns 292,953 shares of the textile maker’s stock valued at $16,057,000 after purchasing an additional 20,797 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in Columbia Sportswear during the second quarter valued at approximately $15,746,000. 47.76% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Columbia Sportswear
Here are the key news stories impacting Columbia Sportswear this week:
- Positive Sentiment: Q3 earnings and revenue exceeded expectations: Columbia Sportswear reported earnings of $1.66 per share, compared with the $1.25–$1.28 analyst estimates and $1.41 a year earlier. Revenue rose 2.0% year over year to $962.6 million, surpassing the roughly $944.9 million consensus. Columbia Sportswear Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: Full-year outlook was raised: Management updated its 2026 financial outlook, with the revised forecast described as modestly above expectations. The improved guidance may support investor confidence despite relatively modest quarterly sales growth. Columbia Sportswear Reports Third Quarter Results and Updates Outlook
- Positive Sentiment: Dividend declared: Columbia Sportswear announced a quarterly dividend of $0.30 per share, or $1.20 annualized, implying a yield of approximately 1.9%. Shareholders of record on November 19 are scheduled to receive payment on December 3. Columbia Sportswear Dividend Announcement
- Neutral Sentiment: Growth remains moderate: Although profitability beat estimates and improved from last year, quarterly revenue growth was only 2%, while the reported net margin was 6.05%. Investors may focus on whether the stronger earnings performance can be sustained through the remainder of 2026. Columbia Sportswear Posts Modest Q3 Growth and Raises Outlook
Columbia Sportswear Company Profile
Columbia Sportswear Company is an outdoor and active lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown into a global outdoor brand focused on products designed for activities such as hiking, skiing, fishing, camping and everyday outdoor use.
The company markets products under the Columbia, Sorel, Mountain Hardwear and prAna brands. Its offerings include jackets, shirts, pants, base layers, footwear, hats, gloves, backpacks and other outdoor accessories.
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