Columbia Sportswear Company (NASDAQ:COLM) Receives Average Recommendation of “Hold” from Brokerages

Shares of Columbia Sportswear Company (NASDAQ:COLM) have received a consensus rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $56.00.

A number of research firms have recently weighed in on COLM. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. UBS Group restated a “sell” rating and set a $39.00 price objective (up from $38.00) on shares of Columbia Sportswear in a research note on Thursday, January 8th. BTIG Research reiterated a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a research note on Friday, October 31st. Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Finally, Citigroup cut their price target on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd.

Columbia Sportswear Trading Down 2.1%

Shares of COLM stock opened at $53.93 on Wednesday. The firm has a fifty day simple moving average of $54.67 and a two-hundred day simple moving average of $54.81. Columbia Sportswear has a 12 month low of $47.47 and a 12 month high of $92.88. The firm has a market capitalization of $2.91 billion, a PE ratio of 16.29 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The firm had revenue of $943.43 million during the quarter, compared to analysts’ expectations of $917.02 million. During the same period last year, the company earned $1.56 earnings per share. The business’s revenue was up 1.2% on a year-over-year basis. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. On average, equities analysts predict that Columbia Sportswear will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. Columbia Sportswear’s dividend payout ratio is currently 36.25%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of COLM. JPMorgan Chase & Co. raised its stake in shares of Columbia Sportswear by 215.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock worth $56,674,000 after purchasing an additional 739,584 shares during the period. AQR Capital Management LLC increased its holdings in Columbia Sportswear by 82.9% during the third quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock worth $50,242,000 after buying an additional 439,913 shares during the last quarter. Invesco Ltd. raised its position in Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after acquiring an additional 256,578 shares during the period. Norges Bank purchased a new position in Columbia Sportswear in the second quarter valued at about $14,669,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at approximately $12,238,000. Hedge funds and other institutional investors own 47.76% of the company’s stock.

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.