Columbia Sportswear (NASDAQ:COLM) Director Sells $276,542.40 in Stock

Columbia Sportswear Company (NASDAQ:COLM) Director Ronald Nelson sold 4,080 shares of the business’s stock in a transaction dated 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 transaction, the director directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Columbia Sportswear Stock Performance

NASDAQ:COLM traded down $1.61 on Friday, reaching $66.18. The company’s stock had a trading volume of 664,507 shares, compared to its average volume of 671,065. Columbia Sportswear Company has a 1-year low of $47.47 and a 1-year high of $68.29. The firm has a market cap of $3.38 billion, a PE ratio of 21.08 and a beta of 0.91. The business’s 50-day moving average price is $59.06 and its two-hundred day moving average price is $57.42.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.30. The company had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.Columbia Sportswear’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. 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. As a group, sell-side analysts expect that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, May 21st. Columbia Sportswear’s dividend payout ratio is currently 38.22%.

Institutional Trading of Columbia Sportswear

Several institutional investors and hedge funds have recently bought and sold shares of the stock. 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. AQR Capital Management LLC raised its holdings in Columbia Sportswear by 19.6% during the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock worth $63,967,000 after acquiring an additional 190,453 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock worth $60,441,000 after acquiring an additional 13,499 shares in the last quarter. American Century Companies Inc. raised its holdings in Columbia Sportswear by 3.2% during the third quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock worth $52,489,000 after acquiring an additional 31,085 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in Columbia Sportswear by 25.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock worth $32,497,000 after acquiring an additional 119,354 shares in the last quarter. Institutional investors own 47.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Zacks Research raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Robert W. Baird set a $63.00 price objective on Columbia Sportswear in a research report on Wednesday, February 4th. BTIG Research upped their price objective on Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Citigroup reaffirmed a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. Finally, Weiss Ratings raised Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $62.67.

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.