Ieq Capital LLC Takes Position in Columbia Sportswear Company $COLM

Ieq Capital LLC acquired a new position in Columbia Sportswear Company (NASDAQ:COLM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 25,415 shares of the textile maker’s stock, valued at approximately $1,571,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its position in shares of Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after purchasing an additional 297 shares during the period. Allworth Financial LP lifted its holdings in Columbia Sportswear by 690.0% in the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after buying an additional 483 shares during the period. Parallel Advisors LLC lifted its holdings in Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after buying an additional 415 shares during the period. Trust Co. of Vermont bought a new stake in Columbia Sportswear during the second quarter valued at $39,000. Finally, Jones Financial Companies Lllp grew its holdings in Columbia Sportswear by 208.3% during the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after acquiring an additional 375 shares during the period. Institutional investors and hedge funds own 47.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Wall Street Zen raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 8th. UBS Group reaffirmed a “sell” rating and set a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. BTIG Research reissued a “buy” rating and issued 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 set a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $65.40.

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $58.94 on Wednesday. The business has a 50-day simple moving average of $61.58 and a 200 day simple moving average of $60.83. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $69.06. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 15.31 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The business had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. During the same quarter in the prior year, the company earned ($0.19) earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis. 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. On average, sell-side analysts expect that Columbia Sportswear Company will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.20 annualized dividend and a yield of 2.0%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 31.17%.

Insiders Place Their Bets

In other Columbia Sportswear news, Director Stephen E. Babson sold 4,150 shares of Columbia Sportswear stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the transaction, the director owned 132,376 shares in the company, valued at approximately $8,994,949.20. The trade was a 3.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 51.90% 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.