Northwestern Mutual Wealth Management Co. Boosts Stock Holdings in Columbia Sportswear Company $COLM

Northwestern Mutual Wealth Management Co. increased its position in shares of Columbia Sportswear Company (NASDAQ:COLM) by 388,140.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,061 shares of the textile maker’s stock after purchasing an additional 163,019 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Columbia Sportswear were worth $9,179,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in Columbia Sportswear by 11.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock worth $95,457,000 after purchasing an additional 189,939 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Columbia Sportswear by 215.0% during the third 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 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 purchasing an additional 31,085 shares in the last quarter. AQR Capital Management LLC raised 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 purchasing an additional 439,913 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 purchasing an additional 119,354 shares in the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Sabrina Simmons sold 1,329 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the sale, the director owned 8,260 shares in the company, valued at approximately $505,842.40. This trade represents a 13.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 51.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on COLM. Stifel Nicolaus increased their price target on shares of Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Zacks Research upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. UBS Group restated a “sell” rating and set a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Citigroup restated a “neutral” rating and set a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. Finally, Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Columbia Sportswear has an average rating of “Hold” and an average target price of $62.67.

Columbia Sportswear Trading Up 1.6%

Shares of COLM opened at $61.37 on Friday. The firm’s 50-day moving average is $58.05 and its two-hundred day moving average is $56.91. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $67.91. The firm has a market capitalization of $3.14 billion, a P/E ratio of 19.54 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.35 by $0.30. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The business had revenue of $779.01 million for the quarter, compared to analyst estimates of $758.26 million. During the same period in the prior year, the business earned $0.75 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. 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. Analysts predict that Columbia Sportswear Company will post 3.88 EPS for the current year.

Columbia Sportswear Dividend Announcement

The business 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 $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, May 21st. Columbia Sportswear’s dividend payout ratio is currently 38.22%.

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.