The Manufacturers Life Insurance Company Buys Shares of 15,256 Columbia Sportswear Company $COLM

The Manufacturers Life Insurance Company purchased a new position in Columbia Sportswear Company (NASDAQ:COLM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,256 shares of the textile maker’s stock, valued at approximately $943,000.

Other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 297 shares during the last quarter. Allworth Financial LP grew its position in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after buying an additional 483 shares during the period. Parallel Advisors LLC grew its position in shares of Columbia Sportswear by 250.0% during the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after buying an additional 415 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Columbia Sportswear in the 2nd quarter valued at about $32,000. Finally, Trust Co. of Vermont bought a new stake in shares of Columbia Sportswear in the 2nd quarter valued at about $39,000. 47.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on COLM. Zacks Research lowered shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Wall Street Zen downgraded shares of Columbia Sportswear from a “strong-buy” rating to a “buy” rating in a research note on Saturday. BTIG Research reiterated a “buy” rating and issued a $80.00 target price on shares of Columbia Sportswear in a report on Friday, July 31st. Stifel Nicolaus set a $67.00 price target on shares of Columbia Sportswear and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Robert W. Baird set a $65.00 price target on shares of Columbia Sportswear in a report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $65.40.

Columbia Sportswear Price Performance

NASDAQ:COLM opened at $57.72 on Friday. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $69.06. The stock has a market capitalization of $2.95 billion, a PE ratio of 14.99 and a beta of 0.94. The business’s 50-day simple moving average is $60.40 and its 200-day simple moving average is $60.57.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.91. The business had revenue of $614.36 million during the quarter, compared to analysts’ expectations of $606.97 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 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.19) EPS. 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, research analysts expect that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, August 20th. Columbia Sportswear’s dividend payout ratio (DPR) is presently 31.17%.

Columbia Sportswear 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.