Traders Buy Large Volume of Call Options on Columbia Sportswear (NASDAQ:COLM)

Columbia Sportswear Company (NASDAQ:COLM) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 2,744 call options on the company. This represents an increase of approximately 1,329% compared to the typical volume of 192 call options.

Hedge Funds Weigh In On Columbia Sportswear

A number of large investors have recently modified their holdings of the company. Sellwood Investment Partners LLC bought a new position in shares of Columbia Sportswear in the third quarter valued at $26,000. Fifth Third Bancorp raised its holdings in shares of Columbia Sportswear by 630.0% in the 3rd quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after acquiring an additional 441 shares during the last quarter. Allworth Financial LP boosted its stake in Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 483 shares during the last quarter. Parallel Advisors LLC boosted its stake in Columbia Sportswear by 250.0% during the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after purchasing an additional 415 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Columbia Sportswear in the second quarter worth approximately $31,000. 47.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COLM has been the topic of a number of research reports. Zacks Research raised shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Stifel Nicolaus reduced their price objective on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. BTIG Research restated a “buy” rating and issued a $75.00 price objective on shares of Columbia Sportswear in a report on Friday, October 31st. UBS Group reaffirmed a “sell” rating and set a $39.00 target price (up from $38.00) on shares of Columbia Sportswear in a research report on Thursday, January 8th. Finally, Citigroup reduced their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $56.00.

Columbia Sportswear Stock Performance

Shares of COLM stock traded up $1.21 during trading hours on Wednesday, hitting $53.38. 64,339 shares of the company were exchanged, compared to its average volume of 464,279. The company has a 50 day simple moving average of $54.72 and a two-hundred day simple moving average of $54.66. The firm has a market cap of $2.88 billion, a P/E ratio of 16.13 and a beta of 0.90. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, topping 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 company had revenue of $943.43 million for the quarter, compared to analysts’ expectations of $917.02 million. During the same quarter in the prior year, the firm earned $1.56 EPS. 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. As a group, sell-side analysts expect that Columbia Sportswear will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, November 20th. Columbia Sportswear’s dividend payout ratio (DPR) is 36.25%.

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.