Columbia Sportswear (NASDAQ:COLM) Sets New 1-Year High – Here’s Why

Columbia Sportswear Company (NASDAQ:COLM) reached a new 52-week high on Wednesday . The stock traded as high as $68.11 and last traded at $67.5580, with a volume of 183721 shares trading hands. The stock had previously closed at $65.81.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. UBS Group reiterated a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Citigroup reiterated a “neutral” rating and issued a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. Stifel Nicolaus lifted their target price on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $62.67.

Columbia Sportswear Stock Down 2.3%

The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 21.06 and a beta of 0.91. The business’s fifty day moving average is $59.06 and its two-hundred day moving average is $57.42.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The firm had revenue of $779.01 million during the quarter, compared to analyst estimates of $758.26 million. During the same quarter in the previous year, the business earned $0.75 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. 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. Research analysts forecast that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Announces Dividend

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

Insider Buying and Selling

In other Columbia Sportswear news, Director Sabrina Simmons sold 1,329 shares of Columbia Sportswear stock in a transaction 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 completion of the sale, the director owned 8,260 shares of the company’s stock, valued at approximately $505,842.40. The trade was a 13.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 51.90% of the company’s stock.

Hedge Funds Weigh In On Columbia Sportswear

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its position in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after purchasing an additional 297 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after purchasing an additional 441 shares in the last quarter. Allworth Financial LP boosted its position in shares of Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after purchasing an additional 483 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after purchasing an additional 415 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in shares of Columbia Sportswear by 960.3% during the third quarter. Hantz Financial Services Inc. now owns 721 shares of the textile maker’s stock worth $38,000 after purchasing an additional 653 shares in the last quarter. 47.76% of the stock is owned by institutional investors.

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.