Columbia Sportswear Company (NASDAQ:COLM) Receives $65.40 Average PT from Brokerages

Shares of Columbia Sportswear Company (NASDAQ:COLM) have earned a consensus rating of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $65.40.

Several analysts have recently commented on the company. Stifel Nicolaus set a $67.00 price objective on Columbia Sportswear and gave the stock a “buy” rating in a research note on Friday, July 31st. Citigroup reaffirmed a “neutral” rating and set a $68.00 target price (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Zacks Research downgraded Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Robert W. Baird set a $65.00 price target on Columbia Sportswear in a research report on Friday, July 31st. Finally, BTIG Research restated a “buy” rating and set a $80.00 price objective on shares of Columbia Sportswear in a research note on Friday, July 31st.

Columbia Sportswear Price Performance

Shares of NASDAQ COLM opened at $58.01 on Thursday. The company has a 50-day moving average price of $61.10 and a 200-day moving average price of $60.75. The stock has a market capitalization of $2.97 billion, a P/E ratio of 15.07 and a beta of 0.94. Columbia Sportswear has a 1 year low of $47.47 and a 1 year high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The company 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 business posted ($0.19) EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Columbia Sportswear will post 3.58 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.30 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Columbia Sportswear’s dividend payout ratio is currently 31.17%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Millennium Management LLC grew its position in Columbia Sportswear by 24.6% in the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after purchasing an additional 28,269 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of 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 buying an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock worth $8,675,000 after buying an additional 2,680 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Columbia Sportswear by 125.0% in the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after buying an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. grew its holdings in shares of Columbia Sportswear by 11.7% in the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 350 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.