Thrivent Financial for Lutherans Lowers Holdings in Columbia Sportswear Company $COLM

Thrivent Financial for Lutherans trimmed its position in Columbia Sportswear Company (NASDAQ:COLM) by 11.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 412,711 shares of the textile maker’s stock after selling 55,647 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Columbia Sportswear were worth $22,736,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Columbia Sportswear by 11.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock worth $95,457,000 after buying an additional 189,939 shares during the period. JPMorgan Chase & Co. grew its holdings in Columbia Sportswear by 215.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock worth $56,674,000 after acquiring an additional 739,584 shares in the last quarter. American Century Companies Inc. grew its holdings in Columbia Sportswear by 3.2% during the 3rd quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock worth $52,489,000 after acquiring an additional 31,085 shares in the last quarter. AQR Capital Management LLC grew its holdings in Columbia Sportswear by 82.9% during the 3rd quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock worth $50,242,000 after acquiring an additional 439,913 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in Columbia Sportswear by 25.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock worth $32,497,000 after acquiring an additional 119,354 shares in the last quarter. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Columbia Sportswear 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 value of $81,387.96. Following the completion of the sale, the director directly owned 8,260 shares in the company, valued at $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 is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 51.90% of the stock is currently owned by company insiders.

Columbia Sportswear Stock Performance

COLM stock opened at $57.75 on Monday. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 18.39 and a beta of 0.91. The firm has a 50-day simple moving average of $57.89 and a two-hundred day simple moving average of $56.68. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $67.91.

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. The business had revenue of $779.01 million during the quarter, compared to analyst estimates of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The company’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share. 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. As a group, equities analysts predict that Columbia Sportswear Company will post 3.88 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, June 4th. Shareholders of record on Thursday, May 21st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, May 21st. Columbia Sportswear’s dividend payout ratio (DPR) is 38.22%.

Analyst Ratings Changes

Several research analysts have issued reports on COLM shares. Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a report on Wednesday, February 4th. Stifel Nicolaus lifted their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Zacks Research lowered shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup reissued a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a report on Monday, May 4th. Finally, UBS Group reissued a “sell” rating and set a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $62.67.

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.