Columbia Sportswear (NASDAQ:COLM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Columbia Sportswear (NASDAQ:COLM) from a sell rating to a hold rating in a research report report published on Saturday morning.

A number of other research firms have also weighed in on COLM. UBS Group reaffirmed a “sell” rating and set a $39.00 target price (up previously from $38.00) on shares of Columbia Sportswear in a report on Thursday, January 8th. Citigroup lowered their target price on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Stifel Nicolaus reduced their price target on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Zacks Research upgraded Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Columbia Sportswear presently has an average rating of “Hold” and an average price target of $56.00.

Columbia Sportswear Price Performance

Shares of NASDAQ COLM opened at $53.93 on Friday. The business’s fifty day moving average price is $54.73 and its 200-day moving average price is $54.74. Columbia Sportswear has a one year low of $47.47 and a one year high of $92.88. The stock has a market capitalization of $2.91 billion, a PE ratio of 16.29 and a beta of 0.90.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share 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 firm had revenue of $943.43 million during the quarter, compared to analyst estimates of $917.02 million. During the same quarter last year, the business earned $1.56 earnings per share. The company’s quarterly 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, equities 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. Investors of record on Thursday, November 20th were given a $0.30 dividend. The ex-dividend date was Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 36.25%.

Institutional Trading of Columbia Sportswear

Several hedge funds have recently modified their holdings of the business. Sellwood Investment Partners LLC purchased a new position in Columbia Sportswear in the third quarter worth $26,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Columbia Sportswear in the second quarter valued at about $31,000. Fifth Third Bancorp boosted its holdings in 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 buying an additional 441 shares in the last quarter. Allworth Financial LP boosted its holdings in 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 buying an additional 483 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after buying an additional 375 shares during the period. 47.76% of the stock is owned by institutional investors and hedge funds.

About Columbia Sportswear

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.