Brokerages Set Columbia Sportswear Company (NASDAQ:COLM) PT at $60.50

Shares of Columbia Sportswear Company (NASDAQ:COLM) have been given a consensus recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $60.50.

COLM has been the subject of a number of recent analyst reports. UBS Group reaffirmed a “sell” rating and issued a $44.00 price objective (up from $39.00) on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Zacks Research raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Robert W. Baird set a $63.00 price target on Columbia Sportswear in a research note on Wednesday, February 4th. BTIG Research reaffirmed a “buy” rating and set a $75.00 price target on shares of Columbia Sportswear in a report on Friday, January 30th. Finally, Stifel Nicolaus lifted their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th.

Institutional Investors Weigh In On Columbia Sportswear

Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted 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 purchasing an additional 739,584 shares during the last quarter. AQR Capital Management LLC increased its position 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 buying an additional 439,913 shares during the period. Invesco Ltd. lifted its holdings in shares of Columbia Sportswear by 231.7% during the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after buying an additional 256,578 shares in the last quarter. Norges Bank acquired a new stake in shares of Columbia Sportswear during the second quarter worth $14,669,000. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Columbia Sportswear in the fourth quarter valued at about $12,135,000. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Price Performance

Shares of COLM opened at $54.45 on Monday. The company has a market cap of $2.85 billion, a PE ratio of 16.81 and a beta of 0.89. The firm has a 50-day moving average of $58.27 and a 200-day moving average of $55.24. Columbia Sportswear has a one year low of $47.47 and a one year high of $74.05.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the prior year, the firm earned $1.80 EPS. Columbia Sportswear’s quarterly revenue was down 2.4% compared to the same quarter last year. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. Analysts expect that Columbia Sportswear will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Monday, March 9th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. Columbia Sportswear’s payout ratio is presently 37.04%.

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.