Sei Investments Co. Purchases 39,265 Shares of Columbia Sportswear Company $COLM

Sei Investments Co. increased its position in shares of Columbia Sportswear Company (NASDAQ:COLMFree Report) by 506.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,019 shares of the textile maker’s stock after buying an additional 39,265 shares during the period. Sei Investments Co. owned 0.09% of Columbia Sportswear worth $2,577,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COLM. Deprince Race & Zollo Inc. acquired a new stake in Columbia Sportswear in the first quarter valued at $27,407,000. AQR Capital Management LLC increased its stake in shares of 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 purchasing an additional 439,913 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Columbia Sportswear by 15.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker’s stock valued at $121,824,000 after purchasing an additional 301,277 shares during the period. Invesco Ltd. raised its holdings in shares of Columbia Sportswear by 231.7% in the 2nd quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after purchasing an additional 256,578 shares during the period. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Columbia Sportswear in the 4th quarter valued at about $12,135,000. 47.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on COLM shares. UBS Group reiterated a “sell” rating and set a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Zacks Research lowered Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. BTIG Research restated a “buy” rating and issued a $80.00 price objective on shares of Columbia Sportswear in a research note on Friday, July 31st. Wall Street Zen raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Saturday. Finally, Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the stock a “buy” rating in a research note on Friday, July 31st. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Columbia Sportswear presently has a consensus rating of “Hold” and an average price target of $65.40.

Check Out Our Latest Analysis on COLM

Insider Buying and Selling

In other news, Director Ronald E. Nelson sold 4,080 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total transaction of $276,542.40. Following the transaction, the director owned 22,789 shares in the company, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen E. Babson sold 4,150 shares of Columbia Sportswear stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total value of $281,992.50. Following the sale, the director directly owned 132,376 shares of the company’s stock, valued at approximately $8,994,949.20. The trade was a 3.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 51.90% of the company’s stock.

Columbia Sportswear Price Performance

Shares of COLM opened at $57.36 on Friday. The company’s 50-day moving average is $63.36 and its 200-day moving average is $60.52. The firm has a market capitalization of $2.93 billion, a PE ratio of 14.90 and a beta of 0.94. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $69.06.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last announced its earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, topping the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The business had revenue of $614.36 million during the quarter, compared to the consensus estimate of $606.97 million. During the same quarter in the previous year, the firm posted ($0.19) EPS. Columbia Sportswear’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. Analysts predict that Columbia Sportswear Company will post 3.58 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

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

About Columbia Sportswear

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Columbia Sportswear (NASDAQ:COLM)

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