Redwood Investment Management LLC Acquires Shares of 19,015 Columbia Sportswear Company $COLM

Redwood Investment Management LLC bought a new position in Columbia Sportswear Company (NASDAQ:COLM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 19,015 shares of the textile maker’s stock, valued at approximately $1,176,000.

Other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in shares of Columbia Sportswear by 195.4% during the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after acquiring an additional 297 shares during the period. Allworth Financial LP raised its stake in Columbia Sportswear by 690.0% in the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 483 shares during the period. Parallel Advisors LLC raised its stake in Columbia Sportswear by 250.0% in the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 415 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Columbia Sportswear during the second quarter valued at about $32,000. Finally, Trust Co. of Vermont purchased a new stake in Columbia Sportswear during the second quarter valued at about $39,000. 47.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COLM has been the subject of several recent research reports. Stifel Nicolaus set a $67.00 target price on shares of Columbia Sportswear and gave the stock a “buy” rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, August 17th. UBS Group reaffirmed a “sell” rating and issued a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Wall Street Zen upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Robert W. Baird set a $65.00 target price on shares of Columbia Sportswear in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $65.40.

Columbia Sportswear Price Performance

NASDAQ COLM opened at $58.16 on Thursday. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $69.06. The stock has a market capitalization of $2.97 billion, a PE ratio of 15.11 and a beta of 0.94. The company’s 50 day simple moving average is $61.47 and its two-hundred day simple moving average is $60.81.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.91. The firm had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.19) EPS. 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. On average, research analysts anticipate that Columbia Sportswear Company will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

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

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.