Boston Trust Walden Corp Reduces Stock Holdings in Columbia Sportswear Company $COLM

Boston Trust Walden Corp decreased its position in Columbia Sportswear Company (NASDAQ:COLM) by 9.9% in the 1st quarter, Holdings Channel reports. The fund owned 420,946 shares of the textile maker’s stock after selling 46,421 shares during the period. Boston Trust Walden Corp’s holdings in Columbia Sportswear were worth $23,072,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in COLM. Cetera Investment Advisers grew its stake in shares of Columbia Sportswear by 4.3% in the fourth quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock worth $227,000 after acquiring an additional 168 shares during the last quarter. Bank of Montreal Can increased its stake in Columbia Sportswear by 3.9% during the 4th quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after purchasing an additional 200 shares in the last quarter. Huntington National Bank increased its stake in Columbia Sportswear by 33.8% during the 3rd quarter. Huntington National Bank now owns 1,005 shares of the textile maker’s stock valued at $53,000 after purchasing an additional 254 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after buying an additional 297 shares during the last quarter. Finally, Prudential Financial Inc. raised its holdings in Columbia Sportswear by 11.7% in the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock worth $204,000 after buying an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Analyst Ratings Changes

COLM has been the topic of a number of research analyst reports. BTIG Research upped their price target on Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 1st. UBS Group reiterated 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. Weiss Ratings lowered Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. Citigroup reaffirmed a “neutral” rating and issued a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Columbia Sportswear has a consensus rating of “Hold” and a consensus price target of $62.67.

Insider Activity at Columbia Sportswear

In other Columbia Sportswear news, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the sale, the director directly owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This trade represents a 3.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Sabrina Simmons sold 1,329 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the sale, the director directly owned 8,260 shares of the company’s stock, valued at approximately $505,842.40. This trade represents a 13.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,559 shares of company stock valued at $639,923. 51.90% of the stock is owned by company insiders.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM opened at $63.32 on Friday. The stock has a 50 day moving average of $63.20 and a 200 day moving average of $59.42. The company has a market cap of $3.24 billion, a PE ratio of 20.17 and a beta of 0.94. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates 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 revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business 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. Equities research analysts predict that Columbia Sportswear Company will post 3.86 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, May 21st. Columbia Sportswear’s payout ratio is presently 38.22%.

Columbia Sportswear 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.