32,694 Shares in Columbia Sportswear Company $COLM Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Columbia Sportswear Company (NASDAQ:COLM) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 32,694 shares of the textile maker’s stock, valued at approximately $1,792,000.

Several other institutional investors and hedge funds also recently bought and sold shares of COLM. Farther Finance Advisors LLC grew its stake in shares of Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares during the period. Allworth Financial LP raised its position in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after buying an additional 483 shares during the period. Parallel Advisors LLC raised its position in shares of Columbia Sportswear by 250.0% during the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after buying an additional 415 shares during the period. Jones Financial Companies Lllp lifted its holdings in Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 375 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in Columbia Sportswear by 255.7% in the second quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 491 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COLM has been the topic of a number of research analyst reports. Citigroup restated 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. BTIG Research boosted their price objective on shares of 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 set a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, Weiss Ratings downgraded shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $62.67.

Insider Buying and Selling

In other Columbia Sportswear news, Director Sabrina Simmons sold 1,329 shares of Columbia Sportswear stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $61.24, for a total transaction of $81,387.96. Following the completion of the sale, the director directly owned 8,260 shares of the company’s stock, valued at $505,842.40. The trade was a 13.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ronald E. Nelson sold 4,080 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the transaction, the director directly owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. This represents a 15.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 9,559 shares of company stock worth $639,923. Corporate insiders own 51.90% of the company’s stock.

Columbia Sportswear Trading Up 1.6%

Shares of NASDAQ COLM opened at $63.61 on Friday. The stock has a market cap of $3.25 billion, a P/E ratio of 20.26 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. The business’s fifty day simple moving average is $63.38 and its 200-day simple moving average is $59.64.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. During the same quarter last year, the business posted $0.75 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. 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. On average, equities analysts forecast that Columbia Sportswear Company will post 3.86 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

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

Columbia Sportswear Company 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.