Columbia Sportswear Company $COLM Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its holdings in Columbia Sportswear Company (NASDAQ:COLM) by 5,074.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,776 shares of the textile maker’s stock after purchasing an additional 153,746 shares during the quarter. Pacer Advisors Inc.’s holdings in Columbia Sportswear were worth $8,593,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Columbia Sportswear by 15.7% in the first 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. AQR Capital Management LLC raised its holdings in shares of Columbia Sportswear by 19.6% in the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock valued at $63,967,000 after buying an additional 190,453 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock worth $60,441,000 after buying an additional 13,499 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of Columbia Sportswear by 25.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 589,882 shares of the textile maker’s stock worth $32,497,000 after buying an additional 119,354 shares during the period. Finally, Deprince Race & Zollo Inc. purchased a new position in shares of Columbia Sportswear during the first quarter worth about $27,407,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Stock Down 1.8%

Shares of NASDAQ:COLM opened at $57.59 on Wednesday. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $69.06. The firm’s 50-day simple moving average is $63.93 and its 200-day simple moving average is $60.50. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 14.96 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.91. The firm had revenue of $614.36 million during the quarter, compared to analysts’ expectations of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.19) earnings per share. 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 forecast that Columbia Sportswear Company will post 3.58 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid 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 of this dividend is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio is 31.17%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Citigroup reaffirmed a “neutral” rating and set a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Weiss Ratings downgraded Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday. UBS Group reissued a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Finally, BTIG Research restated a “buy” rating and set a $80.00 price target on shares of Columbia Sportswear in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $65.40.

Insider Activity at Columbia Sportswear

In related news, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the transaction, the director owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ronald E. Nelson sold 4,080 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the completion of the transaction, the director owned 22,789 shares of the company’s stock, valued at $1,544,638.42. The trade was a 15.18% decrease in their position. The SEC filing for this sale provides additional information. 51.90% of the stock is owned by company insiders.

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.