Columbia Sportswear Company $COLM Stake Lessened by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in Columbia Sportswear Company (NASDAQ:COLM) by 44.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 344,040 shares of the textile maker’s stock after selling 273,673 shares during the period. JPMorgan Chase & Co. owned 0.63% of Columbia Sportswear worth $21,014,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in COLM. Jacobs Levy Equity Management Inc. bought a new stake in shares of Columbia Sportswear in the 1st quarter worth about $39,222,000. Trexquant Investment LP acquired a new position in Columbia Sportswear in the first quarter worth about $10,834,000. American Century Companies Inc. increased its holdings in Columbia Sportswear by 12.7% in the first quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker’s stock valued at $75,464,000 after buying an additional 112,282 shares during the last quarter. Gotham Asset Management LLC raised its stake in Columbia Sportswear by 175.1% during the first quarter. Gotham Asset Management LLC now owns 176,163 shares of the textile maker’s stock valued at $13,334,000 after buying an additional 112,127 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in Columbia Sportswear by 233.1% during the 2nd quarter. Allianz Asset Management GmbH now owns 123,255 shares of the textile maker’s stock worth $7,528,000 after buying an additional 86,256 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

COLM has been the subject of a number of research analyst reports. UBS Group reiterated a “sell” rating and issued a $38.00 price target (down from $40.00) on shares of Columbia Sportswear in a report on Friday, October 31st. Zacks Research raised shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Stifel Nicolaus lowered their target price on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday. Finally, BTIG Research reaffirmed a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a report on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Columbia Sportswear currently has an average rating of “Hold” and a consensus price target of $55.80.

Columbia Sportswear Stock Performance

Shares of COLM opened at $54.51 on Friday. The firm has a fifty day moving average of $52.50 and a 200-day moving average of $56.40. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 16.47 and a beta of 0.92. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Thursday, October 30th. The textile maker reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.16. The firm had revenue of $943.43 million for the quarter, compared to the consensus estimate of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. Columbia Sportswear’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $1.56 EPS. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. Analysts predict that Columbia Sportswear Company will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Thursday, November 20th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date was Thursday, November 20th. Columbia Sportswear’s dividend payout ratio (DPR) is currently 36.25%.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.