Columbia Sportswear (NASDAQ:COLM) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of Columbia Sportswear (NASDAQ:COLM) from a sell rating to a hold rating in a research report released on Saturday.

Several other research analysts also recently commented on the stock. UBS Group reissued a “sell” rating and set a $39.00 price target (up from $38.00) on shares of Columbia Sportswear in a research note on Thursday, January 8th. Stifel Nicolaus decreased their target price on shares of Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Citigroup reduced their price objective on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $56.00.

Columbia Sportswear Price Performance

Shares of COLM opened at $53.93 on Friday. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $92.88. The company has a market capitalization of $2.91 billion, a P/E ratio of 16.29 and a beta of 0.90. The firm’s 50 day simple moving average is $54.67 and its 200 day simple moving average is $54.88.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.16. The firm had revenue of $943.43 million for the quarter, compared to analyst estimates of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, equities analysts anticipate that Columbia Sportswear will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

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

Hedge Funds Weigh In On Columbia Sportswear

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in shares of Columbia Sportswear by 11.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock valued at $95,457,000 after buying an additional 189,939 shares during the period. Boston Trust Walden Corp boosted its position in Columbia Sportswear by 0.5% during the 2nd quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker’s stock valued at $73,206,000 after acquiring an additional 5,491 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Columbia Sportswear by 215.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock worth $56,674,000 after acquiring an additional 739,584 shares during the period. American Century Companies Inc. grew its holdings in shares of Columbia Sportswear by 3.2% during the 3rd quarter. American Century Companies Inc. now owns 1,003,611 shares of the textile maker’s stock worth $52,489,000 after acquiring an additional 31,085 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Columbia Sportswear by 82.9% in the 3rd quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after purchasing an additional 439,913 shares during the period. Institutional investors own 47.76% of the company’s stock.

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.