Y Intercept Hong Kong Ltd Buys 45,946 Shares of Columbia Sportswear Company $COLM

Y Intercept Hong Kong Ltd grew its stake in Columbia Sportswear Company (NASDAQ:COLM) by 1,244.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 49,638 shares of the textile maker’s stock after buying an additional 45,946 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Columbia Sportswear were worth $2,596,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in COLM. Sellwood Investment Partners LLC bought a new stake in Columbia Sportswear in the third quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Columbia Sportswear in the 2nd quarter valued at $31,000. CX Institutional bought a new position in Columbia Sportswear during the third quarter worth $31,000. Quent Capital LLC acquired a new position in Columbia Sportswear in the third quarter valued at $36,000. Finally, Jones Financial Companies Lllp boosted its position in Columbia Sportswear by 208.3% during 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. 47.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Stifel Nicolaus decreased their target price on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 31st. UBS Group reissued a “sell” rating and issued a $39.00 price target (up from $38.00) on shares of Columbia Sportswear in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Columbia Sportswear in a research report on Monday, December 29th. Finally, BTIG Research reiterated a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear in a research report on Friday, October 31st. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Columbia Sportswear has a consensus rating of “Hold” and a consensus price target of $56.00.

Columbia Sportswear Stock Performance

Shares of Columbia Sportswear stock opened at $54.11 on Wednesday. The stock has a market capitalization of $2.92 billion, a PE ratio of 16.35 and a beta of 0.90. Columbia Sportswear Company has a 52 week low of $47.47 and a 52 week high of $92.88. The stock has a 50 day moving average price of $54.78 and a two-hundred day moving average price of $54.32.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.45% and a net margin of 5.45%.The company had revenue of $943.43 million for the quarter, compared to analysts’ expectations of $917.02 million. During the same period last year, the business earned $1.56 EPS. Columbia Sportswear’s quarterly revenue was up 1.2% compared to the same quarter last year. 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. Research analysts forecast that Columbia Sportswear Company will post 4.1 EPS for the current year.

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.