Columbia Sportswear (NASDAQ:COLM) Upgraded by Zacks Research to “Strong-Buy” Rating

Columbia Sportswear (NASDAQ:COLM) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

COLM has been the topic of a number of other reports. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Wall Street Zen upgraded shares of Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. UBS Group restated a “sell” rating and issued a $44.00 target price (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday. Citigroup reaffirmed a “neutral” rating and set a $62.00 price target (up previously from $55.00) on shares of Columbia Sportswear in a research note on Wednesday. Finally, Robert W. Baird set a $63.00 price target on Columbia Sportswear in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.50.

Columbia Sportswear Stock Performance

Shares of NASDAQ COLM opened at $63.07 on Thursday. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $92.88. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 19.47 and a beta of 0.91. The business’s 50 day moving average price is $55.66 and its 200-day moving average price is $54.32.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating the consensus estimate of $1.22 by $0.51. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the company posted $1.80 EPS. Columbia Sportswear’s quarterly revenue was down 2.4% on a year-over-year basis. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. Sell-side analysts predict that Columbia Sportswear will post 4.1 earnings per share for the current year.

Hedge Funds Weigh In On Columbia Sportswear

Several large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Columbia Sportswear by 388,140.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 163,061 shares of the textile maker’s stock worth $9,179,000 after purchasing an additional 163,019 shares during the period. Allworth Financial LP boosted its position in shares of Columbia Sportswear by 68.4% during the 4th quarter. Allworth Financial LP now owns 931 shares of the textile maker’s stock worth $51,000 after purchasing an additional 378 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in Columbia Sportswear in the 4th quarter valued at approximately $470,000. Comerica Bank raised its position in Columbia Sportswear by 11.1% in the fourth quarter. Comerica Bank now owns 16,544 shares of the textile maker’s stock valued at $911,000 after purchasing an additional 1,647 shares during the period. Finally, Teacher Retirement System of Texas lifted its stake in Columbia Sportswear by 20.9% during the fourth quarter. Teacher Retirement System of Texas now owns 101,229 shares of the textile maker’s stock worth $5,577,000 after purchasing an additional 17,472 shares in the last quarter. Institutional investors and hedge funds 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.