Dean Capital Management Sells 12,515 Shares of Columbia Sportswear Company $COLM

Dean Capital Management trimmed its position in Columbia Sportswear Company (NASDAQ:COLM) by 39.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,462 shares of the textile maker’s stock after selling 12,515 shares during the quarter. Dean Capital Management’s holdings in Columbia Sportswear were worth $1,018,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in COLM. JPMorgan Chase & Co. increased its holdings in shares of Columbia Sportswear by 215.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock worth $56,674,000 after buying an additional 739,584 shares during the last quarter. AQR Capital Management LLC lifted its holdings 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 acquiring an additional 439,913 shares during the last quarter. Invesco Ltd. grew its position in Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock worth $22,437,000 after acquiring an additional 256,578 shares in the last quarter. Norges Bank purchased a new position in Columbia Sportswear in the second quarter worth about $14,669,000. Finally, Cubist Systematic Strategies LLC bought a new stake in Columbia Sportswear during the second quarter worth approximately $12,238,000. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on COLM shares. Citigroup restated a “neutral” rating and set a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Stifel Nicolaus raised their target price on shares of Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. UBS Group reaffirmed a “sell” rating and set a $44.00 price target (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, BTIG Research reiterated a “buy” rating and set a $75.00 price target on shares of Columbia Sportswear in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Columbia Sportswear presently has an average rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Stock Performance

Columbia Sportswear stock opened at $55.25 on Monday. The company has a market capitalization of $2.89 billion, a PE ratio of 17.05 and a beta of 0.86. The company has a 50 day moving average price of $58.21 and a 200-day moving average price of $55.33. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $80.37.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share 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 firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the company posted $1.80 earnings per share. The firm’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. On average, analysts forecast that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.30 per share. The ex-dividend date is Monday, March 9th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear’s dividend payout ratio (DPR) is currently 37.04%.

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.