Deprince Race & Zollo Inc. Makes New $27.41 Million Investment in Columbia Sportswear Company $COLM

Deprince Race & Zollo Inc. acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 500,029 shares of the textile maker’s stock, valued at approximately $27,407,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Millennium Management LLC lifted its stake in Columbia Sportswear by 24.6% in the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after purchasing an additional 28,269 shares during the last quarter. 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 buying an additional 375 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Columbia Sportswear by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after buying an additional 2,680 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Columbia Sportswear by 125.0% during the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after buying an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. increased its holdings in shares of Columbia Sportswear by 11.7% in the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock worth $204,000 after buying an additional 350 shares during the period. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Trading Up 3.0%

COLM stock opened at $63.69 on Thursday. The firm’s 50-day moving average price is $63.20 and its two-hundred day moving average price is $59.35. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $69.06. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 20.28 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.30. The company had revenue of $779.01 million during the quarter, compared to analyst estimates of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. Columbia Sportswear’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. Equities analysts predict that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were issued a $0.30 dividend. The ex-dividend date was Thursday, May 21st. This represents a $1.20 annualized dividend and a yield of 1.9%. Columbia Sportswear’s dividend payout ratio (DPR) is 38.22%.

Insider Transactions at Columbia Sportswear

In related news, Director Sabrina Simmons sold 1,329 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $61.24, for a total transaction of $81,387.96. Following the completion of the transaction, the director owned 8,260 shares in the company, valued at $505,842.40. This represents a 13.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen E. Babson sold 4,150 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total value of $281,992.50. Following the completion of the sale, the director directly owned 132,376 shares of the company’s stock, valued at $8,994,949.20. The trade was a 3.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,559 shares of company stock worth $639,923. 51.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on COLM shares. BTIG Research boosted their target price on Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Weiss Ratings lowered Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. UBS Group reaffirmed a “sell” rating and issued a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Citigroup reissued a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Columbia Sportswear has an average rating of “Hold” and a consensus target price of $62.67.

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.