Columbia Sportswear (NASDAQ:COLM) Stock Price Target Raised at BTIG Research

Columbia Sportswear (NASDAQ:COLM) had its price target boosted by BTIG Research from $80.00 to $83.00 in a report released on Friday,Benzinga reports. The brokerage currently has a buy rating on the textile maker’s stock.

A number of other research analysts have also recently issued reports on COLM. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. UBS Group reissued a “sell” rating and issued a $49.00 target price on shares of Columbia Sportswear in a report on Friday. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Citigroup reiterated a “neutral” rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $66.40.

Columbia Sportswear Stock Up 6.0%

Shares of COLM opened at $67.54 on Friday. The stock’s 50-day moving average price is $58.44 and its 200 day moving average price is $59.75. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 17.55 and a beta of 0.93. Columbia Sportswear has a 12-month low of $47.47 and a 12-month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, October 29th. The textile maker reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.38. Columbia Sportswear had a return on equity of 11.72% and a net margin of 6.97%. The company had revenue of $962.58 million during the quarter, compared to the consensus estimate of $944.91 million. During the same quarter last year, the company earned $1.41 EPS. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Equities research analysts expect that Columbia Sportswear will post 3.55 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.8%. The ex-dividend date is Thursday, November 19th. Columbia Sportswear’s payout ratio is presently 31.17%.

Hedge Funds Weigh In On Columbia Sportswear

Several hedge funds and other institutional investors have recently made changes to their positions in COLM. State of Wyoming increased its holdings in shares of Columbia Sportswear by 357.0% in the third quarter. State of Wyoming now owns 10,708 shares of the textile maker’s stock valued at $615,000 after purchasing an additional 8,365 shares during the last quarter. Signaturefd LLC raised its position in shares of Columbia Sportswear by 63.4% in the third quarter. Signaturefd LLC now owns 1,716 shares of the textile maker’s stock valued at $99,000 after buying an additional 666 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of Columbia Sportswear during the 3rd quarter worth $1,172,000. Nisa Investment Advisors LLC grew its stake in Columbia Sportswear by 84.6% during the third quarter. Nisa Investment Advisors LLC now owns 2,034 shares of the textile maker’s stock worth $117,000 after buying an additional 932 shares in the last quarter. Finally, Mosley Wealth Management raised its position in Columbia Sportswear by 42.9% during the third quarter. Mosley Wealth Management now owns 1,853 shares of the textile maker’s stock valued at $113,000 after purchasing an additional 556 shares in the last quarter. 47.76% of the stock is owned by institutional investors.

Key Columbia Sportswear News

Here are the key news stories impacting Columbia Sportswear this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Columbia reported adjusted earnings of $1.66 per share, up from $1.41 a year earlier and above the $1.25-$1.28 analyst estimates. Revenue reached $962.6 million, compared with expectations of approximately $944.9 million, representing 2% year-over-year growth. Columbia Sportswear Q3 earnings report
• Positive Sentiment: Growth was supported by international operations and direct-to-consumer sales. These areas helped the company outperform quarterly sales expectations and encouraged management to increase its full-year 2026 outlook, slightly above consensus expectations. COLM Q3 earnings beat estimates
• Positive Sentiment: BTIG Research raised its price target. BTIG increased its target for COLM from $80 to $83 and upgraded or reaffirmed a “Buy” rating, implying further upside based on the reported share price. BTIG Research Columbia Sportswear rating
• Neutral Sentiment: Columbia maintained its quarterly dividend. The company declared a $0.30-per-share dividend, or $1.20 annualized, with an approximately 1.8% yield. The stock will trade ex-dividend on November 19, with payment scheduled for December 3. Columbia Sportswear dividend announcement

Columbia Sportswear Company Profile

Columbia Sportswear Company is an outdoor and active lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown into a global outdoor brand focused on products designed for activities such as hiking, skiing, fishing, camping and everyday outdoor use.

The company markets products under the Columbia, Sorel, Mountain Hardwear and prAna brands. Its offerings include jackets, shirts, pants, base layers, footwear, hats, gloves, backpacks and other outdoor accessories.