Columbia Sportswear (NASDAQ:COLM) Sets New 1-Year High – Should You Buy?

Columbia Sportswear Company (NASDAQ:COLMGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $68.11 and last traded at $67.5580, with a volume of 183721 shares traded. The stock had previously closed at $65.81.

Analysts Set New Price Targets

COLM has been the topic of a number of analyst reports. Robert W. Baird set a $63.00 target price on Columbia Sportswear in a research report on Wednesday, February 4th. BTIG Research lifted their price target on Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Citigroup reiterated a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. Zacks Research upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Finally, UBS Group reiterated 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $62.67.

Check Out Our Latest Stock Analysis on Columbia Sportswear

Columbia Sportswear Stock Up 1.6%

The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 21.30 and a beta of 0.91. The stock has a 50 day moving average of $58.58 and a 200 day moving average of $57.19.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business had revenue of $779.01 million during the quarter, compared to the consensus estimate of $758.26 million. During the same period last year, the firm earned $0.75 earnings per share. The company’s revenue for the quarter was up .1% compared to the same quarter last year. 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. Analysts predict that Columbia Sportswear Company will post 3.88 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Thursday, May 21st. Columbia Sportswear’s payout ratio is presently 38.22%.

Insider Buying and Selling

In other Columbia Sportswear news, Director Sabrina Simmons sold 1,329 shares of Columbia Sportswear stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $61.24, for a total value of $81,387.96. Following the completion of the transaction, the director directly owned 8,260 shares in the company, valued at $505,842.40. The trade was a 13.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 51.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Columbia Sportswear

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC acquired a new position in Columbia Sportswear in the first quarter valued at approximately $4,292,000. Essential Partners LLC boosted its stake in Columbia Sportswear by 66.2% in the first quarter. Essential Partners LLC now owns 1,293 shares of the textile maker’s stock valued at $71,000 after acquiring an additional 515 shares during the period. California State Teachers Retirement System boosted its stake in Columbia Sportswear by 16.6% in the first quarter. California State Teachers Retirement System now owns 30,362 shares of the textile maker’s stock valued at $1,664,000 after acquiring an additional 4,318 shares during the period. Empowered Funds LLC acquired a new position in Columbia Sportswear in the first quarter valued at approximately $1,465,000. Finally, Quantinno Capital Management LP boosted its stake in Columbia Sportswear by 7.6% in the first quarter. Quantinno Capital Management LP now owns 292,953 shares of the textile maker’s stock valued at $16,057,000 after acquiring an additional 20,797 shares during the period. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Columbia Sportswear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear and related companies with MarketBeat.com's FREE daily email newsletter.