Columbia Sportswear Company $COLM Position Boosted by Renaissance Technologies LLC

Renaissance Technologies LLC grew its holdings in Columbia Sportswear Company (NASDAQ:COLM) by 779.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,802 shares of the textile maker’s stock after purchasing an additional 105,300 shares during the period. Renaissance Technologies LLC’s holdings in Columbia Sportswear were worth $6,512,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COLM. Farther Finance Advisors LLC raised its holdings in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after acquiring an additional 297 shares in the last quarter. Allworth Financial LP grew its stake in Columbia Sportswear by 690.0% in the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 483 shares in the last quarter. Parallel Advisors LLC grew its stake in Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after purchasing an additional 415 shares in the last quarter. Jones Financial Companies Lllp increased its position in Columbia Sportswear by 208.3% in the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after purchasing an additional 375 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Columbia Sportswear by 255.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock worth $42,000 after purchasing an additional 491 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Columbia Sportswear

In related news, Director Stephen E. Babson sold 4,150 shares of the business’s stock in a transaction that occurred 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 in the company, valued at approximately $8,994,949.20. The trade was a 3.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ronald E. Nelson sold 4,080 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the sale, the director directly owned 22,789 shares of the company’s stock, valued at $1,544,638.42. The trade was a 15.18% decrease in their position. The SEC filing for this sale provides additional information. 51.90% of the stock is currently owned by insiders.

Columbia Sportswear Price Performance

Columbia Sportswear stock opened at $57.59 on Wednesday. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $69.06. The company’s fifty day moving average price is $63.93 and its two-hundred day moving average price is $60.50. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 14.96 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.91. The company had revenue of $614.36 million during the quarter, compared to analysts’ expectations of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. As a group, sell-side analysts anticipate that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio (DPR) is presently 31.17%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on COLM shares. Citigroup reaffirmed a “neutral” rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Robert W. Baird set a $65.00 price target on Columbia Sportswear in a research note on Friday. BTIG Research restated a “buy” rating and issued a $80.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Zacks Research lowered shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, UBS Group reiterated a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Columbia Sportswear currently has an average rating of “Hold” and a consensus target price of $65.40.

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.