Key Points
- Director Ronald Nelson sold 4,080 shares of Columbia Sportswear at an average price of $67.78, totaling about $276,542. After the sale, he still held 22,789 shares, a position reduction of 15.18%.
- The company reported stronger-than-expected quarterly results, posting EPS of $0.65 versus the $0.35 consensus and revenue of $779.01 million versus expectations of $758.26 million. Columbia Sportswear also guided FY 2026 EPS at 3.55 to 4.00.
- Columbia Sportswear declared a quarterly dividend of $0.30 per share, payable June 4, for an annualized dividend of $1.20 and a yield of 1.8%. The stock was down 2.4% in recent trading and analysts currently rate it a hold on average.
Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) Director Ronald Nelson sold 4,080 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total transaction of $276,542.40. Following the sale, the director owned 22,789 shares in the company, valued at approximately $1,544,638.42. This trade represents a 15.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Columbia Sportswear Stock Down 2.4%
COLM opened at $66.18 on Friday. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 21.08 and a beta of 0.91. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $68.29. The company's 50-day moving average price is $59.29 and its 200 day moving average price is $57.48.
Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.30. The firm had revenue of $779.01 million for 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 quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Research analysts anticipate that Columbia Sportswear Company will post 3.86 earnings per share for the current year.
Columbia Sportswear Dividend Announcement
The company also recently declared 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. The ex-dividend date is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Columbia Sportswear's dividend payout ratio (DPR) is presently 38.22%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in COLM. Farther Finance Advisors LLC increased its stake 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 valued at $25,000 after acquiring an additional 297 shares during the period. Fifth Third Bancorp increased its stake in shares of Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker's stock valued at $27,000 after acquiring an additional 441 shares during the period. Allworth Financial LP increased its stake in shares of Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker's stock valued at $29,000 after acquiring an additional 483 shares during the period. Parallel Advisors LLC increased its stake in shares of Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker's stock valued at $30,000 after acquiring an additional 415 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in shares of Columbia Sportswear by 960.3% during the third quarter. Hantz Financial Services Inc. now owns 721 shares of the textile maker's stock valued at $38,000 after acquiring an additional 653 shares during the period. Institutional investors and hedge funds own 47.76% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have commented on COLM shares. BTIG Research raised their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Zacks Research upgraded shares of Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 19th. UBS Group restated 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. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, Stifel Nicolaus raised their price target on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a "buy" rating in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Columbia Sportswear presently has an average rating of "Hold" and an average price target of $62.67.
Get Our Latest Stock Analysis on COLM
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.
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