Columbia Sportswear (NASDAQ:COLM) Director Stephen Babson Sells 4,150 Shares

Columbia Sportswear Company (NASDAQ:COLM) Director Stephen Babson sold 4,150 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Columbia Sportswear Trading Down 0.3%

Shares of COLM stock opened at $66.01 on Tuesday. The company’s 50-day moving average price is $59.50 and its 200-day moving average price is $57.62. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 21.02 and a beta of 0.93. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $68.29.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.30. The firm had revenue of $779.01 million for the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS. 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. As a group, equities research analysts predict that Columbia Sportswear Company will post 3.86 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Columbia Sportswear’s payout ratio is presently 38.22%.

Institutional Trading of Columbia Sportswear

Hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position 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 purchasing an additional 297 shares in the last quarter. Fifth Third Bancorp lifted its position 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 worth $27,000 after purchasing an additional 441 shares in the last quarter. Allworth Financial LP lifted its position 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 worth $29,000 after purchasing an additional 483 shares in the last quarter. Parallel Advisors LLC lifted its position 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 worth $30,000 after purchasing an additional 415 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position 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 worth $38,000 after purchasing an additional 653 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on COLM shares. BTIG Research boosted their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Stifel Nicolaus upped their target price on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Robert W. Baird set a $63.00 target price on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Finally, Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Columbia Sportswear has a consensus rating of “Hold” and an average target price of $62.67.

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.