Segall Bryant & Hamill LLC Takes $4.29 Million Position in Columbia Sportswear Company $COLM

Segall Bryant & Hamill LLC acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 78,309 shares of the textile maker’s stock, valued at approximately $4,292,000.

Several other hedge funds have also recently bought and sold shares of COLM. Farther Finance Advisors LLC boosted its holdings in Columbia Sportswear by 195.4% during the 4th 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. Allworth Financial LP increased its stake in 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 during the period. 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. Jones Financial Companies Lllp lifted its position in shares of Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after purchasing an additional 375 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Columbia Sportswear by 255.7% in the second quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 491 shares during the period. Institutional investors and hedge funds own 47.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on COLM. UBS Group restated a “sell” rating and issued a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Citigroup restated a “neutral” rating and issued a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Finally, Robert W. Baird set a $65.00 price objective on Columbia Sportswear in a research report on Friday. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $65.40.

Insider Buying and Selling

In other news, Director Stephen E. Babson sold 4,150 shares of the business’s stock in a transaction dated 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 of the company’s stock, 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 accessible through this link. Also, Director Ronald E. Nelson sold 4,080 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the completion of the sale, the director owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. This represents 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 company insiders.

Columbia Sportswear Stock Performance

Shares of Columbia Sportswear stock opened at $58.65 on Tuesday. The business has a 50-day simple moving average of $64.10 and a 200-day simple moving average of $60.48. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $69.06. The company has a market cap of $3.00 billion, a PE ratio of 15.23 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) 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 the consensus estimate of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. 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. On average, sell-side analysts predict that Columbia Sportswear Company will post 4.68 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio (DPR) is 31.17%.

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.