3,692 Shares in Columbia Sportswear Company $COLM Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in Columbia Sportswear Company (NASDAQ:COLM) in the second quarter, Holdings Channel.com reports. The institutional investor bought 3,692 shares of the textile maker’s stock, valued at approximately $226,000.

Several other hedge funds also recently modified their holdings of COLM. Novem Group raised its holdings in shares of Columbia Sportswear by 7.6% during the 2nd quarter. Novem Group now owns 3,353 shares of the textile maker’s stock valued at $205,000 after purchasing an additional 237 shares in the last quarter. Federated Hermes Inc. increased its position in Columbia Sportswear by 4.8% during the first quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker’s stock worth $397,000 after buying an additional 241 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Columbia Sportswear by 0.4% during the first quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker’s stock valued at $5,587,000 after buying an additional 324 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 375 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Columbia Sportswear during the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. UBS Group reaffirmed a “sell” rating and set a $38.00 price objective (down from $40.00) on shares of Columbia Sportswear in a report on Friday, October 31st. Citigroup lowered their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Columbia Sportswear in a research note on Wednesday, October 8th. Barclays decreased their target price on Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating for the company in a research note on Friday, August 1st. Finally, Cfra Research raised Columbia Sportswear to a “hold” rating in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $60.50.

Columbia Sportswear Trading Up 1.8%

Shares of COLM stock opened at $51.67 on Friday. Columbia Sportswear Company has a 12 month low of $47.47 and a 12 month high of $92.88. The company has a market capitalization of $2.83 billion, a P/E ratio of 13.18 and a beta of 0.94. The stock has a 50 day moving average of $53.12 and a two-hundred day moving average of $57.92.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, October 30th. The textile maker reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The business had revenue of $943.43 million during the quarter, compared to analyst estimates of $917.02 million. During the same period in the prior year, the company posted $1.56 earnings per share. Columbia Sportswear’s revenue was up 1.2% on a year-over-year basis. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS. FY 2025 guidance at 3.010-3.310 EPS. Sell-side analysts predict that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.3%. Columbia Sportswear’s payout ratio is presently 36.25%.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.