SG Americas Securities LLC Sells 26,585 Shares of Columbia Sportswear Company $COLM

SG Americas Securities LLC trimmed its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM) by 80.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,581 shares of the textile maker’s stock after selling 26,585 shares during the period. SG Americas Securities LLC’s holdings in Columbia Sportswear were worth $361,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in shares of Columbia Sportswear by 195.4% in 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 last quarter. Allworth Financial LP boosted its position in 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 purchasing an additional 483 shares during the last quarter. Jones Financial Companies Lllp boosted its position 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. 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. Finally, EverSource Wealth Advisors LLC grew its stake in 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 in the last quarter. Institutional investors own 47.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on COLM shares. Citigroup reiterated a “neutral” rating and set a $67.00 price objective (up from $65.00) on shares of Columbia Sportswear in a research note on Monday, May 4th. BTIG Research raised their target price 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 report on Tuesday, May 19th. UBS Group restated a “sell” rating and set a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Finally, Weiss Ratings lowered shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $62.67.

Columbia Sportswear Stock Up 1.6%

Shares of NASDAQ COLM opened at $63.61 on Friday. The business’s 50 day moving average price is $63.38 and its two-hundred day moving average price is $59.64. The company has a market cap of $3.25 billion, a PE ratio of 20.26 and a beta of 0.94. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The company had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. During the same period last year, the firm posted $0.75 earnings per share. The business’s revenue was up .1% on a year-over-year basis. 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, research analysts anticipate that Columbia Sportswear Company will post 3.86 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.20 annualized dividend and a yield of 1.9%. Columbia Sportswear’s dividend payout ratio (DPR) is currently 38.22%.

Insider Buying and Selling at Columbia Sportswear

In other news, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $67.95, for a total value of $281,992.50. Following the transaction, the director directly owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sabrina Simmons sold 1,329 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the completion of the transaction, the director directly owned 8,260 shares in the company, valued at $505,842.40. The trade was a 13.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,559 shares of company stock valued at $639,923 in the last quarter. 51.90% of the stock is currently owned by insiders.

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.