Columbia Sportswear (NASDAQ:COLM) Cut to “Hold” at Zacks Research

Columbia Sportswear (NASDAQ:COLM) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

COLM has been the subject of a number of other research reports. Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. BTIG Research lifted their target price on Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 1st. UBS Group reissued a “sell” rating and set a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Finally, Citigroup restated a “neutral” rating and issued a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Columbia Sportswear currently has an average rating of “Hold” and an average target price of $62.67.

Columbia Sportswear Price Performance

NASDAQ COLM opened at $63.21 on Monday. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 20.13 and a beta of 0.94. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $69.06. The business’s fifty day moving average price is $63.70 and its 200-day moving average price is $60.07.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, April 30th. The textile maker reported $0.65 earnings per share 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 for the quarter, compared to the consensus estimate of $758.26 million. During the same quarter in the prior year, the company earned $0.75 earnings per share. Columbia Sportswear’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. Equities research analysts anticipate that Columbia Sportswear will post 3.86 EPS for the current year.

Insider Buying and Selling at Columbia Sportswear

In related news, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the transaction, the director owned 132,376 shares in the company, valued at approximately $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronald E. Nelson sold 4,080 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total transaction of $276,542.40. Following the transaction, the director directly owned 22,789 shares of the company’s stock, valued at $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,559 shares of company stock valued at $639,923 in the last three months. 51.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Columbia Sportswear

Several hedge funds have recently bought and sold shares of COLM. Farther Finance Advisors LLC boosted its holdings in shares of 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 purchasing an additional 297 shares during the last quarter. Allworth Financial LP grew 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 valued at $29,000 after purchasing an additional 483 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Columbia Sportswear by 250.0% in 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 during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Columbia Sportswear by 208.3% in 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 during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position 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 worth $42,000 after buying an additional 491 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

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.