Invesco Ltd. Sells 419,848 Shares of Columbia Sportswear Company $COLM

Invesco Ltd. lessened its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM) by 79.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,752 shares of the textile maker’s stock after selling 419,848 shares during the period. Invesco Ltd. owned about 0.20% of Columbia Sportswear worth $8,383,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of COLM. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Columbia Sportswear during the first quarter valued at approximately $38,000. Whipplewood Advisors LLC boosted its position in shares of Columbia Sportswear by 12,400.0% during the first quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker’s stock valued at $47,000 after buying an additional 620 shares during the period. Lazard Asset Management LLC purchased a new position in shares of Columbia Sportswear during the fourth quarter valued at approximately $76,000. Kapitalo Investimentos Ltda purchased a new position in shares of Columbia Sportswear during the fourth quarter valued at approximately $139,000. Finally, US Bancorp DE boosted its position in shares of Columbia Sportswear by 35.2% during the first quarter. US Bancorp DE now owns 2,569 shares of the textile maker’s stock valued at $194,000 after buying an additional 669 shares during the period. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Stock Down 2.0%

Columbia Sportswear stock opened at $55.40 on Tuesday. The business has a fifty day moving average of $58.15 and a two-hundred day moving average of $66.96. The firm has a market cap of $3.03 billion, a P/E ratio of 14.13 and a beta of 1.00. Columbia Sportswear Company has a twelve month low of $48.10 and a twelve month high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last posted its earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.28) by $0.09. The company had revenue of $605.25 million during the quarter, compared to analyst estimates of $587.97 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.Columbia Sportswear’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.20) earnings per share. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. Equities analysts expect that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. Columbia Sportswear’s dividend payout ratio is currently 30.61%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Needham & Company LLC assumed coverage on Columbia Sportswear in a research report on Friday, May 30th. They set a “hold” rating for the company. Barclays dropped their target price on Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating for the company in a research report on Friday, August 1st. Citigroup lowered their price target on Columbia Sportswear from $64.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, August 1st. UBS Group lowered their price target on Columbia Sportswear from $45.00 to $40.00 and set a “sell” rating for the company in a report on Friday, August 1st. Finally, Stifel Nicolaus lowered their price target on Columbia Sportswear from $75.00 to $68.00 and set a “buy” rating for the company in a report on Friday, August 1st. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Columbia Sportswear has a consensus rating of “Hold” and a consensus target price of $60.80.

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.