Strs Ohio Makes New $1.53 Million Investment in Columbia Sportswear Company $COLM

Strs Ohio acquired a new position in shares of Columbia Sportswear Company (NASDAQ:COLM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,180 shares of the textile maker’s stock, valued at approximately $1,527,000.

Other hedge funds also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Columbia Sportswear during the first quarter worth about $38,000. Jones Financial Companies Lllp grew its holdings 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 buying an additional 375 shares during the last quarter. Quarry LP purchased a new position in shares of Columbia Sportswear during the first quarter worth about $44,000. Whipplewood Advisors LLC grew its holdings 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 worth $47,000 after buying an additional 620 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Columbia Sportswear by 1,943.2% during the first quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker’s stock worth $68,000 after buying an additional 855 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $53.90 on Wednesday. Columbia Sportswear Company has a 1 year low of $48.10 and a 1 year high of $92.88. The company has a market capitalization of $2.95 billion, a P/E ratio of 13.75 and a beta of 0.96. The business has a 50 day moving average price of $56.16 and a 200 day moving average price of $63.65.

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

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Thursday, August 21st. Columbia Sportswear’s payout ratio is currently 30.61%.

Analysts Set New Price Targets

A number of research firms recently issued reports on COLM. Stifel Nicolaus lowered their price target on Columbia Sportswear from $75.00 to $68.00 and set a “buy” rating on the stock in a report on Friday, August 1st. Barclays lowered their price target on Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. Cfra Research raised Columbia Sportswear to a “hold” rating in a report on Monday, August 4th. Citigroup lowered their price target on Columbia Sportswear from $64.00 to $61.00 and set a “neutral” rating on the stock in a report on Friday, August 1st. Finally, Needham & Company LLC initiated coverage on Columbia Sportswear in a report on Friday, May 30th. They set a “hold” rating on the stock. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $60.80.

About Columbia Sportswear

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.