6,955 Shares in Columbia Sportswear Company $COLM Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in Columbia Sportswear Company (NASDAQ:COLM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 6,955 shares of the textile maker’s stock, valued at approximately $425,000.

Other institutional investors have also recently bought and sold shares of the company. Novem Group increased 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 worth $205,000 after purchasing an additional 237 shares during the period. Federated Hermes Inc. increased its holdings in shares of Columbia Sportswear by 4.8% during the 1st quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker’s stock worth $397,000 after purchasing an additional 241 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Columbia Sportswear by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker’s stock worth $5,587,000 after purchasing an additional 324 shares during the period. GHP Investment Advisors Inc. increased its holdings in shares of Columbia Sportswear by 1.3% during the 1st quarter. GHP Investment Advisors Inc. now owns 27,581 shares of the textile maker’s stock worth $2,088,000 after purchasing an additional 360 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of Columbia Sportswear by 208.3% during the 1st 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 period. Institutional investors own 47.76% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on COLM shares. Stifel Nicolaus lowered their target price on shares of Columbia Sportswear from $75.00 to $68.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. Weiss Ratings reissued a “sell (d+)” rating on shares of Columbia Sportswear in a research report on Wednesday, October 8th. Zacks Research lowered shares of Columbia Sportswear from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 30th. Citigroup dropped their price target on shares of Columbia Sportswear from $64.00 to $61.00 and set a “neutral” rating for the company in a research report on Friday, August 1st. Finally, Cfra Research raised shares of Columbia Sportswear to a “hold” rating in a research report on Monday, August 4th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $63.17.

Columbia Sportswear Trading Up 2.7%

Shares of Columbia Sportswear stock opened at $52.23 on Friday. Columbia Sportswear Company has a 1-year low of $48.10 and a 1-year high of $92.88. The firm’s 50-day moving average price is $53.56 and its two-hundred day moving average price is $59.35. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 13.32 and a beta of 0.98.

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

Columbia Sportswear Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, August 21st. Columbia Sportswear’s dividend payout ratio is presently 30.61%.

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.