Columbia Sportswear Company $COLM Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM) by 7.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,246 shares of the textile maker’s stock after selling 1,237 shares during the period. Mutual of America Capital Management LLC’s holdings in Columbia Sportswear were worth $931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in COLM. Deutsche Bank AG boosted its stake in shares of Columbia Sportswear by 449.1% in the first quarter. Deutsche Bank AG now owns 21,477 shares of the textile maker’s stock worth $1,626,000 after buying an additional 17,566 shares during the last quarter. Trexquant Investment LP acquired a new position in Columbia Sportswear in the first quarter valued at approximately $10,834,000. Dean Capital Management boosted its position in Columbia Sportswear by 63.4% in the 1st quarter. Dean Capital Management now owns 24,956 shares of the textile maker’s stock worth $1,889,000 after purchasing an additional 9,684 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Columbia Sportswear during the 1st quarter worth approximately $518,000. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Columbia Sportswear by 18.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 42,989 shares of the textile maker’s stock worth $3,254,000 after purchasing an additional 6,693 shares during the period. 47.76% of the stock is owned by hedge funds and other institutional investors.

Columbia Sportswear Stock Performance

Shares of COLM opened at $54.89 on Tuesday. The stock has a 50 day moving average price of $53.76 and a 200 day moving average price of $58.80. Columbia Sportswear Company has a one year low of $48.10 and a one year high of $92.88. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 14.00 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 the consensus estimate 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 analysts’ expectations of $587.97 million. During the same quarter in the previous year, the company posted ($0.20) EPS. The firm’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. On average, analysts predict that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on COLM. Zacks Research downgraded shares of Columbia Sportswear from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 30th. Citigroup lowered their target price on shares of Columbia Sportswear from $64.00 to $61.00 and set a “neutral” rating on the stock in a research note on Friday, August 1st. Stifel Nicolaus set a $68.00 price target on Columbia Sportswear in a research note on Wednesday, October 22nd. Cfra Research upgraded Columbia Sportswear to a “hold” rating in a research report on Monday, August 4th. Finally, BTIG Research assumed coverage on Columbia Sportswear in a research report on Tuesday, October 14th. They issued a “buy” rating and a $75.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of “Reduce” and a consensus target price of $63.17.

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.