Bank of New York Mellon Corp Acquires 3,331 Shares of Columbia Sportswear Company $COLM

Bank of New York Mellon Corp increased its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 390,923 shares of the textile maker’s stock after acquiring an additional 3,331 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.71% of Columbia Sportswear worth $23,878,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of COLM. Boston Trust Walden Corp increased its position in shares of Columbia Sportswear by 0.5% during the 2nd quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker’s stock valued at $73,206,000 after purchasing an additional 5,491 shares during the last quarter. American Century Companies Inc. increased its holdings in Columbia Sportswear by 12.7% during the first quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker’s stock worth $75,464,000 after buying an additional 112,282 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Columbia Sportswear in the first quarter worth about $39,222,000. AQR Capital Management LLC boosted its stake in Columbia Sportswear by 14.4% in the first quarter. AQR Capital Management LLC now owns 316,857 shares of the textile maker’s stock valued at $23,942,000 after acquiring an additional 39,865 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Columbia Sportswear during the 1st quarter valued at approximately $15,099,000. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Wall Street Analyst Weigh In

COLM has been the topic of a number of research reports. Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, November 10th. Citigroup dropped their price target on Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Stifel Nicolaus decreased their price objective on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a report on Friday, October 31st. Barclays dropped their price objective on shares of Columbia Sportswear from $62.00 to $51.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. Finally, BTIG Research reiterated a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear in a research report on Friday, October 31st. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Columbia Sportswear currently has an average rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Stock Down 1.4%

COLM stock opened at $53.69 on Friday. The stock has a 50-day simple moving average of $52.76 and a two-hundred day simple moving average of $57.52. Columbia Sportswear Company has a twelve month low of $47.47 and a twelve month high of $92.88. The firm has a market capitalization of $2.89 billion, a PE ratio of 13.70 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.16. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The firm had revenue of $943.43 million for the quarter, compared to the consensus estimate of $917.02 million. During the same period in the prior year, the firm posted $1.56 earnings per share. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS. FY 2025 guidance at 3.010-3.310 EPS. On average, equities research analysts anticipate that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, November 20th. Columbia Sportswear’s dividend payout ratio (DPR) is presently 36.25%.

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.