Wealth Enhancement Advisory Services LLC Acquires Shares of 8,629 Columbia Sportswear Company $COLM

Wealth Enhancement Advisory Services LLC bought a new position in Columbia Sportswear Company (NASDAQ:COLM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,629 shares of the textile maker’s stock, valued at approximately $449,000.

A number of other large investors have also recently made changes to their positions in COLM. CWM LLC boosted its holdings in Columbia Sportswear by 1,362.1% during the 3rd quarter. CWM LLC now owns 21,770 shares of the textile maker’s stock valued at $1,139,000 after acquiring an additional 20,281 shares during the period. Boston Trust Walden Corp lifted its position in shares of Columbia Sportswear by 0.5% during the second quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker’s stock worth $73,206,000 after purchasing an additional 5,491 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Columbia Sportswear during the second quarter valued at $335,000. Janney Montgomery Scott LLC purchased a new stake in shares of Columbia Sportswear during the second quarter valued at $425,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Columbia Sportswear in the second quarter worth about $2,307,000. 47.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on COLM. Zacks Research upgraded shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday. Citigroup reaffirmed a “neutral” rating and set a $62.00 price target (up previously from $55.00) on shares of Columbia Sportswear in a research note on Wednesday. Robert W. Baird set a $63.00 price target on Columbia Sportswear in a report on Wednesday. Stifel Nicolaus raised their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, BTIG Research reaffirmed a “buy” rating and set a $75.00 target price on shares of Columbia Sportswear in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $60.50.

Columbia Sportswear Trading Up 3.3%

Shares of NASDAQ:COLM opened at $63.07 on Friday. The company has a market capitalization of $3.40 billion, a PE ratio of 19.47 and a beta of 0.91. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $92.88. The business’s fifty day simple moving average is $55.66 and its 200-day simple moving average is $54.26.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter last year, the company earned $1.80 earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. Research analysts predict that Columbia Sportswear Company will post 4.1 EPS for the current year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Monday, March 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, March 9th. Columbia Sportswear’s payout ratio is 37.04%.

Columbia Sportswear Profile

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.