Allianz Asset Management GmbH Boosts Holdings in Columbia Sportswear Company $COLM

Allianz Asset Management GmbH boosted its stake in Columbia Sportswear Company (NASDAQ:COLM) by 87.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 231,198 shares of the textile maker’s stock after buying an additional 107,943 shares during the period. Allianz Asset Management GmbH owned 0.42% of Columbia Sportswear worth $12,092,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sellwood Investment Partners LLC bought a new position in shares of Columbia Sportswear during the third quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC bought a new position in shares of Columbia Sportswear during the second quarter valued at $31,000. Jones Financial Companies Lllp boosted 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 valued at $42,000 after acquiring an additional 375 shares during the last quarter. CX Institutional purchased a new stake in Columbia Sportswear in the third quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Columbia Sportswear by 255.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 683 shares of the textile maker’s stock worth $42,000 after buying an additional 491 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on COLM shares. Citigroup reissued a “neutral” rating and issued a $62.00 price objective (up previously from $55.00) on shares of Columbia Sportswear in a report on Wednesday. BTIG Research reissued a “buy” rating and set a $75.00 price target on shares of Columbia Sportswear in a report on Friday, January 30th. Stifel Nicolaus lifted their price objective on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. UBS Group reaffirmed a “sell” rating and issued a $44.00 target price (up from $39.00) on shares of Columbia Sportswear in a report on Wednesday. Finally, Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a research report on Wednesday. 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 given a Sell rating to the stock. According to data from MarketBeat.com, Columbia Sportswear has an average rating of “Hold” and a consensus price target of $60.50.

Columbia Sportswear Price Performance

Shares of COLM opened at $63.07 on Monday. The company has a 50-day moving average of $55.66 and a 200 day moving average of $54.21. Columbia Sportswear Company has a 1-year low of $47.47 and a 1-year high of $92.88. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 19.47 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.03 billion. During the same quarter in the prior year, the firm earned $1.80 earnings per share. Columbia Sportswear’s revenue 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. On average, equities analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

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

Columbia Sportswear Company 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.