Columbia Sportswear Company $COLM Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its stake in Columbia Sportswear Company (NASDAQ:COLM) by 17.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 57,227 shares of the textile maker’s stock after selling 12,094 shares during the quarter. Principal Financial Group Inc. owned 0.10% of Columbia Sportswear worth $2,993,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Invesco Ltd. grew its position in shares of Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after purchasing an additional 256,578 shares during the period. Norges Bank purchased a new position in Columbia Sportswear in the 2nd quarter valued at about $14,669,000. AQR Capital Management LLC boosted its holdings in Columbia Sportswear by 67.5% in the 2nd quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker’s stock worth $32,387,000 after buying an additional 213,905 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Columbia Sportswear in the 2nd quarter worth about $12,238,000. Finally, Qube Research & Technologies Ltd purchased a new stake in Columbia Sportswear during the 2nd quarter worth approximately $7,359,000. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Stock Up 2.3%

Shares of COLM opened at $63.29 on Tuesday. Columbia Sportswear Company has a 52-week low of $47.47 and a 52-week high of $92.88. The stock has a fifty day simple moving average of $56.60 and a two-hundred day simple moving average of $54.35. The company has a market capitalization of $3.41 billion, a PE ratio of 19.53 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLM) last released 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. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. Columbia Sportswear’s revenue was down 2.4% compared to the same quarter last year. During the same period last year, the business earned $1.80 earnings per share. 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. As a group, equities analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Citigroup reaffirmed a “neutral” rating and issued a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. UBS Group reiterated a “sell” rating and issued a $44.00 target price (up from $39.00) on shares of Columbia Sportswear in a research report on Wednesday, February 4th. Finally, BTIG Research reissued a “buy” rating and issued a $75.00 price target on shares of Columbia Sportswear in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $60.50.

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.