Allspring Global Investments Holdings LLC Acquires New Shares in Columbia Sportswear Company $COLM

Allspring Global Investments Holdings LLC acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 34,272 shares of the textile maker’s stock, valued at approximately $1,920,000. Allspring Global Investments Holdings LLC owned approximately 0.06% of Columbia Sportswear as of its most recent SEC filing.

Several other large investors have also bought and sold shares of COLM. JPMorgan Chase & Co. boosted its stake in Columbia Sportswear by 215.0% in the third quarter. JPMorgan Chase & Co. now owns 1,083,624 shares of the textile maker’s stock valued at $56,674,000 after buying an additional 739,584 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Columbia Sportswear by 82.9% during the third quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after purchasing an additional 439,913 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Columbia Sportswear by 231.7% during 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 in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Columbia Sportswear during the second quarter valued at about $12,238,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Columbia Sportswear by 11.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock valued at $95,457,000 after purchasing an additional 189,939 shares in the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on COLM. Stifel Nicolaus lifted their price target on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Zacks Research raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. UBS Group reissued a “sell” rating and set a $44.00 price target (up from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, Citigroup reissued a “neutral” rating and set a $62.00 price target (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Columbia Sportswear presently has an average rating of “Hold” and an average target price of $60.50.

Columbia Sportswear Price Performance

Shares of COLM opened at $57.88 on Thursday. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $71.68. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 17.86 and a beta of 0.89. The business has a 50-day moving average of $58.42 and a 200-day moving average of $55.30.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the company earned $1.80 earnings per share. The firm’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. As a group, sell-side analysts anticipate that Columbia Sportswear Company will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Monday, March 9th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, March 9th. Columbia Sportswear’s payout ratio is presently 37.04%.

About Columbia Sportswear

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.