Heartland Advisors Inc. Makes New $1.39 Million Investment in Columbia Sportswear Company $COLM

Heartland Advisors Inc. bought a new stake in Columbia Sportswear Company (NASDAQ:COLM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,655 shares of the textile maker’s stock, valued at approximately $1,394,000.

Other institutional investors have also made changes to their positions in the company. GSA Capital Partners LLP bought a new stake in Columbia Sportswear during the 3rd quarter worth about $1,841,000. Rothschild Investment LLC lifted its position in shares of Columbia Sportswear by 9,060.0% during the third quarter. Rothschild Investment LLC now owns 916 shares of the textile maker’s stock worth $48,000 after purchasing an additional 906 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 441 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 purchasing an additional 739,584 shares in the last quarter. Finally, Murphy Pohlad Asset Management LLC bought a new position in Columbia Sportswear in the 3rd quarter worth approximately $602,000. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Price Performance

Shares of COLM stock opened at $64.01 on Wednesday. The stock has a market cap of $3.45 billion, a PE ratio of 19.76 and a beta of 0.91. The stock has a 50-day moving average of $56.81 and a 200-day moving average of $54.45. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $92.88.

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, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the company earned $1.80 earnings per share. The business’s revenue for the quarter was down 2.4% on a year-over-year basis. 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, research analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

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 issued a dividend of $0.30 per share. The ex-dividend date is Monday, March 9th. This represents a $1.20 annualized dividend and a yield of 1.9%. Columbia Sportswear’s payout ratio is currently 37.04%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. BTIG Research reissued a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a research note on Friday, January 30th. Robert W. Baird set a $63.00 price objective on Columbia Sportswear in a research report on Wednesday, February 4th. Citigroup reissued a “neutral” rating and set a $62.00 price objective (up from $55.00) on shares of Columbia Sportswear in a report on Wednesday, February 4th. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Columbia Sportswear presently has an average rating of “Hold” and a consensus target price of $60.50.

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.