Rhumbline Advisers Reduces Holdings in Columbia Sportswear Company $COLM

Rhumbline Advisers trimmed its stake in shares of Columbia Sportswear Company (NASDAQ:COLM) by 18.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,320 shares of the textile maker’s stock after selling 25,078 shares during the quarter. Rhumbline Advisers owned approximately 0.20% of Columbia Sportswear worth $5,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of COLM. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Columbia Sportswear in the third quarter worth $449,000. CWM LLC grew its holdings in Columbia Sportswear by 1,362.1% in the 3rd quarter. CWM LLC now owns 21,770 shares of the textile maker’s stock worth $1,139,000 after acquiring an additional 20,281 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in Columbia Sportswear by 87.6% in the 3rd quarter. Allianz Asset Management GmbH now owns 231,198 shares of the textile maker’s stock worth $12,092,000 after acquiring an additional 107,943 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Columbia Sportswear in the second quarter valued at about $2,307,000. Finally, Illinois Municipal Retirement Fund raised its stake in shares of Columbia Sportswear by 92.8% during the second quarter. Illinois Municipal Retirement Fund now owns 58,941 shares of the textile maker’s stock valued at $3,600,000 after acquiring an additional 28,364 shares during the last quarter. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Stock Up 2.6%

COLM opened at $64.23 on Monday. Columbia Sportswear Company has a 52 week low of $47.47 and a 52 week high of $92.88. The stock has a market cap of $3.46 billion, a PE ratio of 19.82 and a beta of 0.91. The business has a 50 day moving average of $57.22 and a 200-day moving average of $54.70.

Columbia Sportswear (NASDAQ:COLM) last posted 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. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities analysts anticipate that Columbia Sportswear Company will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

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

Analyst Ratings Changes

Several analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday, December 29th. Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Stifel Nicolaus upped their target price on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. UBS Group reaffirmed a “sell” rating and issued a $44.00 price target (up previously from $39.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $63.00 price objective on shares of Columbia Sportswear in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Columbia Sportswear presently has a consensus rating of “Hold” and a consensus price target 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.