Columbia Sportswear (NASDAQ:COLM) Sets New 1-Year High - Should You Buy?

Key Points

• Columbia Sportswear shares hit a new 52-week high, trading as high as $68.11 amid elevated volume, well above its recent closing price of $65.81.
• Recent analyst sentiment is mixed: while UBS kept a sell rating and the consensus remains Hold, BTIG raised its target to $80 and Zacks upgraded the stock to strong-buy.
• The company recently beat quarterly expectations, posting $0.65 EPS versus $0.35 expected and revenue of $779.01 million, while also announcing a quarterly dividend of $0.30 per share.

Shares of Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $68.11 and last traded at $67.5580, with a volume of 183721 shares. The stock had previously closed at $65.81.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on COLM shares. UBS Group restated a "sell" rating and set a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Robert W. Baird set a $63.00 price objective on Columbia Sportswear in a report on Wednesday, February 4th. BTIG Research raised their price objective on Columbia Sportswear from $75.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, May 1st. Zacks Research upgraded Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 19th. Finally, Citigroup reaffirmed a "neutral" rating and issued a $67.00 target price (up from $65.00) on shares of Columbia Sportswear in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $62.67.

Columbia Sportswear Price Performance

The firm has a 50-day simple moving average of $58.58 and a 200 day simple moving average of $57.19. The company has a market capitalization of $3.42 billion, a PE ratio of 21.30 and a beta of 0.91.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.35 by $0.30. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The company had revenue of $779.01 million for the quarter, compared to analyst estimates of $758.26 million. During the same period last year, the company posted $0.75 earnings per share. The firm's revenue was up .1% compared to the same quarter last year. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460--0.370 EPS. Equities research analysts expect that Columbia Sportswear Company will post 3.88 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 annualized dividend and a yield of 1.8%. Columbia Sportswear's dividend payout ratio (DPR) is 38.22%.

Insider Buying and Selling

In other Columbia Sportswear news, Director Sabrina Simmons sold 1,329 shares of the firm's stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $61.24, for a total value of $81,387.96. Following the transaction, the director directly owned 8,260 shares of the company's stock, valued at $505,842.40. This trade represents a 13.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 51.90% of the stock is owned by company insiders.

Institutional Trading of Columbia Sportswear

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in shares of Columbia Sportswear by 195.4% during the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker's stock worth $25,000 after acquiring an additional 297 shares during the last quarter. Fifth Third Bancorp increased its position 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 worth $27,000 after acquiring an additional 441 shares during the last quarter. Allworth Financial LP increased its position in shares of Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker's stock worth $29,000 after acquiring an additional 483 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Columbia Sportswear by 208.3% during the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker's stock worth $42,000 after acquiring an additional 375 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker's stock worth $30,000 after acquiring an additional 415 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.

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.

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