Columbia Sportswear Company (NASDAQ:COLM) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• Columbia Sportswear carries a consensus “Hold” rating from six analysts: one sell, three holds and two buys. The average 12-month price target is $65.40.
• Institutional investors own 47.76% of the company, with BlackRock initiating an approximately $152.2 million position and Dimensional Fund Advisors increasing its stake by 15.7%.
• The company exceeded quarterly expectations with $0.52 in EPS and $614.36 million in revenue, while paying a quarterly dividend of $0.30, equivalent to a 2.0% annual yield.

Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) has been assigned a consensus recommendation of "Hold" from the six ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $65.40.

A number of equities research analysts have weighed in on COLM shares. Wall Street Zen lowered shares of Columbia Sportswear from a "strong-buy" rating to a "buy" rating in a research note on Sunday, October 11th. Citigroup reissued a "neutral" rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Zacks Research downgraded Columbia Sportswear from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 20th. BTIG Research reaffirmed a "buy" rating and issued a $80.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Finally, Weiss Ratings raised Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a report on Monday, August 17th.

Institutional Investors Weigh In On Columbia Sportswear

A number of large investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Columbia Sportswear in the 2nd quarter worth approximately $152,164,000. Dimensional Fund Advisors LP grew its position in Columbia Sportswear by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker's stock valued at $121,824,000 after buying an additional 301,277 shares during the period. Deprince Race & Zollo Inc. bought a new stake in Columbia Sportswear during the first quarter valued at approximately $27,407,000. Bank of New York Mellon Corp purchased a new stake in Columbia Sportswear during the second quarter valued at approximately $16,691,000. Finally, Quantinno Capital Management LP increased its holdings in Columbia Sportswear by 7.6% during the first quarter. Quantinno Capital Management LP now owns 292,953 shares of the textile maker's stock valued at $16,057,000 after buying an additional 20,797 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Stock Up 5.4%

Shares of NASDAQ COLM opened at $60.82 on Friday. The firm's 50-day moving average price is $57.57 and its 200-day moving average price is $60.33. The company has a market cap of $3.11 billion, a PE ratio of 15.80 and a beta of 0.93. Columbia Sportswear has a 52-week low of $47.47 and a 52-week high of $69.06.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, topping analysts' consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The firm had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. During the same period in the previous year, the business posted ($0.19) earnings per share. The business's revenue for the quarter was up 1.5% on a year-over-year basis. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. As a group, equities research analysts anticipate that Columbia Sportswear will post 3.55 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.0%. Columbia Sportswear's dividend payout ratio is currently 31.17%.

Columbia Sportswear Company Profile

Columbia Sportswear Company is a global outdoor and active-lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Its product portfolio is designed for activities including hiking, skiing, snowboarding, trail use and other outdoor pursuits, while also serving everyday casual and active consumers.

The company markets products under the Columbia, SOREL, Mountain Hardwear and prAna brands. Columbia offers technical and everyday outdoor apparel, footwear and accessories; SOREL focuses primarily on fashion-oriented and performance footwear; Mountain Hardwear specializes in technical outdoor apparel and equipment; and prAna offers clothing associated with yoga, climbing, travel and other active lifestyles.

Columbia Sportswear sells its products through wholesale distributors and retailers, company-operated stores and e-commerce websites.

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