AlphaQuest LLC Purchases Shares of 11,459 Columbia Sportswear Company $COLM

Key Points

• AlphaQuest LLC has acquired 11,459 shares of Columbia Sportswear Company, valued at approximately $867,000, indicating growing institutional interest in the stock.
• Recent analysis from various research firms shows a consensus rating of "Hold" for Columbia Sportswear, with an average price target of $60.80.
• Columbia Sportswear reported a quarterly earnings surprise, posting earnings of ($0.19) per share, exceeding analyst expectations and showing revenue growth of 6.1% year-over-year.

AlphaQuest LLC acquired a new stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,459 shares of the textile maker's stock, valued at approximately $867,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Deutsche Bank AG increased its stake in Columbia Sportswear by 3.7% in the 4th quarter. Deutsche Bank AG now owns 3,911 shares of the textile maker's stock valued at $328,000 after buying an additional 141 shares during the last quarter. Federated Hermes Inc. increased its stake in Columbia Sportswear by 4.8% in the 1st quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker's stock valued at $397,000 after buying an additional 241 shares during the last quarter. Procyon Advisors LLC increased its stake in Columbia Sportswear by 8.3% in the 1st quarter. Procyon Advisors LLC now owns 3,605 shares of the textile maker's stock valued at $273,000 after buying an additional 276 shares during the last quarter. Principal Financial Group Inc. increased its stake in Columbia Sportswear by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker's stock valued at $5,587,000 after buying an additional 324 shares during the last quarter. Finally, GHP Investment Advisors Inc. increased its stake in Columbia Sportswear by 1.3% in the 1st quarter. GHP Investment Advisors Inc. now owns 27,581 shares of the textile maker's stock valued at $2,088,000 after buying an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company's stock.

Columbia Sportswear Stock Up 1.2%

COLM traded up $0.68 on Friday, hitting $55.72. The company's stock had a trading volume of 865,134 shares, compared to its average volume of 783,147. The company's 50 day simple moving average is $57.75 and its 200-day simple moving average is $66.39. The firm has a market cap of $3.05 billion, a P/E ratio of 14.21 and a beta of 1.00. Columbia Sportswear Company has a 12 month low of $48.10 and a 12 month high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The textile maker reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.28) by $0.09. The company had revenue of $605.25 million during the quarter, compared to the consensus estimate of $587.97 million. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. Columbia Sportswear's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the firm earned ($0.20) EPS. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. Equities analysts predict that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 21st. Columbia Sportswear's dividend payout ratio (DPR) is presently 30.61%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus decreased their price target on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Citigroup decreased their price target on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a research note on Friday, August 1st. Barclays decreased their price target on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. Finally, Needham & Company LLC assumed coverage on shares of Columbia Sportswear in a research note on Friday, May 30th. They set a "hold" rating for the company. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.