Trexquant Investment LP Buys New Stake in Columbia Sportswear Company $COLM

Key Points

• Trexquant Investment LP has acquired 143,133 shares of Columbia Sportswear Company, approximately valued at $10.8 million, representing about 0.26% of the company.
• Several other institutional investors have significantly increased their stakes in Columbia Sportswear, with the State of Alaska Department of Revenue and Deutsche Bank AG raising their holdings by 287.2% and 449.1%, respectively.
• Columbia Sportswear recently declared a quarterly dividend of $0.30 per share, yielding an annualized dividend of $1.20 with a payout ratio of 30.61%.

Trexquant Investment LP bought a new stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 143,133 shares of the textile maker's stock, valued at approximately $10,834,000. Trexquant Investment LP owned about 0.26% of Columbia Sportswear at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Columbia Sportswear during the fourth quarter worth about $1,904,000. Mariner LLC increased its stake in Columbia Sportswear by 24.7% during the fourth quarter. Mariner LLC now owns 5,014 shares of the textile maker's stock worth $421,000 after acquiring an additional 992 shares during the last quarter. Marshall Wace LLP acquired a new stake in Columbia Sportswear during the fourth quarter worth about $598,000. Northern Trust Corp increased its stake in Columbia Sportswear by 19.2% during the fourth quarter. Northern Trust Corp now owns 379,016 shares of the textile maker's stock worth $31,811,000 after acquiring an additional 61,088 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Columbia Sportswear by 11.2% during the fourth quarter. AQR Capital Management LLC now owns 276,992 shares of the textile maker's stock worth $23,248,000 after acquiring an additional 27,852 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Stock Performance

Shares of Columbia Sportswear stock traded up $0.30 on Wednesday, reaching $56.67. 563,618 shares of the company were exchanged, compared to its average volume of 768,312. The company's 50-day moving average is $57.57 and its two-hundred day moving average is $66.01. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 14.46 and a beta of 0.96. Columbia Sportswear Company has a 1-year low of $48.10 and a 1-year high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.09. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The business had revenue of $605.25 million for the quarter, compared to analysts' expectations of $587.97 million. During the same period in the prior year, the firm earned ($0.20) EPS. The business's quarterly revenue was up 6.1% on a year-over-year basis. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast 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 Thursday, September 4th. Investors of record on Thursday, August 21st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, August 21st. Columbia Sportswear's dividend payout ratio (DPR) is currently 30.61%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus decreased their target price on Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Barclays reduced their price target on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Cfra Research raised Columbia Sportswear to a "hold" rating in a report on Monday, August 4th. Citigroup reduced their target price on Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, August 1st. Finally, UBS Group reduced their target price on Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating on the stock in a report on Friday, August 1st. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Columbia Sportswear has a consensus rating of "Hold" and an average target price 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.