American Century Companies Inc. Acquires 112,282 Shares of Columbia Sportswear Company $COLM

Key Points

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American Century Companies Inc. increased its stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 12.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 997,013 shares of the textile maker's stock after purchasing an additional 112,282 shares during the period. American Century Companies Inc. owned 1.81% of Columbia Sportswear worth $75,464,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in Columbia Sportswear in the 1st quarter worth approximately $38,000. Whipplewood Advisors LLC raised its position in Columbia Sportswear by 12,400.0% in the 1st quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker's stock worth $47,000 after purchasing an additional 620 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in Columbia Sportswear by 1,943.2% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker's stock worth $68,000 after purchasing an additional 855 shares during the last quarter. Lazard Asset Management LLC bought a new position in Columbia Sportswear in the 4th quarter worth approximately $76,000. Finally, Kapitalo Investimentos Ltda bought a new position in Columbia Sportswear in the 4th quarter worth approximately $139,000. Institutional investors own 47.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Barclays lowered their target price on shares of 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 shares of Columbia Sportswear to a "hold" rating in a report on Monday, August 4th. Citigroup lowered their target price on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, August 1st. Stifel Nicolaus lowered their target price on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a report on Friday, August 1st. Finally, Needham & Company LLC assumed coverage on shares of Columbia Sportswear in a report on Friday, May 30th. They set a "hold" rating for the company. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Columbia Sportswear presently has an average rating of "Hold" and an average target price of $60.80.

Columbia Sportswear Trading Up 5.5%

Shares of COLM stock traded up $2.96 on Friday, hitting $56.52. The stock had a trading volume of 653,556 shares, compared to its average volume of 783,228. The firm has a market cap of $3.10 billion, a P/E ratio of 14.42 and a beta of 1.00. Columbia Sportswear Company has a twelve month low of $48.10 and a twelve month high of $92.88. The company has a fifty day moving average price of $58.28 and a two-hundred day moving average price of $67.31.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its 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. The firm had revenue of $605.25 million during the quarter, compared to analyst estimates of $587.97 million. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.20) EPS. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. On average, analysts expect that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Columbia Sportswear's dividend payout ratio is presently 30.61%.

Columbia Sportswear Company 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.