AQR Capital Management LLC Has $23.94 Million Position in Columbia Sportswear Company $COLM

Key Points

• AQR Capital Management LLC increased its stake in Columbia Sportswear by 14.4% in the first quarter, owning approximately 0.57% of the company worth $23.94 million.
• Columbia Sportswear reported better-than-expected earnings, with an EPS of ($0.19) versus analysts' estimates of ($0.28) for the last quarter, and a revenue of $605.25 million, up 6.1% year-over-year.
• The company recently declared a quarterly dividend of $0.30 per share, translating to an annualized yield of 2.2%, with a current payout ratio of 30.61%.

AQR Capital Management LLC grew its stake in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 14.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,857 shares of the textile maker's stock after purchasing an additional 39,865 shares during the quarter. AQR Capital Management LLC owned approximately 0.57% of Columbia Sportswear worth $23,942,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Columbia Sportswear during the first quarter valued at approximately $38,000. Quarry LP bought a new position in shares of Columbia Sportswear during the first quarter valued at approximately $44,000. Whipplewood Advisors LLC grew its holdings in shares of Columbia Sportswear by 12,400.0% during the first quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker's stock valued at $47,000 after purchasing an additional 620 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Columbia Sportswear by 1,943.2% during the first quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker's stock valued at $68,000 after purchasing an additional 855 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Columbia Sportswear during the fourth quarter valued at approximately $76,000. 47.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

COLM has been the subject of several analyst reports. Cfra Research upgraded Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. UBS Group reduced their price objective on Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research report on Friday, August 1st. Barclays reduced their price objective on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research report on Friday, August 1st. Stifel Nicolaus reduced their price objective 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. Finally, Needham & Company LLC initiated coverage on Columbia Sportswear in a research report on Friday, May 30th. They set a "hold" rating for the company. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $60.80.

Columbia Sportswear Stock Down 1.9%

COLM traded down $1.08 during trading on Friday, reaching $54.61. The stock had a trading volume of 540,535 shares, compared to its average volume of 686,903. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 13.93 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. The stock has a 50 day moving average of $56.53 and a two-hundred day moving average of $64.12.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last released 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 the consensus estimate of $587.97 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The firm'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 firm posted ($0.20) earnings per share. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. On average, research analysts forecast that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. Columbia Sportswear's dividend payout ratio is currently 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.