Bayforest Capital Ltd Boosts Holdings in Columbia Sportswear Company $COLM

Key Points

• Bayforest Capital Ltd significantly increased its stake in Columbia Sportswear by acquiring an additional 6,779 shares, raising its share ownership by 1,133.6% during the first quarter, now owning a total of 7,377 shares valued at $558,000.
• Several institutional investors, including Deutsche Bank AG and GAMMA Investing LLC, also made notable increases to their positions in Columbia Sportswear, with GAMMA investing as much as $3,970,000 for 52,453 shares.
• Columbia Sportswear's recent quarterly earnings surpassed expectations, reporting an EPS of ($0.19) against a consensus estimate of ($0.28), while projecting a full-year guidance of 4.1 EPS.

Bayforest Capital Ltd boosted its holdings in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 1,133.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,377 shares of the textile maker's stock after purchasing an additional 6,779 shares during the quarter. Bayforest Capital Ltd's holdings in Columbia Sportswear were worth $558,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of COLM. BNP Paribas Financial Markets grew its holdings in Columbia Sportswear by 38.3% in the fourth quarter. BNP Paribas Financial Markets now owns 49,347 shares of the textile maker's stock worth $4,142,000 after purchasing an additional 13,676 shares during the period. Baird Financial Group Inc. lifted its position in Columbia Sportswear by 144.2% during the fourth quarter. Baird Financial Group Inc. now owns 2,767 shares of the textile maker's stock valued at $232,000 after purchasing an additional 1,634 shares during the period. Cetera Investment Advisers bought a new position in Columbia Sportswear during the fourth quarter valued at approximately $214,000. Deutsche Bank AG lifted its position in Columbia Sportswear by 3.7% during the fourth quarter. Deutsche Bank AG now owns 3,911 shares of the textile maker's stock valued at $328,000 after purchasing an additional 141 shares during the period. Finally, Janus Henderson Group PLC lifted its position in Columbia Sportswear by 10.5% during the fourth quarter. Janus Henderson Group PLC now owns 15,832 shares of the textile maker's stock valued at $1,329,000 after purchasing an additional 1,500 shares during the period. Hedge funds and other institutional investors own 47.76% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Needham & Company LLC began coverage on shares of Columbia Sportswear in a report on Friday, May 30th. They set a "hold" rating for the company. Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. UBS Group reduced their price target on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating on the stock in a report on Friday, August 1st. Stifel Nicolaus reduced their price target on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating on the stock in a report on Friday, August 1st. Finally, Barclays reduced their price target on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating on the stock in a report on Friday, August 1st. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Columbia Sportswear presently has an average rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Stock Down 0.2%

NASDAQ:COLM traded down $0.13 during mid-day trading on Monday, hitting $54.48. 191,325 shares of the stock traded hands, compared to its average volume of 764,606. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 13.86 and a beta of 0.96. Columbia Sportswear Company has a 52 week low of $48.10 and a 52 week high of $92.88. The firm's 50 day moving average is $56.53 and its two-hundred day moving average is $63.94.

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

Columbia Sportswear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, August 21st. Columbia Sportswear's dividend payout ratio (DPR) is presently 30.61%.

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.