Columbia Sportswear Company $COLM Shares Acquired by Boston Trust Walden Corp

Key Points

• Boston Trust Walden Corp increased its ownership in Columbia Sportswear by 0.5%, now holding over 1.19 million shares valued at approximately $73.2 million.
• Columbia Sportswear reported earnings of ($0.19) per share, surpassing expectations, with a revenue of $605.25 million, reflecting a 6.1% increase year-over-year.
• The company recently declared a quarterly dividend of $0.30 per share, with a dividend yield of 2.4% and a payout ratio of 30.61%.

Boston Trust Walden Corp grew its stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,198,524 shares of the textile maker's stock after buying an additional 5,491 shares during the period. Boston Trust Walden Corp owned 2.17% of Columbia Sportswear worth $73,206,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in COLM. Jacobs Levy Equity Management Inc. purchased a new stake in Columbia Sportswear during the 1st quarter valued at approximately $39,222,000. Massachusetts Financial Services Co. MA purchased a new stake in Columbia Sportswear during the 1st quarter valued at approximately $15,099,000. Trexquant Investment LP purchased a new stake in Columbia Sportswear during the 1st quarter valued at approximately $10,834,000. American Century Companies Inc. raised its stake in Columbia Sportswear by 12.7% during the 1st quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker's stock valued at $75,464,000 after acquiring an additional 112,282 shares during the last quarter. Finally, Gotham Asset Management LLC raised its stake in Columbia Sportswear by 175.1% during the 1st quarter. Gotham Asset Management LLC now owns 176,163 shares of the textile maker's stock valued at $13,334,000 after acquiring an additional 112,127 shares during the last quarter. Hedge funds and other institutional investors own 47.76% of the company's stock.

Columbia Sportswear Stock Up 3.6%

Shares of NASDAQ COLM opened at $50.72 on Tuesday. Columbia Sportswear Company has a 52 week low of $48.10 and a 52 week high of $92.88. The firm has a 50-day moving average price of $53.57 and a 200 day moving average price of $59.93. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 12.94 and a beta of 0.98.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.28) by $0.09. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The firm had revenue of $605.25 million during the quarter, compared to the consensus estimate of $587.97 million. During the same period last year, the firm posted ($0.20) EPS. The firm's revenue for the quarter 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. Equities research analysts expect that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were given 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 2.4%. Columbia Sportswear's dividend payout ratio (DPR) is currently 30.61%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Barclays cut their price objective on shares of 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 cut their price objective on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research report on Friday, August 1st. Zacks Research downgraded shares of Columbia Sportswear from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 30th. UBS Group cut their price objective on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research report on Friday, August 1st. Finally, Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Columbia Sportswear currently has an average rating of "Reduce" 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.

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