Crossmark Global Holdings Inc. Acquires 20,416 Shares of Columbia Sportswear Company $COLM

Key Points

• Crossmark Global Holdings acquired 20,416 shares of Columbia Sportswear worth approximately $1.17 million during the third quarter. Institutional investors collectively own 47.76% of the company.
• Analyst sentiment is mixed, with two Buy, three Hold and one Sell rating; the consensus rating is Hold with a target price of $65.40.
• Columbia Sportswear reported quarterly EPS of $0.52, beating expectations by $0.91, while revenue reached $614.36 million, up 1.5% year over year. The stock opened at $60.82, within its 52-week range of $47.47 to $69.06.

Crossmark Global Holdings Inc. acquired a new position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,416 shares of the textile maker's stock, valued at approximately $1,172,000.

Several other institutional investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC lifted its position in shares of Columbia Sportswear by 84.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,034 shares of the textile maker's stock worth $117,000 after buying an additional 932 shares in the last quarter. Mosley Wealth Management boosted its stake in shares of Columbia Sportswear by 42.9% in the 3rd quarter. Mosley Wealth Management now owns 1,853 shares of the textile maker's stock worth $113,000 after buying an additional 556 shares during the last quarter. Charles Schwab Trust Co bought a new position in shares of Columbia Sportswear in the third quarter valued at approximately $459,000. Sequoia Financial Advisors LLC grew its holdings in shares of Columbia Sportswear by 44.2% in the second quarter. Sequoia Financial Advisors LLC now owns 10,485 shares of the textile maker's stock valued at $648,000 after acquiring an additional 3,212 shares in the last quarter. Finally, Tidal Investments LLC increased its position in shares of Columbia Sportswear by 4.9% during the second quarter. Tidal Investments LLC now owns 15,820 shares of the textile maker's stock valued at $978,000 after acquiring an additional 734 shares during the last quarter. Institutional investors own 47.76% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. BTIG Research reiterated a "buy" rating and set a $80.00 price target on shares of Columbia Sportswear in a report on Friday, July 31st. Weiss Ratings upgraded Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a research note on Monday, August 17th. Robert W. Baird set a $65.00 target price on Columbia Sportswear in a research report on Friday, July 31st. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the stock a "buy" rating in a research note on Friday, July 31st. Finally, Citigroup restated a "neutral" rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $65.40.

Columbia Sportswear Price Performance

NASDAQ:COLM opened at $60.82 on Tuesday. The company has a market capitalization of $3.11 billion, a P/E ratio of 15.80 and a beta of 0.93. The business has a fifty day simple moving average of $58.07 and a two-hundred day simple moving average of $59.60. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $69.06.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, beating analysts' consensus estimates of ($0.39) by $0.91. The firm had revenue of $614.36 million for the quarter, compared to analysts' expectations of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%. The business's revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.19) EPS. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. As a group, analysts anticipate that Columbia Sportswear Company will post 3.55 earnings per share for the current year.

Columbia Sportswear Profile

Columbia Sportswear Company is an outdoor and active lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown into a global outdoor brand focused on products designed for activities such as hiking, skiing, fishing, camping and everyday outdoor use.

The company markets products under the Columbia, Sorel, Mountain Hardwear and prAna brands. Its offerings include jackets, shirts, pants, base layers, footwear, hats, gloves, backpacks and other outdoor accessories.

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