Deutsche Bank AG Has $1.63 Million Stake in Columbia Sportswear Company $COLM

Key Points

• Deutsche Bank AG raised its holdings in Columbia Sportswear Company by 449.1% in Q1, owning 21,477 shares valued at approximately $1.63 million.
• Columbia Sportswear reported a Q2 earnings per share of ($0.19), exceeding the estimated loss by $0.09, alongside a revenue of $605.25 million, surpassing analyst predictions.
• The company announced a quarterly dividend of $0.30 per share, with a 2.1% dividend yield, set to be paid on September 4th.

Deutsche Bank AG raised its holdings in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 449.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,477 shares of the textile maker's stock after acquiring an additional 17,566 shares during the period. Deutsche Bank AG's holdings in Columbia Sportswear were worth $1,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COLM. Massachusetts Financial Services Co. MA acquired a new position in Columbia Sportswear in the first quarter valued at about $15,099,000. Millennium Management LLC acquired a new position in shares of Columbia Sportswear during the fourth quarter worth about $9,626,000. Northern Trust Corp boosted its position in shares of Columbia Sportswear by 19.2% during the fourth quarter. Northern Trust Corp now owns 379,016 shares of the textile maker's stock worth $31,811,000 after buying an additional 61,088 shares during the period. GAMMA Investing LLC boosted its position in shares of Columbia Sportswear by 8,642.2% during the first quarter. GAMMA Investing LLC now owns 52,453 shares of the textile maker's stock worth $3,970,000 after buying an additional 51,853 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Columbia Sportswear by 491.8% during the fourth quarter. Jane Street Group LLC now owns 51,248 shares of the textile maker's stock worth $4,301,000 after buying an additional 42,588 shares during the period. 47.76% of the stock is owned by institutional investors and hedge funds.

Columbia Sportswear Stock Performance

COLM opened at $56.52 on Friday. Columbia Sportswear Company has a 52-week low of $48.10 and a 52-week high of $92.88. The firm has a market capitalization of $3.10 billion, a PE ratio of 14.42 and a beta of 1.00. The business's 50-day simple moving average is $58.28 and its 200 day simple moving average is $67.31.

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 (EPS) for the quarter, topping the consensus estimate of ($0.28) by $0.09. The business had revenue of $605.25 million for the quarter, compared to analyst estimates of $587.97 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.Columbia Sportswear's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company 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 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. 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. Needham & Company LLC assumed coverage on Columbia Sportswear in a research report on Friday, May 30th. They set a "hold" rating for the company. 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. Citigroup reduced their price objective on Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a research report on Friday, August 1st. Finally, Cfra Research raised 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 assigned a Hold rating and one has issued 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 $60.80.

About Columbia Sportswear

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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