Empowered Funds LLC Acquires Shares of 29,766 Columbia Sportswear Company $COLM

Key Points

• Empowered Funds LLC acquired 29,766 Columbia Sportswear shares valued at approximately $1.84 million, giving it a 0.06% stake. Institutional investors and hedge funds collectively own 47.76% of the company.
• Columbia Sportswear reported quarterly revenue of $614.36 million and adjusted earnings of $0.52 per share, surpassing analyst expectations; revenue increased 1.5% year over year. The company issued guidance of $4.45–$4.90 in fiscal 2026 EPS.
• The company maintains a quarterly dividend of $0.30 per share, equivalent to a 2.1% yield. Analysts have a consensus “Hold” rating and an average price target of $65.40, compared with the stock’s recent price of $57.79.

Empowered Funds LLC acquired a new position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 29,766 shares of the textile maker's stock, valued at approximately $1,840,000. Empowered Funds LLC owned approximately 0.06% of Columbia Sportswear at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Fluent Financial LLC acquired a new position in Columbia Sportswear during the second quarter worth $1,737,000. Deprince Race & Zollo Inc. acquired a new stake in shares of Columbia Sportswear in the first quarter worth about $27,407,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Columbia Sportswear by 388,140.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 163,061 shares of the textile maker's stock worth $9,179,000 after buying an additional 163,019 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Columbia Sportswear by 51.9% during the 1st quarter. Bessemer Group Inc. now owns 87,764 shares of the textile maker's stock worth $4,810,000 after acquiring an additional 29,974 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new stake in shares of Columbia Sportswear during the 4th quarter worth about $2,826,000. Institutional investors and hedge funds own 47.76% of the company's stock.

Columbia Sportswear Stock Up 1.6%

COLM opened at $57.79 on Friday. The stock's 50 day moving average price is $60.54 and its two-hundred day moving average price is $60.59. The firm has a market capitalization of $2.96 billion, a P/E ratio of 15.01 and a beta of 0.94. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month 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, topping analysts' consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The company had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. During the same period in the previous year, the company earned ($0.19) earnings per share. The company's quarterly revenue was up 1.5% compared to the same quarter last year. 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 3.58 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.1%. The ex-dividend date was Thursday, August 20th. Columbia Sportswear's dividend payout ratio is presently 31.17%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on COLM shares. Weiss Ratings raised Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a research note on Monday, August 17th. Zacks Research cut Columbia Sportswear from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 20th. 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. Stifel Nicolaus set a $67.00 price target on shares of Columbia Sportswear and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Citigroup restated a "neutral" rating and issued a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Columbia Sportswear has a consensus rating of "Hold" and an average target price of $65.40.

Columbia Sportswear Profile

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

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