Fluent Financial LLC Makes New $1.74 Million Investment in Columbia Sportswear Company $COLM

Key Points

• Fluent Financial LLC acquired 28,104 shares of Columbia Sportswear worth approximately $1.74 million during the second quarter, while institutional investors collectively held 47.76% of the company.
• Columbia Sportswear exceeded quarterly expectations, reporting $0.52 in earnings per share versus a $0.39 loss estimate and revenue of $614.36 million, up 1.5% year over year.
• The company declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a 2.1% yield. Analysts maintain a consensus “Hold” rating with a $65.40 target price.

Fluent Financial LLC bought a new stake in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 28,104 shares of the textile maker's stock, valued at approximately $1,737,000. Fluent Financial LLC owned 0.05% of Columbia Sportswear at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. GAMMA Investing LLC raised its stake in shares of Columbia Sportswear by 6.5% during the second quarter. GAMMA Investing LLC now owns 2,656 shares of the textile maker's stock worth $164,000 after buying an additional 162 shares during the last quarter. Cetera Investment Advisers boosted its stake in Columbia Sportswear by 4.3% in the fourth quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker's stock valued at $227,000 after acquiring an additional 168 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in Columbia Sportswear by 4.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker's stock valued at $286,000 after acquiring an additional 200 shares during the last quarter. Bank of Montreal Can boosted its stake in Columbia Sportswear by 3.9% in the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker's stock valued at $293,000 after acquiring an additional 200 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Columbia Sportswear by 43.6% during the 1st quarter. Parallel Advisors LLC now owns 817 shares of the textile maker's stock worth $45,000 after acquiring an additional 248 shares during the period. Institutional investors own 47.76% of the company's stock.

Insider Activity

In other Columbia Sportswear news, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $67.95, for a total value of $281,992.50. Following the completion of the sale, the director directly owned 132,376 shares in the company, valued at $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald E. Nelson sold 4,080 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the sale, the director directly owned 22,789 shares in the company, valued at approximately $1,544,638.42. This represents a 15.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 51.90% of the company's stock.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM opened at $57.36 on Monday. Columbia Sportswear Company has a 52 week low of $47.47 and a 52 week high of $69.06. The company has a market capitalization of $2.93 billion, a PE ratio of 14.90 and a beta of 0.94. The company has a 50 day moving average price of $63.36 and a two-hundred day moving average price of $60.56.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The company had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. During the same period last year, the business posted ($0.19) earnings per share. The business's revenue for the quarter 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. On average, sell-side analysts forecast that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Robert W. Baird set a $65.00 target price on shares of Columbia Sportswear in a research report on Friday, July 31st. Zacks Research lowered Columbia Sportswear from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 20th. Stifel Nicolaus set a $67.00 price objective on Columbia Sportswear and gave the stock a "buy" rating in a research note on Friday, July 31st. BTIG Research reiterated a "buy" rating and issued a $80.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Finally, Wall Street Zen raised Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a research note on Saturday. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $65.40.

Columbia Sportswear Company 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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