Fuller & Thaler Asset Management Inc. Reduces Position in Columbia Sportswear Company $COLM

Key Points

• Fuller & Thaler Asset Management Inc. has reduced its stake in Columbia Sportswear by 21% by selling 102,812 shares, now holding 386,817 shares valued at approximately $29 million.
• Recent analyst ratings reflect a downward trend, with Barclays lowering its price target from $62 to $51 and multiple firms issuing new ratings ranging from "buy" to "sell."
• Columbia Sportswear reported a 6.1% increase in year-over-year revenue for the quarter, achieving $605.25 million, and has announced a quarterly dividend of $0.30 per share.

Fuller & Thaler Asset Management Inc. trimmed its position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 21.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 386,817 shares of the textile maker's stock after selling 102,812 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.70% of Columbia Sportswear worth $29,278,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Deutsche Bank AG raised its position in Columbia Sportswear by 3.7% during the 4th quarter. Deutsche Bank AG now owns 3,911 shares of the textile maker's stock worth $328,000 after buying an additional 141 shares during the last quarter. Federated Hermes Inc. raised its position in Columbia Sportswear by 4.8% during the 1st quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker's stock worth $397,000 after buying an additional 241 shares during the last quarter. Procyon Advisors LLC raised its position in Columbia Sportswear by 8.3% during the 1st quarter. Procyon Advisors LLC now owns 3,605 shares of the textile maker's stock worth $273,000 after buying an additional 276 shares during the last quarter. Principal Financial Group Inc. raised its position in Columbia Sportswear by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker's stock worth $5,587,000 after buying an additional 324 shares during the last quarter. Finally, GHP Investment Advisors Inc. raised its position in Columbia Sportswear by 1.3% during the 1st quarter. GHP Investment Advisors Inc. now owns 27,581 shares of the textile maker's stock worth $2,088,000 after buying an additional 360 shares during the last quarter. 47.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on COLM. UBS Group reduced their price target 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. Needham & Company LLC initiated coverage on shares of Columbia Sportswear in a report on Friday, May 30th. They set a "hold" rating for the company. Stifel Nicolaus cut their target price on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a report on Friday, August 1st. Barclays cut their target price on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Finally, Citigroup cut their target price on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, August 1st. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $60.80.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM traded down $0.8710 during trading on Monday, reaching $55.6490. The stock had a trading volume of 112,297 shares, compared to its average volume of 766,843. Columbia Sportswear Company has a 1-year low of $48.10 and a 1-year high of $92.88. The stock has a market cap of $3.05 billion, a PE ratio of 14.21 and a beta of 1.00. The business has a fifty day moving average price of $58.28 and a 200-day moving average price of $67.13.

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 analysts' consensus estimates of ($0.28) by $0.09. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The business had revenue of $605.25 million during the quarter, compared to analyst estimates of $587.97 million. During the same quarter in the prior year, the firm earned ($0.20) earnings per share. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. Sell-side analysts expect 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 issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear's dividend payout ratio is presently 30.61%.

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.