Columbia Sportswear Company $COLM Shares Sold by Fuller & Thaler Asset Management Inc.

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. lessened its position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 21.0% in the first quarter, according to the company in its most recent Form 13F filing 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 0.70% of Columbia Sportswear worth $29,278,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Deutsche Bank AG increased its position in Columbia Sportswear by 3.7% during the fourth quarter. Deutsche Bank AG now owns 3,911 shares of the textile maker's stock valued at $328,000 after acquiring an additional 141 shares during the last quarter. Federated Hermes Inc. increased its position in Columbia Sportswear by 4.8% during the first quarter. Federated Hermes Inc. now owns 5,241 shares of the textile maker's stock valued at $397,000 after acquiring an additional 241 shares during the last quarter. Procyon Advisors LLC grew its holdings in Columbia Sportswear by 8.3% during the first quarter. Procyon Advisors LLC now owns 3,605 shares of the textile maker's stock valued at $273,000 after purchasing an additional 276 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Columbia Sportswear by 0.4% in the first quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker's stock worth $5,587,000 after acquiring an additional 324 shares during the period. Finally, GHP Investment Advisors Inc. boosted its stake in shares of Columbia Sportswear by 1.3% in the first quarter. GHP Investment Advisors Inc. now owns 27,581 shares of the textile maker's stock worth $2,088,000 after acquiring an additional 360 shares during the period. Hedge funds and other institutional investors own 47.76% of the company's stock.

Columbia Sportswear Stock Performance

COLM stock traded up $2.96 during midday trading on Friday, reaching $56.52. 653,556 shares of the company traded hands, compared to its average volume of 783,228. Columbia Sportswear Company has a 52-week low of $48.10 and a 52-week high of $92.88. The business has a 50 day moving average of $58.28 and a 200-day moving average of $67.22. The firm has a market capitalization of $3.10 billion, a price-to-earnings ratio of 14.42 and a beta of 1.00.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.09. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The business had revenue of $605.25 million for the quarter, compared to the consensus estimate of $587.97 million. During the same period in the prior year, the business posted ($0.20) earnings per share. The company's quarterly revenue 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. Research analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on COLM shares. Cfra Research raised Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. UBS Group dropped their price objective on Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research note on Friday, August 1st. Stifel Nicolaus dropped their price target on Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research note on Friday, August 1st. Barclays dropped their price target on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Finally, Needham & Company LLC began coverage on Columbia Sportswear in a research note on Friday, May 30th. They set a "hold" rating for the company. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Columbia Sportswear presently has an average rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Company 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.