Hsbc Holdings PLC Takes $1.28 Million Position in Columbia Sportswear Company $COLM

Key Points

• HSBC Holdings acquired 20,847 shares of Columbia Sportswear in the second quarter, worth approximately $1.28 million. Institutional investors collectively own 47.76% of the company, with BlackRock also initiating a sizable position.
• Columbia Sportswear reported quarterly revenue of $614.36 million and adjusted earnings of $0.52 per share, beating analyst expectations; revenue increased 1.5% year over year. The company issued fiscal 2026 EPS guidance of $4.45–$4.90.
• The company paid a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a 2.1% yield. Analysts maintain an average “Hold” rating with a consensus price target of $65.40, compared with a recent share price of $56.92.

Hsbc Holdings PLC bought a new position in Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 20,847 shares of the textile maker's stock, valued at approximately $1,280,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COLM. BlackRock Inc. purchased a new position in Columbia Sportswear during the second quarter valued at $152,164,000. Dimensional Fund Advisors LP boosted its stake in Columbia Sportswear by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker's stock worth $121,824,000 after buying an additional 301,277 shares during the period. AQR Capital Management LLC grew its holdings in Columbia Sportswear by 19.6% during the 4th quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker's stock valued at $63,967,000 after purchasing an additional 190,453 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Columbia Sportswear by 1.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker's stock worth $60,441,000 after buying an additional 13,499 shares during the period. Finally, Deprince Race & Zollo Inc. bought a new stake in shares of Columbia Sportswear during the first quarter worth $27,407,000. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Trading Up 0.9%

Shares of COLM stock opened at $56.92 on Friday. The company has a market capitalization of $2.91 billion, a P/E ratio of 14.78 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. The business's 50 day moving average is $59.83 and its two-hundred day moving average is $60.33.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, beating 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 business had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. During the same quarter last year, the business earned ($0.19) earnings per share. The company'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, research analysts predict that Columbia Sportswear Company will post 3.58 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

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

Analysts Set New Price Targets

A number of analysts recently issued reports on COLM shares. Wall Street Zen lowered Columbia Sportswear from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 5th. Stifel Nicolaus set a $67.00 target price on Columbia Sportswear and gave the company a "buy" rating in a research note on Friday, July 31st. Weiss Ratings raised Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a research report on Monday, August 17th. BTIG Research reissued a "buy" rating and issued a $80.00 price target on shares of Columbia Sportswear in a report on Friday, July 31st. Finally, Robert W. Baird set a $65.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $65.40.

Columbia Sportswear Company Profile

Columbia Sportswear Company is a global apparel, footwear and accessories company based in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown from a regional hat manufacturer into an outdoor and active-lifestyle brand serving consumers through wholesale distribution, company-operated stores and e-commerce channels.

The company designs and sells products for outdoor activities and everyday use, including jackets, shirts, pants, footwear, sportswear, equipment and accessories.

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