Columbia Sportswear Company $COLM Shares Sold by Invesco Ltd.

Key Points

• Invesco Ltd. significantly reduced its stake in Columbia Sportswear Company by 79.1%, selling 419,848 shares and owning only 110,752 shares post-sale.
• Columbia Sportswear recently reported earnings of ($0.19) per share, exceeding analysts' expectations, with quarterly revenue of $605.25 million, a 6.1% year-over-year increase.
• The company announced a quarterly dividend of $0.30 per share, translating to an annualized yield of 2.2%, and plans to issue the dividend on September 4th to shareholders of record.

Invesco Ltd. reduced its stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 79.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,752 shares of the textile maker's stock after selling 419,848 shares during the quarter. Invesco Ltd. owned about 0.20% of Columbia Sportswear worth $8,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC boosted its holdings in shares of Columbia Sportswear by 32.8% during the 1st quarter. Headlands Technologies LLC now owns 21,720 shares of the textile maker's stock worth $1,644,000 after buying an additional 5,359 shares in the last quarter. Deutsche Bank AG raised its position in shares of Columbia Sportswear by 449.1% during the first quarter. Deutsche Bank AG now owns 21,477 shares of the textile maker's stock worth $1,626,000 after purchasing an additional 17,566 shares during the period. Ontario Teachers Pension Plan Board raised its position in Columbia Sportswear by 51.0% in the 1st quarter. Ontario Teachers Pension Plan Board now owns 44,363 shares of the textile maker's stock valued at $3,358,000 after buying an additional 14,992 shares during the last quarter. US Bancorp DE raised its position in Columbia Sportswear by 35.2% in the 1st quarter. US Bancorp DE now owns 2,569 shares of the textile maker's stock valued at $194,000 after buying an additional 669 shares during the last quarter. Finally, Bayforest Capital Ltd raised its position in Columbia Sportswear by 1,133.6% in the 1st quarter. Bayforest Capital Ltd now owns 7,377 shares of the textile maker's stock valued at $558,000 after buying an additional 6,779 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Columbia Sportswear Stock Up 1.2%

NASDAQ:COLM traded up $0.68 on Friday, hitting $55.72. The stock had a trading volume of 865,134 shares, compared to its average volume of 783,147. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 14.21 and a beta of 1.00. The business's 50-day simple moving average is $57.75 and its two-hundred day simple moving average is $66.48. Columbia Sportswear Company has a 52-week low of $48.10 and a 52-week high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The textile maker reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.28) by $0.09. The firm had revenue of $605.25 million for the quarter, compared to the consensus estimate of $587.97 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.20) earnings per share. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Columbia Sportswear Company will post 4.1 EPS for the current year.

Columbia Sportswear Announces Dividend

The business 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 $0.30 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear's payout ratio is 30.61%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Barclays decreased their target price on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research report on Friday, August 1st. Cfra Research raised Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. UBS Group decreased their price objective on Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a report on Friday, August 1st. Stifel Nicolaus cut their target price 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. Finally, Needham & Company LLC initiated coverage on Columbia Sportswear in a research report on Friday, May 30th. They issued a "hold" rating for the company. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $60.80.

About Columbia Sportswear

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.