Landscape Capital Management L.L.C. Boosts Stock Holdings in Columbia Sportswear Company $COLM

Key Points

• Landscape Capital Management L.L.C. increased its stake in Columbia Sportswear by 447.9%, now owning 48,172 shares worth approximately $3.65 million.
• Columbia Sportswear reported an EPS of ($0.19) for the latest quarter, exceeding analysts' expectations and showing a 6.1% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.30 per share, set to be paid on September 4, representing a 2.2% yield.

Landscape Capital Management L.L.C. grew its holdings in Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 447.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,172 shares of the textile maker's stock after acquiring an additional 39,380 shares during the period. Landscape Capital Management L.L.C. owned about 0.09% of Columbia Sportswear worth $3,646,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Columbia Sportswear in the first quarter worth $38,000. Whipplewood Advisors LLC grew its stake in shares of Columbia Sportswear by 12,400.0% in the first quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker's stock worth $47,000 after acquiring an additional 620 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Columbia Sportswear by 1,943.2% during the first quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker's stock worth $68,000 after purchasing an additional 855 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Columbia Sportswear during the fourth quarter worth $76,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of Columbia Sportswear during the fourth quarter worth $139,000. Institutional investors and hedge funds own 47.76% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on COLM shares. Stifel Nicolaus lowered their target price on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research note on Friday, August 1st. UBS Group lowered their target price on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research note on Friday, August 1st. Barclays lowered 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 research note on Friday, August 1st. Needham & Company LLC started coverage on shares of Columbia Sportswear in a research note on Friday, May 30th. They set a "hold" rating for the company. Finally, Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. 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. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $60.80.

Columbia Sportswear Price Performance

Shares of NASDAQ:COLM traded up $0.68 on Monday, reaching $55.72. The company's stock had a trading volume of 865,134 shares, compared to its average volume of 696,159. The stock's 50-day moving average is $57.75 and its two-hundred day moving average is $66.28. Columbia Sportswear Company has a 52-week low of $48.10 and a 52-week high of $92.88. The stock has a market capitalization of $3.05 billion, a P/E ratio of 14.21 and a beta of 0.96.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its earnings results on Thursday, July 31st. The textile maker reported ($0.19) EPS for the quarter, beating 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 analysts' expectations of $587.97 million. During the same period in the prior year, the company earned ($0.20) earnings per share. The business's 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. Equities analysts forecast that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 21st. Columbia Sportswear's dividend payout ratio is currently 30.61%.

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.