Landscape Capital Management L.L.C. Increases Stock Position 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. raised its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 447.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,172 shares of the textile maker's stock after acquiring an additional 39,380 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.09% of Columbia Sportswear worth $3,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Redwood Investment Management LLC purchased a new position in shares of Columbia Sportswear during the 1st quarter worth $1,306,000. AlphaQuest LLC purchased a new position in shares of Columbia Sportswear during the 1st quarter valued at $867,000. Capital Fund Management S.A. lifted its stake in shares of Columbia Sportswear by 114.1% during the 1st quarter. Capital Fund Management S.A. now owns 61,064 shares of the textile maker's stock valued at $4,622,000 after buying an additional 32,546 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Columbia Sportswear by 12.7% during the 1st quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker's stock valued at $75,464,000 after buying an additional 112,282 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Columbia Sportswear by 1,943.2% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker's stock valued at $68,000 after buying an additional 855 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company's stock.

Analyst Upgrades and Downgrades

COLM has been the topic of a number of analyst reports. Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. Barclays decreased their price target on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. UBS Group decreased their price target on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating on the stock in a research note on Friday, August 1st. Stifel Nicolaus decreased their price target on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating on the stock in a research note on Friday, August 1st. Finally, Citigroup decreased their price target on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating on the stock in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $60.80.

Columbia Sportswear Price Performance

COLM stock traded up $0.59 during mid-day trading on Tuesday, reaching $56.31. The company had a trading volume of 314,238 shares, compared to its average volume of 765,840. The company has a market capitalization of $3.08 billion, a PE ratio of 14.37 and a beta of 0.96. The firm has a 50 day moving average of $57.66 and a 200 day moving average of $66.08. Columbia Sportswear Company has a 12 month low of $48.10 and a 12 month high of $92.88.

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

Columbia Sportswear Dividend Announcement

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

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.