Quantbot Technologies LP Has $1.48 Million Stock Holdings in Columbia Sportswear Company $COLM

Key Points

• Quantbot Technologies LP reduced its holdings in Columbia Sportswear by 55.1%, now holding 19,596 shares valued at approximately $1.48 million.
• Several institutional investors, including Massachusetts Financial Services Co. and Russell Investments Group, have made significant changes to their positions in Columbia Sportswear, indicating increased interest in the company.
• Columbia Sportswear reported earnings that exceeded expectations for the last quarter and announced a quarterly dividend of $0.30 per share, reflecting a 2.1% yield for shareholders.

Quantbot Technologies LP decreased its holdings in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) by 55.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,596 shares of the textile maker's stock after selling 24,071 shares during the period. Quantbot Technologies LP's holdings in Columbia Sportswear were worth $1,483,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in COLM. Massachusetts Financial Services Co. MA purchased a new stake in shares of Columbia Sportswear in the first quarter valued at about $15,099,000. Millennium Management LLC purchased a new stake in shares of Columbia Sportswear in the fourth quarter valued at about $9,626,000. American Century Companies Inc. raised its holdings in shares of Columbia Sportswear by 12.7% in the first quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker's stock valued at $75,464,000 after purchasing an additional 112,282 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Columbia Sportswear by 1,352.7% in the first quarter. Russell Investments Group Ltd. now owns 75,831 shares of the textile maker's stock valued at $5,740,000 after purchasing an additional 70,611 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in Columbia Sportswear during the first quarter worth about $4,981,000. Hedge funds and other institutional investors own 47.76% of the company's stock.

Analyst Upgrades and Downgrades

COLM has been the subject of a number of research analyst reports. Needham & Company LLC initiated coverage on shares of Columbia Sportswear in a report on Friday, May 30th. They set a "hold" rating for the company. Citigroup decreased their price objective on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Friday, August 1st. Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a report on Monday, August 4th. Stifel Nicolaus decreased their price objective on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a report on Friday, August 1st. Finally, Barclays cut 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 report on Friday, August 1st. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $60.80.

Columbia Sportswear Trading Up 5.5%

COLM stock opened at $56.52 on Friday. The firm has a 50 day moving average of $58.28 and a 200-day moving average of $67.31. Columbia Sportswear Company has a 12 month low of $48.10 and a 12 month high of $92.88. The firm has a market capitalization of $3.10 billion, a P/E ratio of 14.42 and a beta of 1.00.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $587.97 million. During the same period in the previous year, the business posted ($0.20) earnings per share. Columbia Sportswear's revenue for the quarter was up 6.1% on a year-over-year basis. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. Sell-side analysts predict 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. Shareholders of record on Thursday, August 21st will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.20 annualized dividend and a yield of 2.1%. Columbia Sportswear's 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.

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