Redwood Investment Management LLC Makes New $1.31 Million Investment in Columbia Sportswear Company $COLM

Key Points

• Redwood Investment Management LLC has acquired a new stake in Columbia Sportswear Company, purchasing 17,255 shares valued at approximately $1.3 million.
• Bank Julius Baer and Whipplewood Advisors are among other funds that have also made significant adjustments to their holdings in Columbia Sportswear during the first quarter.
• Columbia Sportswear reported better-than-expected earnings for the last quarter, with revenues of $605.25 million and an earnings per share (EPS) of ($0.19), beating estimates.

Redwood Investment Management LLC acquired a new position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,255 shares of the textile maker's stock, valued at approximately $1,306,000.

Other large investors have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Columbia Sportswear during the 1st quarter worth $38,000. Whipplewood Advisors LLC lifted its stake in shares of Columbia Sportswear by 12,400.0% in the 1st quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker's stock valued at $47,000 after purchasing an additional 620 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Columbia Sportswear by 1,943.2% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 899 shares of the textile maker's stock valued at $68,000 after purchasing an additional 855 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Columbia Sportswear in the 4th quarter valued at $76,000. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of Columbia Sportswear in the 4th quarter valued at $139,000. Institutional investors and hedge funds own 47.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on COLM shares. Cfra Research raised Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. Stifel Nicolaus cut their price target on Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating on the stock in a research note on Friday, August 1st. Citigroup cut their price target on Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating on the stock in a research note on Friday, August 1st. Barclays cut their price target on 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. Finally, UBS Group lowered their price objective on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research report on Friday, August 1st. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Price Performance

COLM stock traded up $0.68 during trading hours on Monday, reaching $55.72. 865,134 shares of the stock were exchanged, compared to its average volume of 696,159. The firm's 50-day moving average is $57.75 and its 200-day moving average is $66.28. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 14.21 and a beta of 0.96. 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 released its earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.28) by $0.09. The firm had revenue of $605.25 million during the quarter, compared to analysts' expectations of $587.97 million. Columbia Sportswear had a return on equity of 12.97% and a net margin of 6.59%.The company's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.20) EPS. 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 forecast that Columbia Sportswear Company will post 4.1 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

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