Scientech Research LLC Acquires Shares of 12,120 Columbia Sportswear Company $COLM

Scientech Research LLC purchased a new stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,120 shares of the textile maker's stock, valued at approximately $917,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Petrus Trust Company LTA boosted its holdings in Columbia Sportswear by 13.8% in the 1st quarter. Petrus Trust Company LTA now owns 4,383 shares of the textile maker's stock valued at $332,000 after purchasing an additional 533 shares during the period. Millennium Management LLC boosted its holdings in Columbia Sportswear by 24.6% in the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker's stock valued at $10,820,000 after purchasing an additional 28,269 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in Columbia Sportswear in the 1st quarter valued at $39,222,000. Gotham Asset Management LLC boosted its holdings in Columbia Sportswear by 175.1% in the 1st quarter. Gotham Asset Management LLC now owns 176,163 shares of the textile maker's stock valued at $13,334,000 after purchasing an additional 112,127 shares during the period. Finally, Curi RMB Capital LLC boosted its holdings in Columbia Sportswear by 0.5% in the 1st quarter. Curi RMB Capital LLC now owns 160,309 shares of the textile maker's stock valued at $12,134,000 after purchasing an additional 842 shares during the period. 47.76% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays reduced their price objective on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Citigroup reduced 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. Stifel Nicolaus reduced 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. Cfra Research raised shares of Columbia Sportswear to a "hold" rating in a report on Monday, August 4th. Finally, Needham & Company LLC assumed coverage on shares of Columbia Sportswear in a report on Friday, May 30th. They set a "hold" rating for the company. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Columbia Sportswear presently has an average rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Trading Down 1.9%

Shares of Columbia Sportswear stock traded down $1.08 during mid-day trading on Friday, reaching $54.61. 540,535 shares of the stock were exchanged, compared to its average volume of 686,903. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 13.93 and a beta of 0.96. The firm has a 50-day simple moving average of $56.53 and a 200 day simple moving average of $64.12. Columbia Sportswear Company has a fifty-two week low of $48.10 and a fifty-two week high of $92.88.

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, topping analysts' consensus estimates of ($0.28) by $0.09. The business had revenue of $605.25 million during the quarter, compared to analysts' expectations of $587.97 million. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.20) EPS. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. On average, research analysts predict that Columbia Sportswear Company will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

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