Sequoia Financial Advisors LLC Buys Shares of 5,477 Columbia Sportswear Company $COLM

Key Points

• Sequoia Financial Advisors LLC acquired a new stake in Columbia Sportswear, purchasing 5,477 shares valued at approximately $335,000.
• Columbia Sportswear's shares are currently priced at $54.20, with a market cap of $2.97 billion and a P/E ratio of 13.83.
• The company announced a quarterly dividend of $0.30 per share, representing an annualized dividend yield of 2.2%.

Sequoia Financial Advisors LLC bought a new stake in Columbia Sportswear Company (NASDAQ:COLM - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,477 shares of the textile maker's stock, valued at approximately $335,000.

A number of other institutional investors also recently made changes to their positions in COLM. GHP Investment Advisors Inc. raised its position in shares of Columbia Sportswear by 1.3% in the 1st quarter. GHP Investment Advisors Inc. now owns 27,581 shares of the textile maker's stock valued at $2,088,000 after purchasing an additional 360 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Columbia Sportswear by 5.3% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 34,432 shares of the textile maker's stock valued at $2,606,000 after purchasing an additional 1,741 shares in the last quarter. CWC Advisors LLC. acquired a new position in shares of Columbia Sportswear in the 1st quarter valued at approximately $267,000. Teacher Retirement System of Texas acquired a new position in shares of Columbia Sportswear in the 1st quarter valued at approximately $518,000. Finally, Principal Financial Group Inc. raised its position in shares of Columbia Sportswear by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 73,810 shares of the textile maker's stock valued at $5,587,000 after purchasing an additional 324 shares in the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

COLM has been the topic of several research reports. BTIG Research initiated coverage on Columbia Sportswear in a research report on Tuesday, October 14th. They set a "buy" rating and a $75.00 price target on the stock. Citigroup dropped their price target on Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating on the stock in a research report on Friday, August 1st. Cfra Research raised Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. Zacks Research lowered Columbia Sportswear from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 30th. Finally, Stifel Nicolaus dropped their price target on Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating on the stock in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $63.17.

Columbia Sportswear Stock Up 3.2%

Shares of Columbia Sportswear stock opened at $54.20 on Wednesday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 13.83 and a beta of 0.98. The business has a fifty day simple moving average of $53.70 and a 200-day simple moving average of $59.14. 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 quarterly earnings data on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.28) by $0.09. The business had revenue of $605.25 million during the quarter, compared to analyst estimates 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 firm posted ($0.20) earnings per share. 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 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was 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.

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