Strs Ohio Makes New $1.53 Million Investment in Columbia Sportswear Company $COLM

Key Points

• Strs Ohio has made a new investment of approximately $1.53 million in Columbia Sportswear by acquiring 20,180 shares of the company.
• Columbia Sportswear recently reported earnings per share (EPS) of ($0.19), which surpassed the consensus estimate of ($0.28), along with a revenue of $605.25 million for the quarter.
• The company has announced a quarterly dividend of $0.30 per share, representing an annualized dividend of $1.20 and a yield of 2.2%.

Strs Ohio acquired a new position in Columbia Sportswear Company (NASDAQ:COLM - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 20,180 shares of the textile maker's stock, valued at approximately $1,527,000.

Other large investors have also made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Columbia Sportswear during the 1st quarter valued at approximately $38,000. Jones Financial Companies Lllp raised its holdings in shares of Columbia Sportswear by 208.3% during the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker's stock worth $42,000 after acquiring an additional 375 shares in the last quarter. Quarry LP purchased a new stake in Columbia Sportswear during the 1st quarter valued at $44,000. Whipplewood Advisors LLC raised its holdings in Columbia Sportswear by 12,400.0% during the 1st quarter. Whipplewood Advisors LLC now owns 625 shares of the textile maker's stock valued at $47,000 after buying an additional 620 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its holdings in 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 during the period. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Stock Down 1.9%

Shares of COLM traded down $1.05 on Friday, reaching $53.35. The stock had a trading volume of 1,652,770 shares, compared to its average volume of 701,228. The firm has a 50-day moving average of $55.61 and a 200 day moving average of $63.16. The firm has a market capitalization of $2.92 billion, a PE ratio of 13.61 and a beta of 0.96. Columbia Sportswear Company has a twelve month low of $48.10 and a twelve month high of $92.88.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.28) by $0.09. The company had revenue of $605.25 million for 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 business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the prior 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, sell-side analysts anticipate that Columbia Sportswear Company will post 4.1 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Thursday, August 21st. Columbia Sportswear's dividend payout ratio (DPR) is 30.61%.

Analysts Set New Price Targets

COLM has been the topic of several research analyst reports. Stifel Nicolaus cut their price objective 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. 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. Barclays dropped their price target on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Needham & Company LLC assumed coverage on Columbia Sportswear in a research report on Friday, May 30th. They set a "hold" rating on the stock. Finally, Cfra Research raised Columbia Sportswear to a "hold" rating in a research report on Monday, August 4th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Columbia Sportswear presently has a consensus rating of "Hold" and an average target price of $60.80.

Columbia Sportswear 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.