Symphony Financial Ltd. Co. Acquires Shares of 155,339 Columbia Sportswear Company $COLM

Key Points

• Symphony Financial acquired 155,339 shares of Columbia Sportswear in the second quarter, valued at approximately $3.5 million and representing about 0.30% of the company. Institutional investors and hedge funds collectively own 47.76% of the stock.
• Columbia Sportswear reported quarterly earnings of $0.52 per share, beating estimates by $0.91, while revenue reached $614.36 million, up 1.5% year over year. The company issued Q3 and full-year 2026 earnings guidance.
• The company declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a 2.1% yield. Analysts’ consensus rating is “Hold,” with an average price target of $65.40.

Symphony Financial Ltd. Co. bought a new position in shares of Columbia Sportswear Company (NASDAQ:COLM - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 155,339 shares of the textile maker's stock, valued at approximately $3,498,000. Symphony Financial Ltd. Co. owned about 0.30% of Columbia Sportswear as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Columbia Sportswear during the second quarter worth $152,164,000. Deprince Race & Zollo Inc. bought a new stake in Columbia Sportswear during the first quarter valued at $27,407,000. AQR Capital Management LLC increased its stake in Columbia Sportswear by 82.9% during the third quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker's stock valued at $50,242,000 after purchasing an additional 439,913 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Columbia Sportswear by 15.7% during the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker's stock worth $121,824,000 after purchasing an additional 301,277 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Columbia Sportswear in the 2nd quarter worth about $16,691,000. Institutional investors and hedge funds own 47.76% of the company's stock.

Columbia Sportswear Stock Performance

NASDAQ:COLM opened at $56.81 on Wednesday. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 14.76 and a beta of 0.94. Columbia Sportswear Company has a 1 year low of $47.47 and a 1 year high of $69.06. The business has a fifty day moving average of $60.81 and a 200-day moving average of $60.66.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of ($0.39) by $0.91. The business had revenue of $614.36 million for the quarter, compared to analysts' expectations of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The company's revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.19) earnings per share. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. On average, equities research analysts predict that Columbia Sportswear Company will post 3.58 EPS for the current year.

Columbia Sportswear Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, August 20th. Columbia Sportswear's dividend payout ratio is currently 31.17%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BTIG Research restated a "buy" rating and set a $80.00 price objective on shares of Columbia Sportswear in a research report on Friday, July 31st. Robert W. Baird set a $65.00 target price on Columbia Sportswear in a research report on Friday, July 31st. Wall Street Zen upgraded Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Citigroup restated a "neutral" rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Finally, Stifel Nicolaus set a $67.00 price objective on shares of Columbia Sportswear and gave the company a "buy" rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $65.40.

About Columbia Sportswear

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

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