Columbia Sportswear (NASDAQ:COLM) Director Sells $81,387.96 in Stock

Columbia Sportswear Company (NASDAQ:COLMGet Free Report) Director Sabrina Simmons sold 1,329 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the completion of the transaction, the director owned 8,260 shares of the company’s stock, valued at $505,842.40. The trade was a 13.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Columbia Sportswear Stock Up 1.8%

Shares of NASDAQ:COLM traded up $1.07 during midday trading on Tuesday, hitting $60.50. The stock had a trading volume of 580,578 shares, compared to its average volume of 694,959. The company’s 50-day moving average price is $58.12 and its 200-day moving average price is $56.23. The company has a market capitalization of $3.09 billion, a P/E ratio of 19.27 and a beta of 0.91. Columbia Sportswear Company has a fifty-two week low of $47.47 and a fifty-two week high of $71.68.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last issued its earnings results on Thursday, April 30th. The textile maker reported $0.65 EPS for the quarter, beating the consensus estimate of $0.35 by $0.30. The company had revenue of $779.01 million during the quarter, compared to analysts’ expectations of $758.26 million. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The business’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 EPS. Columbia Sportswear has set its FY 2026 guidance at 3.550-4.000 EPS and its Q2 2026 guidance at -0.460–0.370 EPS. Research analysts expect that Columbia Sportswear Company will post 3.95 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be given a $0.30 dividend. The ex-dividend date is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. Columbia Sportswear’s payout ratio is presently 38.22%.

Institutional Investors Weigh In On Columbia Sportswear

A number of institutional investors have recently modified their holdings of the company. Calamos Wealth Management LLC bought a new stake in shares of Columbia Sportswear in the 1st quarter valued at $292,000. Calamos Advisors LLC bought a new stake in shares of Columbia Sportswear in the 1st quarter valued at $292,000. Principal Financial Group Inc. boosted its stake in shares of Columbia Sportswear by 3.8% in the 1st quarter. Principal Financial Group Inc. now owns 56,582 shares of the textile maker’s stock valued at $3,101,000 after purchasing an additional 2,082 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of Columbia Sportswear in the 1st quarter valued at $219,000. Finally, Fifth Third Bancorp lifted its position in shares of Columbia Sportswear by 3,781.9% during the 1st quarter. Fifth Third Bancorp now owns 16,537 shares of the textile maker’s stock valued at $906,000 after acquiring an additional 16,111 shares during the period. 47.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on COLM. Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Citigroup reaffirmed a “neutral” rating and set a $67.00 price target (up from $65.00) on shares of Columbia Sportswear in a report on Monday. Robert W. Baird set a $63.00 price target on shares of Columbia Sportswear in a report on Wednesday, February 4th. Stifel Nicolaus lifted their price target on shares of Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research report on Saturday, January 17th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Columbia Sportswear has a consensus rating of “Hold” and an average target price of $62.67.

View Our Latest Stock Report on COLM

Columbia Sportswear Company Profile

(Get Free Report)

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.

Further Reading

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