Fluent Financial LLC Takes Position in Columbia Sportswear Company $COLM

Fluent Financial LLC acquired a new position in shares of Columbia Sportswear Company (NASDAQ:COLM) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 28,104 shares of the textile maker’s stock, valued at approximately $1,737,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its stake in Columbia Sportswear by 6.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,656 shares of the textile maker’s stock worth $164,000 after purchasing an additional 162 shares during the period. Versant Capital Management Inc increased its holdings in Columbia Sportswear by 330.8% during the 2nd quarter. Versant Capital Management Inc now owns 840 shares of the textile maker’s stock worth $52,000 after purchasing an additional 645 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Columbia Sportswear by 5,074.1% in the 1st quarter. Pacer Advisors Inc. now owns 156,776 shares of the textile maker’s stock valued at $8,593,000 after purchasing an additional 153,746 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Columbia Sportswear by 43.6% in the first quarter. Parallel Advisors LLC now owns 817 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 248 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC acquired a new position in shares of Columbia Sportswear during the first quarter worth about $221,000. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the sale, the director owned 132,376 shares in the company, valued at $8,994,949.20. This represents a 3.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ronald E. Nelson sold 4,080 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the completion of the sale, the director directly owned 22,789 shares of the company’s stock, valued at approximately $1,544,638.42. The trade was a 15.18% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 51.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a report on Saturday. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group reaffirmed a “sell” rating and set a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Citigroup reaffirmed a “neutral” rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Finally, Weiss Ratings downgraded shares of Columbia Sportswear from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $65.40.

Columbia Sportswear Price Performance

Columbia Sportswear stock opened at $57.36 on Monday. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 14.90 and a beta of 0.94. The firm has a 50-day moving average of $63.36 and a 200-day moving average of $60.56. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The business had revenue of $614.36 million for the quarter, compared to the consensus estimate of $606.97 million. During the same quarter in the previous year, the business earned ($0.19) earnings per share. Columbia Sportswear’s quarterly revenue was up 1.5% on a year-over-year basis. 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. As a group, sell-side analysts expect that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Announces Dividend

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

Columbia Sportswear Company Profile

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.