Man Group plc Takes $10.33 Million Position in Columbia Sportswear Company $COLM

Man Group plc bought a new position in Columbia Sportswear Company (NASDAQ:COLM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 167,044 shares of the textile maker’s stock, valued at approximately $10,327,000. Man Group plc owned approximately 0.33% of Columbia Sportswear at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in COLM. Farther Finance Advisors LLC grew its holdings in Columbia Sportswear by 195.4% during the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after buying an additional 297 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Columbia Sportswear by 690.0% during the 3rd quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after acquiring an additional 483 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Columbia Sportswear by 250.0% during the 3rd quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after acquiring an additional 415 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at approximately $32,000. Finally, Trust Co. of Vermont bought a new position in shares of Columbia Sportswear during the 2nd quarter valued at approximately $39,000. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Stock Performance

Shares of COLM stock opened at $58.01 on Friday. The stock has a 50 day moving average price of $61.10 and a 200 day moving average price of $60.75. Columbia Sportswear Company has a 52-week low of $47.47 and a 52-week high of $69.06. The firm has a market capitalization of $2.97 billion, a P/E ratio of 15.07 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, beating the consensus estimate of ($0.39) by $0.91. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.The company had revenue of $614.36 million for the quarter, compared to the consensus estimate of $606.97 million. During the same quarter in the prior year, the company posted ($0.19) EPS. 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 forecast that Columbia Sportswear Company will post 3.58 EPS for the current year.

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 31.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Citigroup reissued a “neutral” rating and issued a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, August 17th. Stifel Nicolaus set a $67.00 price target on Columbia Sportswear and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Wall Street Zen raised Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Columbia Sportswear has an average rating of “Hold” and a consensus target price 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.