Columbia Sportswear (NASDAQ:COLM – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.450-4.900 for the period, compared to the consensus EPS estimate of 3.850. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Columbia Sportswear also updated its Q3 2026 guidance to 1.150-1.350 EPS.
Wall Street Analyst Weigh In
COLM has been the subject of a number of research analyst reports. Zacks Research lowered Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. UBS Group restated a “sell” rating and set a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Citigroup restated a “neutral” rating and issued a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Finally, BTIG Research lifted their price objective on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $62.83.
View Our Latest Stock Report on COLM
Columbia Sportswear Price Performance
Columbia Sportswear (NASDAQ:COLM – Get Free Report) 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 ($0.41) by $0.93. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The company had revenue of $614.36 million for the quarter, compared to the consensus estimate of $606.97 million. 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. Analysts expect that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.
Insider Buying and Selling at Columbia Sportswear
In other Columbia Sportswear news, Director Ronald E. Nelson sold 4,080 shares of Columbia Sportswear stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total value of $276,542.40. Following the transaction, the director owned 22,789 shares in the company, valued at $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sabrina Simmons sold 1,329 shares of Columbia Sportswear stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $61.24, for a total transaction of $81,387.96. Following the completion of the transaction, the director directly owned 8,260 shares in the company, valued at approximately $505,842.40. The trade was a 13.86% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,559 shares of company stock valued at $639,923. 51.90% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Columbia Sportswear
Institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC increased its holdings in Columbia Sportswear by 24.6% in the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after buying an additional 28,269 shares during the period. Jones Financial Companies Lllp lifted its stake in Columbia Sportswear by 208.3% during the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 375 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Columbia Sportswear by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after acquiring an additional 2,680 shares during the period. Jane Street Group LLC boosted its holdings in shares of Columbia Sportswear by 125.0% in the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock valued at $8,727,000 after acquiring an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in shares of Columbia Sportswear by 11.7% in the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock worth $204,000 after acquiring an additional 350 shares during the period. Institutional investors and hedge funds own 47.76% of the company’s stock.
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.
See Also
- Five stocks we like better than Columbia Sportswear
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Columbia Sportswear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear and related companies with MarketBeat.com's FREE daily email newsletter.
