Martin & Co. Inc. TN Makes New $2.86 Million Investment in Columbia Sportswear Company $COLM

Martin & Co. Inc. TN bought a new stake in shares of Columbia Sportswear Company (NASDAQ:COLM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 46,320 shares of the textile maker’s stock, valued at approximately $2,863,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of COLM. GAMMA Investing LLC boosted its stake in shares of 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 buying an additional 162 shares during the last quarter. Cetera Investment Advisers increased its position in Columbia Sportswear by 4.3% during the fourth quarter. Cetera Investment Advisers now owns 4,115 shares of the textile maker’s stock valued at $227,000 after acquiring an additional 168 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in Columbia Sportswear by 4.0% during the first quarter. Oregon Public Employees Retirement Fund now owns 5,216 shares of the textile maker’s stock valued at $286,000 after acquiring an additional 200 shares during the last quarter. Bank of Montreal Can lifted its holdings in Columbia Sportswear by 3.9% in the fourth quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock valued at $293,000 after acquiring an additional 200 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in 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 acquiring an additional 248 shares during the period. 47.76% of the stock is owned by institutional investors.

Insider Activity at Columbia Sportswear

In other news, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total value of $281,992.50. Following the completion of the sale, the director directly owned 132,376 shares of the company’s stock, valued at $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald E. Nelson sold 4,080 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total transaction 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. This trade represents a 15.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 51.90% of the stock is owned by insiders.

Columbia Sportswear Stock Performance

NASDAQ:COLM opened at $60.33 on Friday. The stock has a 50-day simple moving average of $61.85 and a two-hundred day simple moving average of $60.82. The firm has a market capitalization of $3.09 billion, a PE ratio of 15.67 and a beta of 0.94. Columbia Sportswear Company has a 52-week low of $47.47 and a 52-week high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, topping 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 firm had revenue of $614.36 million for the quarter, compared to the consensus estimate of $606.97 million. During the same quarter last year, the company earned ($0.19) earnings per share. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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. Equities analysts forecast that Columbia Sportswear Company will post 3.58 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid 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 2.0%. Columbia Sportswear’s dividend payout ratio (DPR) is presently 31.17%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on COLM. Wall Street Zen upgraded Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Citigroup reiterated 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. Robert W. Baird set a $65.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. BTIG Research restated a “buy” rating and set a $80.00 target price on shares of Columbia Sportswear in a research report on Friday, July 31st. Finally, Zacks Research cut shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $65.40.

Key Headlines Impacting Columbia Sportswear

Here are the key news stories impacting Columbia Sportswear this week:

• Positive Sentiment: Zacks raised its estimates for Q4 2026 EPS to $2.09 from $2.00, FY2027 EPS to $4.32 from $4.26, Q3 2027 EPS to $1.34 from $1.33, and FY2028 EPS to $4.87 from $4.75. These increases indicate improved longer-term earnings expectations.
• Positive Sentiment: The firm also lifted its Q2 2028 EPS forecast to $0.46 from a previous estimate of negative $0.22. Although this is a distant-period estimate, the sharp revision provides a positive signal about potential future profitability.
• Neutral Sentiment: Zacks kept its Hold rating on Columbia Sportswear. Its current full-year EPS consensus remains $3.58, while the company’s previously provided FY2026 guidance spans $4.45 to $4.90, leaving investors focused on whether upcoming results support the more optimistic outlook.
• Negative Sentiment: Zacks reduced its Q3 2026 EPS estimate to $1.25 from $1.55, FY2026 EPS to $3.58 from $3.79, and Q1 2028 EPS to $0.56 from $0.65. These cuts point to near-term earnings pressure and partially offset the favorable longer-term revisions.

Columbia Sportswear 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.