Ieq Capital LLC Buys New Shares in Columbia Sportswear Company $COLM

Ieq Capital LLC purchased a new stake in Columbia Sportswear Company (NASDAQ:COLM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,415 shares of the textile maker’s stock, valued at approximately $1,571,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in COLM. Farther Finance Advisors LLC grew its holdings in shares of Columbia Sportswear by 195.4% in the 4th quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 297 shares in the last quarter. Allworth Financial LP raised its holdings in Columbia Sportswear by 690.0% during the third 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 raised its holdings in Columbia Sportswear by 250.0% during the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock worth $30,000 after acquiring an additional 415 shares in the last quarter. Trust Co. of Vermont acquired a new position in Columbia Sportswear during the second quarter valued at approximately $39,000. Finally, Jones Financial Companies Lllp grew its stake in Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after purchasing an additional 375 shares in the last quarter. 47.76% of the stock is owned by institutional investors.

Columbia Sportswear Stock Down 1.9%

COLM opened at $58.94 on Wednesday. Columbia Sportswear Company has a 12-month low of $47.47 and a 12-month high of $69.06. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 15.31 and a beta of 0.94. The business has a 50 day moving average of $61.58 and a 200-day moving average of $60.83.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, topping the consensus estimate of ($0.39) by $0.91. The company had revenue of $614.36 million during the quarter, compared to the consensus estimate of $606.97 million. Columbia Sportswear had a return on equity of 11.20% and a net margin of 6.05%.During the same period in the previous year, the company posted ($0.19) EPS. The firm’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. As a group, analysts expect that Columbia Sportswear Company will post 3.58 earnings per share for the current year.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, August 20th. Columbia Sportswear’s payout ratio is currently 31.17%.

Insider Activity at Columbia Sportswear

In other news, Director Stephen E. Babson sold 4,150 shares of the 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 transaction, the director owned 132,376 shares in the company, valued at approximately $8,994,949.20. This trade represents a 3.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 51.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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