Jupiter Topco LLC Makes New $713,000 Investment in Columbia Sportswear Company $COLM

Jupiter Topco LLC bought a new position in shares of Columbia Sportswear Company (NASDAQ:COLM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,532 shares of the textile maker’s stock, valued at approximately $713,000.

Several other hedge funds have also modified their holdings of COLM. Millennium Management LLC boosted its stake in shares of Columbia Sportswear by 24.6% in the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock valued at $10,820,000 after buying an additional 28,269 shares in the last quarter. Jones Financial Companies Lllp raised its position in Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after acquiring an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Columbia Sportswear by 2.4% in 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 purchasing an additional 2,680 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Columbia Sportswear by 125.0% during the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after buying an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. grew its position 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 valued at $204,000 after purchasing an additional 350 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Columbia Sportswear Stock Performance

COLM stock opened at $57.72 on Monday. The company has a 50 day moving average price of $60.40 and a two-hundred day moving average price of $60.55. The stock has a market capitalization of $2.95 billion, a P/E ratio of 14.99 and a beta of 0.94. Columbia Sportswear Company has a one year low of $47.47 and a one year high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, topping 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 company had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. During the same quarter in the prior year, the company posted ($0.19) EPS. 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. Research analysts forecast that Columbia Sportswear Company will post 3.58 earnings per share for the current fiscal year.

Columbia Sportswear Announces Dividend

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

Wall Street Analysts Forecast Growth

COLM has been the subject of a number of recent research reports. Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, August 17th. Robert W. Baird set a $65.00 target price on Columbia Sportswear in a report on Friday, July 31st. Zacks Research downgraded Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. BTIG Research reissued a “buy” rating and issued a $80.00 price target on shares of Columbia Sportswear in a report on Friday, July 31st. Finally, Citigroup restated a “neutral” rating and issued a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $65.40.

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.