Columbia SportswearCOLM
Market Cap: $4.77B
About: Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. Columbia sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia to manufacture its various products.
Employees: 10,070
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3% less funds holding
Funds holding: 288 [Q1] → 280 (-8) [Q2]
7.97% less ownership
Funds ownership: 59.91% [Q1] → 51.94% (-7.97%) [Q2]
17% less capital invested
Capital invested by funds: $2.91B [Q1] → $2.43B (-$480M) [Q2]
17% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 48
21% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 106
63% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $3.32M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wedbush Tom Nikic 55% 1-year accuracy 23 / 42 met price target | 2%downside $80 | Neutral Initiated | 19 Jul 2024 |
Stifel Jim Duffy 67% 1-year accuracy 26 / 39 met price target | 13%upside $92 | Buy Upgraded | 8 Jul 2024 |