Silvercrest Asset Management Group Reduces $5M in Columbia Banking System, Inc. ($COLB)

Silvercrest Asset Management Group has reduced its stake in Columbia Banking System, Inc. (NasdaqGS: COLB) by 159,557 shares, reflecting a 3.7% decrease. This adjustment brings Silvercrest's total holdings to 4,147,429 shares, valued at approximately $129.86 million. The changes were reported in their latest 13F filing with the SEC, covering the period ending March 31, 2026.

What Changed in Silvercrest Asset Management's Columbia Banking System Position

Silvercrest Asset Management trimmed its position in Columbia Banking System by 159,557 shares, reducing its holdings to 4,147,429 shares. This represents a 3.7% decrease from its previous count of 4,306,986 shares, reflecting a strategic adjustment in its investment portfolio.

Other Institutional Activity in Columbia Banking System

Among other institutional investors, BlackRock, Inc. increased its holdings by 346,471 shares, ending with 27,065,001 shares valued at about $742.39 million. T. Rowe Price Investment Management, Inc. also added 84,635 shares, bringing its total to 15,915,525 shares worth approximately $436.56 million. On the other hand, Wellington Management Group LLP reduced its stake by 3,161,953 shares, leaving it with 14,944,275 shares valued at $409.92 million. Dimensional Fund Advisors LP boosted its position by 408,087 shares, totaling 13,549,603 shares valued at $371.66 million.

Columbia Banking System Stock Snapshot

Shares of Columbia Banking System (NasdaqGS: COLB) recently traded at $31.31. The company boasts a market capitalization of $9.06 billion and a P/E ratio of 12.28. Its 52-week trading range spans from $21.91 to $32.70, with a 50-day moving average of $29.38 and a 200-day moving average of $28.13. The stock's beta is 0.676, indicating lower volatility compared to the market.

Recent Earnings

Columbia Banking System reported revenue of $2.34 billion, with a growth rate of 39.9%. The company achieved a net margin of 28.04% and a return on equity of 10.15%. Earnings per share (EPS) stood at $2.55. The next earnings report is scheduled for July 30, 2026.

Dividend

Columbia Banking System pays an annual dividend rate of $1.48, yielding 4.73%. The dividend payout ratio is 57.25%, indicating a balanced distribution strategy.

Insider Buying and Selling at Columbia Banking System, Inc.

Recent insider activity includes sales by EVP Chief Marketing Officer Moore Devine David, who sold 3,872 shares on June 8, 2026. Meanwhile, on May 14, 2026, insiders Eric Forrest, Christian Mitchell, John Schultz, Anddria Varnado, and Jaynie Studenmund each purchased 3,949 shares.

Analysts Set New Price Targets

On April 7, 2026, Barclays maintained a 'hold' rating with a $29 price target. UBS assumed coverage with a 'hold' rating and a $30 target. Piper Sandler, on April 2, 2026, maintained a 'buy' rating with a $34 target. The consensus among analysts is a 'hold' rating, with a mean price target of $32.08 based on 13 analyst opinions.

About Columbia Banking System, Inc.

Columbia Banking System, Inc., headquartered in Tacoma, Washington, is a financial services company operating as the holding company for Columbia Bank. It offers a range of banking services, including deposit accounts, commercial lending, and wealth management solutions. The company serves diverse clientele, from small businesses to individuals, through its various financial products and services. Founded in 1953, Columbia Banking System employs approximately 6,005 people.

Bottom Line

Silvercrest Asset Management's recent reduction in its Columbia Banking System stake is part of a broader portfolio strategy. Investors often monitor such moves for insights into institutional sentiment. Remember, 13F filings are backward-looking and may not reflect the current position.