Campbell & CO Investment Adviser LLC Takes Position in YETI Holdings, Inc. $YETI

Campbell & CO Investment Adviser LLC purchased a new position in shares of YETI Holdings, Inc. (NYSE:YETI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 79,500 shares of the company’s stock, valued at approximately $2,506,000. Campbell & CO Investment Adviser LLC owned about 0.10% of YETI as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in YETI. Envestnet Asset Management Inc. grew its position in shares of YETI by 44.5% during the first quarter. Envestnet Asset Management Inc. now owns 321,065 shares of the company’s stock worth $10,627,000 after acquiring an additional 98,884 shares during the last quarter. Alps Advisors Inc. boosted its stake in YETI by 16.1% during the 1st quarter. Alps Advisors Inc. now owns 10,569 shares of the company’s stock worth $350,000 after purchasing an additional 1,469 shares during the period. Cerity Partners LLC purchased a new position in YETI during the 1st quarter worth $1,040,000. Stephens Inc. AR acquired a new position in YETI in the first quarter valued at $2,423,000. Finally, CWM LLC increased its stake in YETI by 1,723.9% in the first quarter. CWM LLC now owns 43,847 shares of the company’s stock valued at $1,451,000 after purchasing an additional 41,443 shares during the period.

Analyst Ratings Changes

YETI has been the topic of a number of research reports. Morgan Stanley raised their price target on YETI from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. Jefferies Financial Group reiterated a “buy” rating on shares of YETI in a research note on Tuesday, September 16th. UBS Group upped their price target on YETI from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Friday. Canaccord Genuity Group increased their price target on YETI from $34.00 to $37.00 and gave the stock a “hold” rating in a report on Friday. Finally, Citigroup lifted their price objective on shares of YETI from $36.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Five investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.08.

YETI Price Performance

YETI stock opened at $36.27 on Monday. YETI Holdings, Inc. has a one year low of $26.61 and a one year high of $45.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.16 and a current ratio of 2.16. The business has a fifty day moving average of $34.63 and a two-hundred day moving average of $33.20. The company has a market cap of $2.82 billion, a P/E ratio of 18.89, a price-to-earnings-growth ratio of 2.56 and a beta of 1.89.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. YETI had a net margin of 8.75% and a return on equity of 23.62%. The business had revenue of $487.77 million for the quarter, compared to analysts’ expectations of $480.08 million. During the same period in the prior year, the company posted $0.71 EPS. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. YETI has set its FY 2025 guidance at 2.380-2.490 EPS. As a group, analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

YETI Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.