YETI Holdings, Inc. (NYSE:YETI) Stock Position Lifted by Royce & Associates LP

Royce & Associates LP lifted its holdings in YETI Holdings, Inc. (NYSE:YETI) by 17.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 585,971 shares of the company’s stock after purchasing an additional 86,405 shares during the quarter. Royce & Associates LP owned 0.69% of YETI worth $24,042,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. SG Americas Securities LLC boosted its stake in YETI by 259.4% during the first quarter. SG Americas Securities LLC now owns 21,170 shares of the company’s stock valued at $816,000 after buying an additional 15,280 shares in the last quarter. BOKF NA boosted its stake in YETI by 12,075.3% during the first quarter. BOKF NA now owns 18,263 shares of the company’s stock valued at $701,000 after buying an additional 18,113 shares in the last quarter. Janus Henderson Group PLC boosted its stake in YETI by 65.8% during the first quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock valued at $2,630,000 after buying an additional 27,076 shares in the last quarter. International Assets Investment Management LLC boosted its stake in YETI by 26,657.7% during the third quarter. International Assets Investment Management LLC now owns 43,615 shares of the company’s stock valued at $1,790,000 after buying an additional 43,452 shares in the last quarter. Finally, Schwartz Investment Counsel Inc. boosted its stake in YETI by 7.5% during the third quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company’s stock valued at $14,859,000 after buying an additional 25,300 shares in the last quarter.

YETI Stock Down 1.4 %

YETI opened at $38.16 on Friday. YETI Holdings, Inc. has a fifty-two week low of $33.41 and a fifty-two week high of $54.15. The business has a 50-day moving average of $38.87 and a 200-day moving average of $39.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.58 and a quick ratio of 1.45. The company has a market capitalization of $3.24 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 1.12 and a beta of 2.12.

Analyst Ratings Changes

Several equities research analysts have recently commented on YETI shares. TD Cowen reduced their target price on YETI from $46.00 to $44.00 and set a “hold” rating for the company in a report on Monday, November 11th. Bank of America downgraded YETI from a “buy” rating to a “neutral” rating and reduced their target price for the company from $55.00 to $40.00 in a report on Wednesday, November 6th. KeyCorp upped their target price on YETI from $36.00 to $38.00 and gave the company an “underweight” rating in a report on Friday, August 9th. Citigroup reduced their target price on YETI from $49.00 to $47.00 and set a “buy” rating for the company in a report on Monday, August 5th. Finally, Canaccord Genuity Group reissued a “hold” rating and issued a $44.00 price objective on shares of YETI in a research note on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $45.46.

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.