YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Empower Advisory Group LLC

Empower Advisory Group LLC lifted its position in YETI Holdings, Inc. (NYSE:YETI) by 6.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 311,918 shares of the company’s stock after acquiring an additional 18,977 shares during the period. Empower Advisory Group LLC owned 0.37% of YETI worth $12,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its stake in shares of YETI by 259.4% in the first quarter. SG Americas Securities LLC now owns 21,170 shares of the company’s stock worth $816,000 after acquiring an additional 15,280 shares during the last quarter. BOKF NA boosted its stake in shares of YETI by 12,075.3% in the first quarter. BOKF NA now owns 18,263 shares of the company’s stock worth $701,000 after acquiring an additional 18,113 shares during 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 worth $2,630,000 after buying an additional 27,076 shares during 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 worth $1,790,000 after buying an additional 43,452 shares during 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 worth $14,859,000 after buying an additional 25,300 shares during the last quarter.

YETI Price Performance

YETI stock opened at $40.64 on Thursday. The company has a current ratio of 2.58, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $3.45 billion, a PE ratio of 17.44, a P/E/G ratio of 1.20 and a beta of 2.12. YETI Holdings, Inc. has a 12-month low of $33.41 and a 12-month high of $54.15. The business’s fifty day moving average price is $38.84 and its 200 day moving average price is $39.24.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. B. Riley boosted their price objective on YETI from $38.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Bank of America lowered YETI from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $55.00 to $40.00 in a research note on Wednesday, November 6th. Citigroup lowered their price objective on YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Piper Sandler reissued an “overweight” rating and set a $54.00 price objective (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. Finally, Canaccord Genuity Group reissued a “hold” rating and set a $44.00 price objective on shares of YETI in a research note on Monday, September 30th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $45.46.

YETI Company 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.