YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC boosted its stake in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 111.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 194,030 shares of the company's stock after purchasing an additional 102,288 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.23% of YETI worth $7,961,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of YETI. Algert Global LLC lifted its stake in shares of YETI by 443.0% in the 3rd quarter. Algert Global LLC now owns 47,550 shares of the company's stock valued at $1,951,000 after purchasing an additional 38,793 shares in the last quarter. International Assets Investment Management LLC lifted its position 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. Intech Investment Management LLC purchased a new stake in YETI during the third quarter worth approximately $1,415,000. Qsemble Capital Management LP grew its stake in YETI by 320.3% during the third quarter. Qsemble Capital Management LP now owns 26,576 shares of the company's stock worth $1,090,000 after buying an additional 20,253 shares during the period. Finally, Schwartz Investment Counsel Inc. increased its position in shares of YETI by 7.5% in the third quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company's stock worth $14,859,000 after acquiring an additional 25,300 shares in the last quarter.

YETI Stock Up 2.0 %

Shares of YETI traded up $0.83 during midday trading on Friday, hitting $42.44. The company had a trading volume of 922,912 shares, compared to its average volume of 1,618,064. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a 52 week low of $33.41 and a 52 week high of $54.15. The company's 50 day moving average price is $39.23 and its 200 day moving average price is $39.47. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 1.32 and a beta of 2.15.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on YETI. TD Cowen decreased their price target on shares of YETI from $46.00 to $44.00 and set a "hold" rating for the company in a research report on Monday, November 11th. Roth Mkm increased their target price on YETI from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Friday, August 9th. Piper Sandler reissued an "overweight" rating and set a $54.00 price target (down from $55.00) on shares of YETI in a research report on Friday, November 8th. B. Riley upped their price target on YETI from $38.00 to $45.00 and gave the stock a "neutral" rating in a report on Friday, August 9th. Finally, KeyCorp lifted their price objective on shares of YETI from $36.00 to $38.00 and gave the company an "underweight" rating in a research note on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average 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.