YETI Holdings, Inc. (NYSE:YETI) Stock Holdings Increased by Congress Asset Management Co.

Congress Asset Management Co. raised its position in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,131,060 shares of the company's stock after purchasing an additional 60,407 shares during the quarter. Congress Asset Management Co. owned 1.33% of YETI worth $43,557,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of YETI. CWM LLC raised its holdings in shares of YETI by 135.0% during the 3rd quarter. CWM LLC now owns 5,125 shares of the company's stock valued at $210,000 after buying an additional 2,944 shares during the period. Exchange Traded Concepts LLC raised its holdings in shares of YETI by 48.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,536 shares of the company's stock valued at $63,000 after buying an additional 500 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of YETI by 3.8% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 96,178 shares of the company's stock valued at $3,946,000 after buying an additional 3,559 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of YETI during the 3rd quarter valued at about $26,000. Finally, Blue Trust Inc. raised its holdings in shares of YETI by 265.8% during the 3rd quarter. Blue Trust Inc. now owns 867 shares of the company's stock valued at $33,000 after buying an additional 630 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on YETI shares. UBS Group dropped their target price on YETI from $44.00 to $43.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. KeyCorp lowered their price objective on YETI from $36.00 to $35.00 and set an "underweight" rating for the company in a research note on Wednesday, January 8th. Piper Sandler restated 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. Bank of America lowered YETI from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $55.00 to $40.00 in a research note on Wednesday, November 6th. Finally, Canaccord Genuity Group lowered their price objective on YETI from $44.00 to $42.00 and set a "hold" rating for the company in a research note on Friday, February 14th. 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 stock. According to data from MarketBeat, YETI presently has an average rating of "Hold" and an average price target of $44.77.

YETI Stock Performance

Shares of YETI traded down $1.36 during mid-day trading on Wednesday, hitting $37.07. The stock had a trading volume of 1,689,870 shares, compared to its average volume of 1,695,780. The company has a market cap of $3.14 billion, a PE ratio of 18.00, a PEG ratio of 1.08 and a beta of 2.13. The company's fifty day simple moving average is $38.41 and its two-hundred day simple moving average is $39.15. The company has a quick ratio of 1.36, a current ratio of 2.18 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a fifty-two week low of $33.41 and a fifty-two week high of $45.25.

YETI (NYSE:YETI - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.06). The firm had revenue of $555.37 million during the quarter, compared to analyst estimates of $554.08 million. YETI had a return on equity of 28.23% and a net margin of 9.60%. On average, equities analysts expect that YETI Holdings, Inc. will post 2.59 earnings per share for the current year.

About YETI

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.