Empower Advisory Group LLC Has $12.80 Million Stake in YETI Holdings, Inc. (NYSE:YETI)

Empower Advisory Group LLC boosted its stake in shares of YETI Holdings, Inc. (NYSE:YETI - Free Report) by 6.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 311,918 shares of the company's stock after purchasing 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 SEC.

Several other large investors have also recently bought and sold shares of YETI. Covestor Ltd lifted its position in shares of YETI by 13.5% in the third quarter. Covestor Ltd now owns 2,880 shares of the company's stock valued at $118,000 after buying an additional 343 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of YETI by 52.9% in the third quarter. GAMMA Investing LLC now owns 1,223 shares of the company's stock valued at $50,000 after buying an additional 423 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co lifted its position in shares of YETI by 1.6% in the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 29,965 shares of the company's stock valued at $1,229,000 after buying an additional 465 shares during the last quarter. Arizona State Retirement System lifted its position in shares of YETI by 2.0% in the second quarter. Arizona State Retirement System now owns 24,337 shares of the company's stock valued at $928,000 after buying an additional 468 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its position in shares of YETI by 0.3% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 146,236 shares of the company's stock valued at $5,637,000 after buying an additional 480 shares during the last quarter.

YETI Price Performance

YETI stock traded down $1.93 during midday trading on Thursday, reaching $38.72. The company had a trading volume of 2,155,016 shares, compared to its average volume of 1,629,379. 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 $3.28 billion, a price-to-earnings ratio of 16.62, a price-to-earnings-growth ratio of 1.20 and a beta of 2.12. YETI Holdings, Inc. has a 1-year low of $33.41 and a 1-year high of $54.15. The stock has a 50 day moving average price of $38.84 and a 200-day moving average price of $39.24.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. B. Riley lifted 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. TD Cowen dropped their price target on YETI from $46.00 to $44.00 and set a "hold" rating for the company in a report on Monday. Citigroup dropped their price target on YETI from $49.00 to $47.00 and set a "buy" rating for the company in a report on Monday, August 5th. Bank of America cut YETI from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $55.00 to $40.00 in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group reissued a "hold" rating and set a $44.00 price target on shares of YETI in a report on Thursday. One research 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. Based on data from MarketBeat.com, the stock has a consensus 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.