YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd boosted its stake in YETI Holdings, Inc. (NYSE:YETI) by 63.3% in the 2nd quarter, Holdings Channel reports. The firm owned 9,283 shares of the company’s stock after purchasing an additional 3,597 shares during the period. XTX Topco Ltd’s holdings in YETI were worth $354,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in YETI. Vanguard Personalized Indexing Management LLC grew its stake in shares of YETI by 34.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 13,846 shares of the company’s stock valued at $528,000 after buying an additional 3,585 shares in the last quarter. Amalgamated Bank boosted its holdings in YETI by 1.9% during the 2nd quarter. Amalgamated Bank now owns 53,834 shares of the company’s stock valued at $2,054,000 after acquiring an additional 1,028 shares during the period. Dimensional Fund Advisors LP increased its stake in YETI by 13.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,476,911 shares of the company’s stock worth $56,351,000 after purchasing an additional 179,005 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of YETI during the second quarter worth about $980,000. Finally, Mystic Asset Management Inc. boosted its stake in shares of YETI by 4.3% in the second quarter. Mystic Asset Management Inc. now owns 19,328 shares of the company’s stock valued at $737,000 after purchasing an additional 803 shares during the period.

Wall Street Analyst Weigh In

A number of research firms have issued reports on YETI. KeyCorp increased their target price on shares of YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a report on Friday, August 9th. Bank of America upgraded YETI from a “neutral” rating to a “buy” rating and increased their price objective for the company from $46.00 to $55.00 in a research note on Thursday, August 8th. TD Cowen boosted their target price on YETI from $43.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 9th. Jefferies Financial Group increased their price target on YETI from $54.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Finally, Roth Mkm boosted their price objective on YETI from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $46.43.

YETI Stock Up 4.4 %

Shares of NYSE:YETI opened at $40.37 on Friday. The firm has a 50 day simple moving average of $39.43 and a 200-day simple moving average of $38.90. YETI Holdings, Inc. has a twelve month low of $33.88 and a twelve month high of $54.15. The company has a current ratio of 2.29, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $3.42 billion, a PE ratio of 20.08, a P/E/G ratio of 1.13 and a beta of 2.11.

YETI (NYSE:YETI) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. The firm had revenue of $463.50 million during the quarter, compared to analysts’ expectations of $452.42 million. YETI had a net margin of 10.66% and a return on equity of 28.83%. YETI’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. On average, equities analysts predict that YETI Holdings, Inc. will post 2.35 EPS for the current fiscal year.

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.