YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Amalgamated Bank

Amalgamated Bank trimmed its position in YETI Holdings, Inc. (NYSE:YETI) by 25.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,908 shares of the company’s stock after selling 13,926 shares during the quarter. Amalgamated Bank’s holdings in YETI were worth $1,637,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of YETI. American Century Companies Inc. boosted its holdings in YETI by 311.4% in the 2nd quarter. American Century Companies Inc. now owns 1,967,215 shares of the company’s stock valued at $75,049,000 after purchasing an additional 1,488,994 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of YETI in the 2nd quarter valued at approximately $23,166,000. Millennium Management LLC raised its stake in shares of YETI by 54.8% in the 2nd quarter. Millennium Management LLC now owns 817,366 shares of the company’s stock valued at $31,183,000 after acquiring an additional 289,298 shares during the period. Marshall Wace LLP raised its stake in shares of YETI by 76.2% in the 2nd quarter. Marshall Wace LLP now owns 607,551 shares of the company’s stock valued at $23,178,000 after acquiring an additional 262,829 shares during the period. Finally, Capital Research Global Investors raised its stake in shares of YETI by 2.4% in the 1st quarter. Capital Research Global Investors now owns 10,418,410 shares of the company’s stock valued at $401,630,000 after acquiring an additional 248,680 shares during the period.

YETI Trading Up 0.3 %

Shares of YETI stock opened at $41.40 on Wednesday. The company has a fifty day simple moving average of $38.80 and a 200-day simple moving average of $39.23. YETI Holdings, Inc. has a 12-month low of $33.41 and a 12-month high of $54.15. The company has a current ratio of 2.58, a quick ratio of 1.22 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 1.12 and a beta of 2.12.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group boosted their price target on shares of YETI from $54.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Piper Sandler reissued an “overweight” rating and issued a $54.00 price target (down from $55.00) on shares of YETI in a research note on Friday, November 8th. Roth Mkm boosted their price target on shares of YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $44.00 target price on shares of YETI in a research note on Monday, September 30th. Finally, Citigroup cut their target price on shares of YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, YETI presently has an average rating of “Hold” and an average target price of $45.46.

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.