YETI Holdings, Inc. (NYSE:YETI) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 13.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,476,911 shares of the company’s stock after acquiring an additional 179,005 shares during the period. Dimensional Fund Advisors LP owned approximately 1.73% of YETI worth $56,351,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. SG Americas Securities LLC lifted its stake in YETI by 259.4% in the 1st quarter. SG Americas Securities LLC now owns 21,170 shares of the company’s stock valued at $816,000 after buying an additional 15,280 shares in the last quarter. Congress Asset Management Co. MA lifted its stake in YETI by 7.7% in the 1st quarter. Congress Asset Management Co. MA now owns 790,900 shares of the company’s stock valued at $30,489,000 after buying an additional 56,881 shares in the last quarter. BOKF NA lifted its stake in YETI by 12,075.3% in the 1st quarter. BOKF NA now owns 18,263 shares of the company’s stock valued at $701,000 after buying an additional 18,113 shares in the last quarter. Azzad Asset Management Inc. ADV lifted its stake in YETI by 97.8% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 51,760 shares of the company’s stock valued at $1,995,000 after buying an additional 25,592 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its stake in YETI by 65.8% in the 1st quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock valued at $2,630,000 after buying an additional 27,076 shares in the last quarter.

Analyst Ratings Changes

YETI has been the topic of a number of research reports. TD Cowen raised their target price on shares of YETI from $43.00 to $46.00 and gave the stock a “hold” rating in a research note on Friday, August 9th. B. Riley raised their target price on shares of YETI from $38.00 to $45.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Bank of America raised shares of YETI from a “neutral” rating to a “buy” rating and raised their target price for the stock from $46.00 to $55.00 in a research note on Thursday, August 8th. Piper Sandler reissued an “overweight” rating and issued a $54.00 target price on shares of YETI in a research note on Tuesday, July 30th. Finally, Canaccord Genuity Group reissued a “hold” rating and issued a $44.00 target price on shares of YETI in a research note on Monday, September 9th. One equities research 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. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $46.43.

YETI Stock Up 0.7 %

YETI stock opened at $40.68 on Friday. YETI Holdings, Inc. has a fifty-two week low of $33.88 and a fifty-two week high of $54.15. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 2.29. The firm has a 50 day moving average price of $39.46 and a 200 day moving average price of $38.92. The company has a market capitalization of $3.47 billion, a PE ratio of 20.24, a price-to-earnings-growth ratio of 1.13 and a beta of 2.11.

YETI (NYSE:YETI) last posted its earnings results on Thursday, August 8th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.06. YETI had a net margin of 10.66% and a return on equity of 28.83%. The firm had revenue of $463.50 million during the quarter, compared to the consensus estimate of $452.42 million. During the same quarter last year, the firm earned $0.51 EPS. The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. Research analysts expect that YETI Holdings, Inc. will post 2.35 earnings per share for the current year.

YETI 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.