State of New Jersey Common Pension Fund D lifted its holdings in YETI Holdings, Inc. (NYSE:YETI – Get Rating) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,098 shares of the company's stock after purchasing an additional 9,662 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.07% of YETI worth $1,714,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. EFG Asset Management North America Corp. lifted its position in shares of YETI by 97.8% in the third quarter. EFG Asset Management North America Corp. now owns 23,477 shares of the company's stock worth $670,000 after purchasing an additional 11,606 shares in the last quarter. Chatham Capital Group Inc. raised its position in YETI by 5.2% during the third quarter. Chatham Capital Group Inc. now owns 46,508 shares of the company's stock worth $1,326,000 after acquiring an additional 2,300 shares in the last quarter. US Bancorp DE raised its position in YETI by 35.4% during the third quarter. US Bancorp DE now owns 1,730 shares of the company's stock worth $49,000 after acquiring an additional 452 shares in the last quarter. Keybank National Association OH bought a new stake in YETI during the third quarter worth $220,000. Finally, CWM LLC raised its position in YETI by 74.5% during the third quarter. CWM LLC now owns 1,591 shares of the company's stock worth $45,000 after acquiring an additional 679 shares in the last quarter. Institutional investors own 94.24% of the company's stock.

YETI Price Performance

NYSE:YETI opened at $42.93 on Friday. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 19.88, a P/E/G ratio of 1.13 and a beta of 2.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.74 and a current ratio of 2.34. YETI Holdings, Inc. has a 52 week low of $27.86 and a 52 week high of $70.57. The firm's 50-day simple moving average is $42.81 and its 200 day simple moving average is $39.88.

Analysts Set New Price Targets

Several research firms have issued reports on YETI. Cowen lowered shares of YETI from an "outperform" rating to a "market perform" rating and set a $47.00 price target on the stock. in a research report on Wednesday. Cowen lowered shares of YETI from an "outperform" rating to a "market perform" rating and set a $47.00 price target on the stock. in a research report on Wednesday. UBS Group dropped their price target on shares of YETI to $45.00 in a research report on Wednesday, November 16th. Credit Suisse Group upped their price objective on shares of YETI to $62.00 in a report on Wednesday, November 16th. Finally, Piper Sandler upped their price objective on shares of YETI from $48.00 to $57.00 and gave the company an "overweight" rating in a report on Friday, November 11th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, YETI currently has an average rating of "Moderate Buy" and a consensus price target of $57.67.

YETI Company Profile

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YETI Holdings, Inc engages in the design, marketing, and distribution of products for the outdoor and recreation market. Its products include coolers, drinkware, travel bags, backpacks, multipurpose buckets, outdoor chairs, blankets, dog bowls, apparel, and accessories. The company was founded by Roy J.

Further Reading

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