De Lisle Partners LLP Invests $533,000 in YETI Holdings, Inc. (NYSE:YETI)

De Lisle Partners LLP bought a new stake in shares of YETI Holdings, Inc. (NYSE:YETI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,000 shares of the company’s stock, valued at approximately $533,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC increased its position in shares of YETI by 65.8% during the first quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock worth $2,630,000 after purchasing an additional 27,076 shares in the last quarter. International Assets Investment Management LLC raised its stake in YETI by 26,657.7% in the third quarter. International Assets Investment Management LLC now owns 43,615 shares of the company’s stock valued at $1,790,000 after buying an additional 43,452 shares during the last quarter. Schwartz Investment Counsel Inc. boosted its holdings in YETI by 7.5% in the third quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company’s stock worth $14,859,000 after acquiring an additional 25,300 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of YETI during the third quarter worth about $1,415,000. Finally, Algert Global LLC increased its holdings in shares of YETI by 443.0% during the third quarter. Algert Global LLC now owns 47,550 shares of the company’s stock valued at $1,951,000 after acquiring an additional 38,793 shares in the last quarter.

Analyst Ratings Changes

YETI has been the topic of several research analyst reports. Citigroup dropped their target price on shares of YETI from $49.00 to $47.00 and set a “buy” rating on the stock in a research report on Monday, August 5th. Roth Mkm raised their target price on YETI from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, August 9th. Piper Sandler reiterated an “overweight” rating and set a $54.00 price target (down previously from $55.00) on shares of YETI in a research note on Friday, November 8th. KeyCorp raised their price objective on YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a research note on Friday, August 9th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $44.00 target price on shares of YETI in a research report on Thursday, November 14th. One equities 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. According to data from MarketBeat, YETI has a consensus rating of “Hold” and a consensus price target of $45.46.

YETI Stock Performance

YETI opened at $40.33 on Friday. The firm has a fifty day moving average price of $39.02 and a 200 day moving average price of $39.44. YETI Holdings, Inc. has a 1 year low of $33.41 and a 1 year high of $54.15. The stock has a market cap of $3.42 billion, a P/E ratio of 17.31, a P/E/G ratio of 1.16 and a beta of 2.12. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.58 and a quick ratio of 1.45.

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.