Level Four Advisory Services LLC Has $1.59 Million Stock Holdings in YETI Holdings, Inc. $YETI

Level Four Advisory Services LLC boosted its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 26.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,302 shares of the company’s stock after acquiring an additional 10,577 shares during the period. Level Four Advisory Services LLC’s holdings in YETI were worth $1,586,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Costello Asset Management INC acquired a new stake in shares of YETI during the 1st quarter worth approximately $25,000. UMB Bank n.a. raised its stake in shares of YETI by 109.3% in the second quarter. UMB Bank n.a. now owns 896 shares of the company’s stock valued at $28,000 after purchasing an additional 468 shares in the last quarter. IFP Advisors Inc lifted its position in YETI by 4,552.6% in the second quarter. IFP Advisors Inc now owns 884 shares of the company’s stock worth $30,000 after purchasing an additional 865 shares during the period. Parallel Advisors LLC boosted its stake in YETI by 61.6% during the second quarter. Parallel Advisors LLC now owns 984 shares of the company’s stock worth $31,000 after buying an additional 375 shares in the last quarter. Finally, MAI Capital Management bought a new stake in YETI in the 2nd quarter valued at $31,000.

YETI Price Performance

Shares of YETI stock opened at $41.29 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 2.68 and a beta of 1.89. YETI Holdings, Inc. has a 1-year low of $26.61 and a 1-year high of $45.25. The firm’s 50-day moving average price is $35.52 and its two-hundred day moving average price is $34.17.

YETI (NYSE:YETI) last posted its earnings results on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. The company had revenue of $487.77 million during the quarter, compared to analysts’ expectations of $480.08 million. YETI had a net margin of 8.75% and a return on equity of 23.62%. YETI’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 earnings per share. YETI has set its FY 2025 guidance at 2.380-2.490 EPS. On average, equities analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. William Blair restated an “outperform” rating on shares of YETI in a research note on Tuesday, November 11th. Canaccord Genuity Group increased their price target on shares of YETI from $34.00 to $37.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. Stifel Nicolaus lifted their price objective on YETI from $31.00 to $33.00 and gave the company a “hold” rating in a report on Friday, August 8th. UBS Group upped their price objective on YETI from $35.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of YETI in a research report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $38.33.

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.