<div id="readability-page-1"><p>Gates Capital Management Inc. bought a new stake in  YETI Holdings, Inc. (NYSE:YETI - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund bought 3,514,819 shares of the company's stock, valued at approximately $135,356,000. YETI accounts for about  2.5% of Gates Capital Management Inc.'s investment portfolio, making the stock its 10th biggest holding. Gates Capital Management Inc. owned about 4.14% of YETI as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>3 Consumer Discretionary Stocks Ready for a Comeback in 2025</li></ul><p>Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allworth Financial LP increased its position in  YETI by 237.1% during the 4th quarter. Allworth Financial LP now owns 664 shares of the company's stock worth $25,000 after purchasing an additional 467 shares in the last quarter.  Wilmington Savings Fund Society FSB acquired a new stake in shares of  YETI in the third quarter worth $38,000.  Aster Capital Management DIFC Ltd purchased a new position in shares of  YETI in the 4th quarter valued at $44,000.  Pilgrim Partners Asia Pte Ltd purchased a new position in  YETI in the fourth quarter valued at about $45,000.  Finally, Blue Trust Inc. boosted its position in shares of  YETI by 38.4% in the fourth quarter. Blue Trust Inc. now owns 1,200 shares of the company's stock worth $49,000 after buying an additional 333 shares during the period. </p><h2>YETI Price Performance</h2><p>NYSE YETI opened at $28.14 on Friday. YETI Holdings, Inc. has a 12 month low of $26.61 and a 12 month high of $45.25. The firm has a market capitalization of $2.33 billion, a PE ratio of 13.66, a P/E/G ratio of 1.05 and a beta of 1.91. The company's 50 day simple moving average is $30.85 and its 200 day simple moving average is $35.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.36. </p><ul><li>Academy Sports Stock is Selling at a Discount</li></ul><p>YETI (NYSE:YETI - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. YETI had a net margin of 9.60% and a return on equity of 28.23%. The company had revenue of $351.13 million during the quarter, compared to the consensus estimate of $347.72 million. During the same period in the prior year, the company earned $0.34 EPS. YETI's revenue was up 2.8% on a year-over-year basis.  As a group, equities research analysts forecast that  YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several equities analysts recently commented on YETI shares. Morgan Stanley boosted their price target on YETI from $33.00 to $34.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Friday. Canaccord Genuity Group lowered their target price on YETI from $44.00 to $42.00 and set a &#34;hold&#34; rating for the company in a research note on Friday, February 14th. UBS Group reduced their price target on YETI from $43.00 to $31.00 and set a &#34;neutral&#34; rating for the company in a report on Thursday, April 17th. The Goldman Sachs Group cut their price target on shares of YETI from $41.00 to $29.00 and set a &#34;neutral&#34; rating on the stock in a report on Tuesday, April 22nd. Finally, Robert W. Baird decreased their price objective on shares of YETI from $50.00 to $40.00 and set an &#34;outperform&#34; rating for the company in a report on Friday, April 11th. Ten analysts have rated the stock with a hold rating and five have issued  a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of &#34;Hold&#34; and an average target price of $39.40.</p><ul><li>This Still-Young Stock Is A Favorite Among Big Investors</li></ul><p><b>Get Our Latest Stock Analysis on YETI</b></p><h2>About YETI</h2> (Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than YETI</li><li>What Investors Need to Know to Beat the Market</li><li>Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?</li><li>What is a Death Cross in Stocks?</li><li>MarketBeat Week in Review – 05/05 - 05/09</li><li>Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?</li><li>Google Is Betting Big on Nuclear Reactors—Should You?</li></ul><p><strong>Want to see what other hedge funds are holding YETI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for YETI Holdings, Inc. (NYSE:YETI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVlFVEk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVlFVEk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in YETI Right Now?</h2><p>Before you consider YETI, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and YETI wasn't on the list.</p><p>While YETI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

YETI

<p>Gates Capital Management Inc. has invested $135.36 million in YETI Holdings, Inc. by acquiring 3,514,819 shares, making it the 10th largest holding in their portfolio. YETI represents about 4.14% of Gates' investments. The stock has seen various institutional investors increase their stakes recently. YETI's current stock price is $28.14, with a market cap of $2.33 billion. The company reported earnings of $0.31 per share, surpassing estimates, and has a projected EPS of 2.57 for the fiscal year. Analysts have mixed ratings on the stock, with an average target price of $39.40.</p>

Gates Capital Management Inc. Invests $135.36 Million in YETI Holdings, Inc. (NYSE:YETI)