Franklin Resources Inc. acquired a new stake in Revelyst, Inc. (NYSE:GEAR – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 141,433 shares of the company’s stock, valued at approximately $2,720,000. Franklin Resources Inc. owned 0.24% of Revelyst at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of GEAR. State of Alaska Department of Revenue purchased a new stake in Revelyst during the fourth quarter worth about $637,000. Bank of New York Mellon Corp purchased a new stake in Revelyst during the 4th quarter worth approximately $7,811,000. Royce & Associates LP purchased a new stake in Revelyst during the 4th quarter worth approximately $214,000. Maryland State Retirement & Pension System acquired a new stake in Revelyst during the 4th quarter worth approximately $379,000. Finally, PNC Financial Services Group Inc. purchased a new position in Revelyst in the 4th quarter valued at approximately $36,000. 90.51% of the stock is currently owned by hedge funds and other institutional investors.
Revelyst Trading Up 4.5 %
Revelyst stock opened at $20.08 on Friday. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of -111.56 and a beta of 0.75. The stock’s fifty day moving average is $20.08. Revelyst, Inc. has a twelve month low of $18.90 and a twelve month high of $20.09. The company has a quick ratio of 1.26, a current ratio of 2.90 and a debt-to-equity ratio of 0.48.
Revelyst Company Profile
Vista Outdoor Inc is the parent company of renowned brands which design, manufacture and market sporting and outdoor products. The company’s operating segment includes Outdoor Products and Sporting Products. Its brand portfolio includes Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.
Featured Articles
- Five stocks we like better than Revelyst
- What is a Low P/E Ratio and What Does it Tell Investors?
- Robinhood Strategies Could Be a Game-Changer for Young Investors
- Canada Bond Market Holiday: How to Invest and Trade
- Are These 3 Retail Stocks Oversold or Really in Trouble?
- Compound Interest and Why It Matters When Investing
- IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead
Want to see what other hedge funds are holding GEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Revelyst, Inc. (NYSE:GEAR – Free Report).
Receive News & Ratings for Revelyst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revelyst and related companies with MarketBeat.com's FREE daily email newsletter.
