CODI icon

Compass Diversified

21.49 USD
+0.02
0.09%
At close Jan 17, 4:00 PM EST
After hours
21.49
+0.00
0.00%
1 day
0.09%
5 days
3.92%
1 month
-10.16%
3 months
-2.32%
6 months
-10.46%
Year to date
-5.54%
1 year
0.70%
5 years
-8.08%
10 years
31.68%
 

About: Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.

Employees: 4,014

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

244% more call options, than puts

Call options by funds: $3.45M | Put options by funds: $1M

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

9% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 65

0% less capital invested

Capital invested by funds: $978M [Q2] → $974M (-$4.09M) [Q3]

0% less funds holding

Funds holding: 209 [Q2] → 208 (-1) [Q3]

1.01% less ownership

Funds ownership: 59.34% [Q2] → 58.33% (-1.01%) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$34
58%
upside
Avg. target
$34
58%
upside
High target
$34
58%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
TD Cowen
Lance Vitanza
63% 1-year accuracy
15 / 24 met price target
58%upside
$34
Buy
Initiated
27 Nov 2024

Financial journalist opinion

Based on 6 articles about CODI published over the past 30 days

Neutral
GlobeNewsWire
5 days ago
Compass Diversified Holdings Announces Amendment of its Management Services Agreement
WESTPORT, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses (the “ Company ” or “ CODI ”), announced today that on January 15, 2025, it entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the Company's Manager (the “ Amendment ”). The Amendment, commencing in the first quarter beginning on January 1, 2025, restructures the management fee under the existing Management Services Agreement to consist of a base management fee and an incentive management fee. Pursuant to the Amendment, the base management fee will be (i) 2.0% of the Company's adjusted net assets when the adjusted net assets are less than or equal to $3.5 billion (the “ Initial Threshold Fee ”), (ii) the Initial Threshold Fee, plus 1.25% of the amount of adjusted net assets exceeding $3.5 billion when the adjusted net assets are more than $3.5 billion but less than $10 billion, or (iii) 1.5% of the Company's adjusted net assets when the adjusted net assets are $10 billion or more.
Compass Diversified Holdings Announces Amendment of its Management Services Agreement
Positive
Seeking Alpha
6 days ago
Compass Diversified: Undervalued With A Growing Diamond Subsidiary
Compass Diversified offers a solid opportunity for income investors, trading at an attractive valuation with a near-5% yield amid recent market volatility. CODI's unique permanent capital structure and long-term ownership approach support sustained growth, driven by strong performance in its branded consumer segment, especially Lugano Diamonds. Despite challenges in the industrial segment, CODI's overall robust financial performance and promising growth outlook make it a compelling pick for income and long-term value investors.
Compass Diversified: Undervalued With A Growing Diamond Subsidiary
Positive
Seeking Alpha
1 week ago
2 Preferred Stocks +7% Yield, Sleep Well At Night
Rising life expectancy implies your portfolio must last longer than ever before. The Income Method can help. Preferred stocks improve portfolio defense by ensuring income stability through interest rate changes. We discuss two top-tier preferreds, with yields of up to 8%.
2 Preferred Stocks +7% Yield, Sleep Well At Night
Neutral
GlobeNewsWire
1 week ago
Compass Diversified Holdings Announces Amendment of its Credit Agreement
WESTPORT, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced that on January 9, 2025, it entered into a First Incremental Facility Amendment (the “Amendment”) to its existing Credit Agreement with Bank of America, N.A., as Administrative Agent for the Lenders party thereto.
Compass Diversified Holdings Announces Amendment of its Credit Agreement
Neutral
GlobeNewsWire
2 weeks ago
Compass Diversified Holdings Announces Changes to its Board of Directors
WESTPORT, Conn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses, announced today that current director Gordon M. Burns advised the Board of Directors (the “Board”) on January 3, 2025, he will not be standing for re-election at the Company's 2025 annual shareholders meeting due to other commitments. Effective as of January 3, 2025, Mr. Burns stepped down as the Chair of the Company's Nominating & Corporate Governance Committee (the “Nominating Committee”). Mr. Burns will remain on the Company's Board and as a member of each of the Company's Nominating Committee and Compensation Committee up and until the Company's 2025 annual shareholders meeting. Mr. Burns joined the Board in May of 2008.
Compass Diversified Holdings Announces Changes to its Board of Directors
Neutral
PRNewsWire
3 weeks ago
Highlander Partners Acquires Juvenile Products Leader Ergobaby
DALLAS , Dec. 30, 2024 /PRNewswire/ -- Highlander Partners, L.P. ("Highlander"), a Dallas-based private investment firm, today announced the acquisition of The Ergo Baby Carrier, Inc., ("Ergobaby" or the "Company") from Compass Diversified (NYSE: CODI).
Highlander Partners Acquires Juvenile Products Leader Ergobaby
Neutral
GlobeNewsWire
1 month ago
Compass Diversified to Host Investor Day on January 16, 2025, in New York City
WESTPORT, Conn., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced that it will host its investor day on Thursday, January 16, 2025, at 9:30am ET at Convene's One Liberty Plaza location in New York City.
Compass Diversified to Host Investor Day on January 16, 2025, in New York City
Positive
Seeking Alpha
1 month ago
Compass Diversified Preferred: Well-Covered 8% Yield, Adjusted EBITDA Up 27% In 2024
Compass Diversified Preferred 7.875% C Shares offer high yield income and stability, generating over 51% return for Hidden Dividend Stocks Plus subscribers through attractive quarterly dividends. CODI's diverse holdings, including high-growth brands like Lugano, contributed significantly to its improved financial performance, with a 28% rise in Adjusted EBITDA in Q1-3 '24. Preferred dividends are well-covered, with a 7.65X coverage ratio in Q1-3 '24, and the shares offer an 8.32% yield at the current price.
Compass Diversified Preferred: Well-Covered 8% Yield, Adjusted EBITDA Up 27% In 2024
Neutral
Seeking Alpha
2 months ago
Worried About A Recession? Income Solutions With Yields Up To 13%
Time in the market trumps timing the market, but the timing of your retirement matters. In retirement, you need a portfolio capable of providing reliable income and mitigating sequence of return risk. We discuss two robust picks geared to provide steady income in retirement.
Worried About A Recession? Income Solutions With Yields Up To 13%
Neutral
Seeking Alpha
2 months ago
Compass Diversified (CODI) Q3 2024 Earnings Call Transcript
Compass Diversified (NYSE:CODI ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Cody Slach - Senior MD & Director of Investor Relation Elias Sabo - Partner & CEO Patrick Maciariello - Partner & COO Stephen Keller - Executive Vice President & CFO Conference Call Participants Larry Solow - CJS Securities Matt Koranda - ROTH Capital Matthew Howlett - Jefferies Robert Dodd - Raymond James Operator Good afternoon, and welcome to Compass Diversified's Third Quarter 2024 Conference Call. Today's call is being recorded.
Compass Diversified (CODI) Q3 2024 Earnings Call Transcript
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