Compass DiversifiedCODI
CODI
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 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
708% more call options, than puts
Call options by funds: $2.6M | Put options by funds: $322K
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
36% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 58
6% more funds holding
Funds holding: 209 [Q3] → 221 (+12) [Q4]
6% more capital invested
Capital invested by funds: $974M [Q3] → $1.03B (+$55.8M) [Q4]
0.73% more ownership
Funds ownership: 58.33% [Q3] → 59.05% (+0.73%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$34
63%
upside
Avg. target
$34
63%
upside
High target
$34
63%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
TD Cowen Lance Vitanza 69% 1-year accuracy 18 / 26 met price target | 63%upside $34 | Buy Initiated | 27 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 days ago
Compass Diversified Director James Bottiglieri Announces Retirement
WESTPORT, Conn., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that current director James J. Bottiglieri (“Jim”) advised the Board of Directors (the “Board”) on February 14, 2025 that he plans to retire prior to the Company's 2025 annual shareholders meeting (the “2025 Annual Meeting”). Mr. Bottiglieri will remain on the Company's Board and as a member of each of the Company's Nominating and Corporate Governance Committee and Audit Committee up and until the Company's 2025 Annual Meeting. Mr. Bottiglieri joined the Board in December of 2005. He served as the Company's Chief Financial Officer and as an Executive Vice President of the Company's Manager from 2005 to 2013. The Company does not currently intend to fill the Board vacancy created by Mr. Bottiglieri's retirement.
Neutral
GlobeNewsWire
1 week ago
Compass Diversified Announces Fourth Quarter and Full Year 2024 Earnings and Conference Call Information
WESTPORT, Conn., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, February 27, 2025, at 5:00 p.m. ET.
Neutral
GlobeNewsWire
1 month 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.
Positive
Seeking Alpha
1 month 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.
Positive
Seeking Alpha
1 month 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%.
Neutral
GlobeNewsWire
1 month 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.
Neutral
GlobeNewsWire
1 month 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.
Neutral
PRNewsWire
1 month 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).
Neutral
GlobeNewsWire
2 months 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.
Positive
Seeking Alpha
2 months 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.
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