YETI Holdings, Inc. $YETI Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its holdings in YETI Holdings, Inc. (NYSE:YETI) by 15.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,400 shares of the company’s stock after acquiring an additional 11,200 shares during the period. Stephens Inc. AR owned about 0.10% of YETI worth $2,660,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of YETI. Wealth Enhancement Advisory Services LLC grew its stake in shares of YETI by 1,239.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 75,436 shares of the company’s stock worth $2,497,000 after acquiring an additional 69,806 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of YETI by 95.5% in the first quarter. Janney Montgomery Scott LLC now owns 23,759 shares of the company’s stock worth $786,000 after acquiring an additional 11,604 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of YETI by 24.4% in the first quarter. Oppenheimer Asset Management Inc. now owns 46,320 shares of the company’s stock worth $1,533,000 after acquiring an additional 9,084 shares in the last quarter. Schwartz Investment Counsel Inc. grew its stake in shares of YETI by 9.9% in the first quarter. Schwartz Investment Counsel Inc. now owns 351,950 shares of the company’s stock worth $11,650,000 after acquiring an additional 31,600 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of YETI by 8.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 66,596 shares of the company’s stock worth $2,244,000 after acquiring an additional 5,199 shares in the last quarter.

Wall Street Analysts Forecast Growth

YETI has been the subject of several analyst reports. Citigroup boosted their price target on shares of YETI from $36.00 to $44.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Canaccord Genuity Group boosted their price target on shares of YETI from $33.00 to $34.00 and gave the stock a “hold” rating in a report on Friday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a report on Wednesday, October 8th. Raymond James Financial reiterated an “outperform” rating and set a $37.00 price target (up previously from $34.00) on shares of YETI in a report on Friday, August 8th. Finally, Stifel Nicolaus upped their target price on shares of YETI from $31.00 to $33.00 and gave the company a “hold” rating in a report on Friday, August 8th. Five research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $38.54.

YETI Stock Down 0.1%

Shares of YETI stock opened at $34.90 on Thursday. The company has a market cap of $2.83 billion, a P/E ratio of 16.62, a PEG ratio of 2.46 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.48 and a current ratio of 2.52. YETI Holdings, Inc. has a one year low of $26.61 and a one year high of $45.25. The firm has a fifty day moving average of $34.65 and a two-hundred day moving average of $32.58.

YETI (NYSE:YETI) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.12. The business had revenue of $445.89 million during the quarter, compared to the consensus estimate of $461.73 million. YETI had a net margin of 9.73% and a return on equity of 24.60%. The business’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 EPS. YETI has set its FY 2025 guidance at 2.340-2.480 EPS. On average, analysts forecast that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.

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.