Janus Henderson Group PLC Purchases 15,154 Shares of YETI Holdings, Inc. $YETI

Janus Henderson Group PLC boosted its position in shares of YETI Holdings, Inc. (NYSE:YETIFree Report) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 367,082 shares of the company’s stock after acquiring an additional 15,154 shares during the period. Janus Henderson Group PLC owned 0.48% of YETI worth $13,432,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Baillie Gifford & Co. grew its holdings in YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after buying an additional 1,330,278 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of YETI by 240.7% during the fourth quarter. M&T Bank Corp now owns 38,006 shares of the company’s stock worth $1,679,000 after buying an additional 26,851 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in shares of YETI by 21,066.7% in the first quarter. Hillsdale Investment Management Inc. now owns 95,250 shares of the company’s stock valued at $3,485,000 after acquiring an additional 94,800 shares during the period. Quantedge Capital Pte Ltd bought a new stake in shares of YETI in the first quarter valued at approximately $904,000. Finally, One Capital Management LLC boosted its position in shares of YETI by 32.4% in the fourth quarter. One Capital Management LLC now owns 59,917 shares of the company’s stock valued at $2,647,000 after acquiring an additional 14,666 shares during the period.

YETI Stock Up 1.9%

NYSE YETI opened at $51.75 on Wednesday. YETI Holdings, Inc. has a 1-year low of $30.51 and a 1-year high of $53.21. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 26.41, a PEG ratio of 1.60 and a beta of 1.72. The stock’s 50 day moving average is $49.23 and its two-hundred day moving average is $44.63. The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETIGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. YETI had a return on equity of 22.61% and a net margin of 8.36%.The business had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. During the same period in the prior year, the firm posted $0.31 EPS. YETI’s quarterly revenue was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Equities analysts forecast that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on YETI shares. Stifel Nicolaus set a $42.00 target price on shares of YETI in a research report on Friday, May 15th. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Canaccord Genuity Group increased their price target on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. Robert W. Baird raised their price target on shares of YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Weiss Ratings downgraded shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $52.83.

View Our Latest Stock Report on YETI

About YETI

(Free Report)

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.

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Institutional Ownership by Quarter for YETI (NYSE:YETI)

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