Intech Investment Management LLC trimmed its stake in YETI Holdings, Inc. (NYSE:YETI – Free Report) by 39.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,580 shares of the company’s stock after selling 82,322 shares during the period. Intech Investment Management LLC’s holdings in YETI were worth $5,547,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of YETI. Baillie Gifford & Co. increased its position in shares of YETI by 50.9% in the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after purchasing an additional 1,330,278 shares during the last quarter. Cooper Creek Partners Management LLC bought a new position in shares of YETI in the third quarter worth approximately $36,150,000. Disciplined Growth Investors Inc. MN bought a new position in shares of YETI in the third quarter worth approximately $25,640,000. SG Americas Securities LLC increased its position in shares of YETI by 16,553.6% in the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock worth $33,028,000 after purchasing an additional 743,257 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of YETI by 14.3% in the third quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock worth $185,089,000 after purchasing an additional 696,983 shares during the last quarter.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on YETI shares. Robert W. Baird upped their price objective 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. Citigroup upped their price objective on shares of YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Piper Sandler upped their price objective on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Wall Street Zen cut shares of YETI from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Finally, Canaccord Genuity Group upped their price objective on shares of YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.42.
YETI Stock Performance
NYSE:YETI opened at $48.06 on Monday. The business has a 50 day moving average of $39.91 and a 200 day moving average of $42.59. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 1.58 and a beta of 1.74. YETI Holdings, Inc. has a 1-year low of $29.12 and a 1-year high of $51.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06.
YETI (NYSE:YETI – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The company had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.YETI’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, sell-side analysts predict that YETI Holdings, Inc. will post 2.33 earnings per share for the current fiscal year.
YETI Profile
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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