Maven Securities LTD bought a new stake in shares of YETI Holdings, Inc. (NYSE:YETI – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $1,325,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in YETI by 14.3% during the third quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock valued at $185,089,000 after acquiring an additional 696,983 shares during the last quarter. Baillie Gifford & Co. lifted its position in YETI by 50.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after acquiring an additional 1,330,278 shares during the last quarter. Reinhart Partners LLC. lifted its position in YETI by 14.0% during the fourth quarter. Reinhart Partners LLC. now owns 3,035,561 shares of the company’s stock valued at $134,081,000 after acquiring an additional 373,641 shares during the last quarter. American Century Companies Inc. lifted its position in YETI by 38.1% during the third quarter. American Century Companies Inc. now owns 1,981,953 shares of the company’s stock valued at $65,761,000 after acquiring an additional 547,098 shares during the last quarter. Finally, Morgan Stanley lifted its position in YETI by 117.5% during the fourth quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock valued at $83,232,000 after acquiring an additional 1,017,947 shares during the last quarter.
Analysts Set New Price Targets
YETI has been the subject of a number of analyst reports. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Tuesday, February 17th. Citigroup increased their target price on shares of YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings cut shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Morgan Stanley raised their price target on shares of YETI from $47.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price target on shares of YETI in a 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, YETI presently has an average rating of “Moderate Buy” and an average price target of $50.42.
YETI Stock Up 0.0%
Shares of NYSE YETI opened at $50.42 on Monday. The company’s 50-day simple moving average is $42.26 and its 200-day simple moving average is $43.34. YETI Holdings, Inc. has a 52-week low of $29.12 and a 52-week high of $51.49. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 25.73, a price-to-earnings-growth ratio of 1.59 and a beta of 1.74. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10.
YETI (NYSE:YETI – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The business had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. During the same quarter last year, the business earned $0.31 earnings per share. The company’s revenue for the quarter 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 predict that YETI Holdings, Inc. will post 2.44 EPS for the current fiscal year.
YETI Company 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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