Principal Financial Group Inc. Sells 43,752 Shares of YETI Holdings, Inc. $YETI

Principal Financial Group Inc. cut its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 19.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 180,569 shares of the company’s stock after selling 43,752 shares during the period. Principal Financial Group Inc.’s holdings in YETI were worth $5,991,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of YETI. Westwood Holdings Group Inc. raised its position in shares of YETI by 110.2% during the second quarter. Westwood Holdings Group Inc. now owns 2,507,921 shares of the company’s stock worth $79,050,000 after purchasing an additional 1,314,878 shares during the period. Norges Bank bought a new stake in YETI during the 2nd quarter worth approximately $32,995,000. Engaged Capital LLC raised its holdings in YETI by 40.1% during the 2nd quarter. Engaged Capital LLC now owns 2,162,518 shares of the company’s stock worth $68,163,000 after buying an additional 619,000 shares during the period. Jupiter Asset Management Ltd. acquired a new stake in YETI during the 2nd quarter worth approximately $19,285,000. Finally, William Blair Investment Management LLC bought a new position in YETI in the second quarter valued at approximately $16,960,000.

Insiders Place Their Bets

In other YETI news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $45.32, for a total value of $442,141.92. Following the completion of the transaction, the senior vice president directly owned 56,397 shares in the company, valued at $2,555,912.04. This trade represents a 14.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.94% of the stock is currently owned by corporate insiders.

YETI Price Performance

Shares of NYSE YETI opened at $48.06 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.16 and a quick ratio of 1.16. The business has a 50-day moving average of $46.45 and a 200-day moving average of $39.51. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 2.64 and a beta of 1.77. YETI Holdings, Inc. has a fifty-two week low of $26.61 and a fifty-two week high of $51.29.

Key Stories Impacting YETI

Here are the key news stories impacting YETI this week:

• Positive Sentiment: Brand product momentum — lifestyle coverage highlights YETI gear for ice fishing, reinforcing seasonal demand for coolers and accessories. Read More.
• Positive Sentiment: New, lower-price collection may broaden appeal — YETI launched the Ridgeline collection with items starting at $25, which could help expand addressable customers and drive volume. Read More.
• Positive Sentiment: Product innovation / expansion — coverage of YETI’s first hiking pack signals extension of the product portfolio beyond coolers/drinkware, supporting longer-term growth potential. Read More.
• Positive Sentiment: Promotions supporting near-term sales — consumer deals (best cooler on sale this weekend) may boost short-term revenue and traffic. Read More.
• Neutral Sentiment: Investor calendar note — reminders that YETI will report earnings this week provide timing context but not new guidance. Traders often reposition ahead of reports. Read More.
• Neutral Sentiment: Analyst/coverage discussion — post-Q3 buy/sell/hold pieces summarize past performance and strategy but do not provide new financials; useful for positioning but not catalytic by itself. Read More.
• Neutral Sentiment: Unrelated brand coverage — an eMTB review references “Yeti” (Yeti Cycles), which is a different company/brand and should not be treated as direct operating news for YETI Holdings. Read More.
• Negative Sentiment: Profitability / cash flow concerns — reporting highlights weakening cash flow and returns, which could pressure valuation multiples and investor confidence ahead of the Q4 print. Read More.
• Negative Sentiment: Earnings preview expects a decline — Zacks notes Q4 earnings are expected to decline, increasing the risk of an earnings miss and downward stock reaction if guidance or results disappoint. Read More.

Analyst Upgrades and Downgrades

YETI has been the subject of several research reports. Morgan Stanley set a $48.00 price objective on shares of YETI in a research report on Friday, January 16th. Canaccord Genuity Group increased their target price on YETI from $37.00 to $40.00 and gave the stock a “hold” rating in a report on Thursday, January 8th. William Blair restated an “outperform” rating on shares of YETI in a report on Tuesday, November 11th. UBS Group upped their price objective on YETI from $38.00 to $51.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, KeyCorp raised YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price on the stock in a research report on Friday, January 16th. Seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, YETI currently has an average rating of “Hold” and an average target price of $44.42.

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.