Royce & Associates LP Boosts Position in YETI Holdings, Inc. $YETI

Royce & Associates LP lifted its holdings in YETI Holdings, Inc. (NYSE:YETI) by 1.2% during the third quarter, Holdings Channel reports. The fund owned 949,461 shares of the company’s stock after buying an additional 11,690 shares during the quarter. Royce & Associates LP’s holdings in YETI were worth $31,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its holdings in YETI by 9.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock valued at $214,000 after purchasing an additional 569 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of YETI by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock valued at $9,527,000 after buying an additional 14,920 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of YETI by 25.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 403,113 shares of the company’s stock valued at $12,706,000 after buying an additional 82,048 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of YETI in the second quarter worth about $1,890,000. Finally, Assetmark Inc. boosted its stake in shares of YETI by 7.6% in the second quarter. Assetmark Inc. now owns 6,909 shares of the company’s stock worth $218,000 after buying an additional 488 shares during the last quarter.

YETI Stock Performance

Shares of NYSE:YETI opened at $43.61 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.98 and a quick ratio of 1.11. YETI Holdings, Inc. has a 1 year low of $26.61 and a 1 year high of $51.29. The firm has a market capitalization of $3.39 billion, a PE ratio of 21.48, a P/E/G ratio of 2.43 and a beta of 1.77. The business’s 50 day moving average price is $46.96 and its 200-day moving average price is $40.33.

YETI (NYSE:YETI) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.04. The company had revenue of $583.71 million for the quarter, compared to analysts’ expectations of $582.43 million. YETI had a net margin of 8.85% and a return on equity of 22.53%. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, equities research analysts expect that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on YETI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a research report on Wednesday, January 21st. UBS Group raised their price objective on shares of YETI from $38.00 to $51.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $45.00 target price on shares of YETI in a research note on Tuesday, January 27th. Robert W. Baird lifted their price objective on shares of YETI from $52.00 to $54.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, Morgan Stanley set a $48.00 price target on YETI in a research note on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $50.08.

Insider Transactions at YETI

In other YETI news, SVP Bryan C. Barksdale sold 9,756 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $45.32, for a total value of $442,141.92. Following the completion of the sale, the senior vice president owned 56,397 shares in the company, valued at approximately $2,555,912.04. This represents a 14.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.08% of the company’s stock.

About YETI

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.