Royce & Associates LP Has $27.06 Million Stock Holdings in YETI Holdings, Inc. $YETI

Royce & Associates LP reduced its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 35.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 612,596 shares of the company’s stock after selling 336,865 shares during the quarter. Royce & Associates LP owned 0.79% of YETI worth $27,058,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Congress Asset Management Co. grew its holdings in shares of YETI by 4.8% during the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock worth $57,119,000 after purchasing an additional 59,474 shares in the last quarter. Dean Capital Management grew its holdings in shares of YETI by 40.2% during the 3rd quarter. Dean Capital Management now owns 107,565 shares of the company’s stock worth $3,569,000 after purchasing an additional 30,822 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of YETI by 16,553.6% during the 4th 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 in the last quarter. Baillie Gifford & Co. grew its holdings in shares of YETI by 50.9% during the 4th 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 in the last quarter. Finally, Cresset Asset Management LLC grew its holdings in shares of YETI by 40.4% during the 3rd quarter. Cresset Asset Management LLC now owns 78,292 shares of the company’s stock worth $2,598,000 after purchasing an additional 22,521 shares in the last quarter.

Analyst Upgrades and Downgrades

YETI has been the topic of several analyst reports. B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and increased their target price for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Canaccord Genuity Group increased their target price on YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Friday, May 15th. UBS Group reduced their target price on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Morgan Stanley increased their target price on 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 reissued an “outperform” rating and set a $55.00 target price on shares of YETI in a report on Friday, May 15th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.42.

YETI Stock Performance

NYSE:YETI opened at $45.25 on Tuesday. The stock’s 50-day simple moving average is $39.10 and its 200 day simple moving average is $42.26. The firm has a market capitalization of $3.43 billion, a PE ratio of 23.09, a price-to-earnings-growth ratio of 1.49 and a beta of 1.69. 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 Holdings, Inc. has a twelve month low of $28.98 and a twelve month high of $51.29.

YETI (NYSE:YETI) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.09. The business had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.YETI’s revenue was up 8.3% compared to the same quarter last year. During the same period last year, the firm posted $0.31 earnings per share. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, analysts anticipate that YETI Holdings, Inc. will post 2.33 EPS for the current fiscal year.

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.