YETI Holdings, Inc. $YETI Holdings Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 3.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 666,723 shares of the company’s stock after buying an additional 22,551 shares during the period. JPMorgan Chase & Co. owned approximately 0.86% of YETI worth $22,122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Westwood Holdings Group Inc. lifted its position in YETI by 110.2% in the 2nd quarter. Westwood Holdings Group Inc. now owns 2,507,921 shares of the company’s stock worth $79,050,000 after buying an additional 1,314,878 shares in the last quarter. Cooper Creek Partners Management LLC purchased a new position in shares of YETI during the 3rd quarter valued at $36,150,000. Norges Bank acquired a new position in shares of YETI in the second quarter worth $32,995,000. Disciplined Growth Investors Inc. MN acquired a new position in shares of YETI in the third quarter worth $25,640,000. Finally, Wellington Management Group LLP raised its holdings in shares of YETI by 14.3% during the third quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock worth $185,089,000 after acquiring an additional 696,983 shares in the last quarter.

YETI Price Performance

Shares of NYSE:YETI opened at $36.95 on Wednesday. The stock has a market capitalization of $2.78 billion, a P/E ratio of 18.20 and a beta of 1.77. The business has a 50-day moving average of $44.36 and a two-hundred day moving average of $40.77. YETI Holdings, Inc. has a fifty-two week low of $26.61 and a fifty-two week high of $51.29. 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 (NYSE:YETI) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. YETI had a return on equity of 22.53% and a net margin of 8.85%.The business had revenue of $583.71 million for the quarter, compared to analyst estimates of $582.43 million. During the same quarter in the prior year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. On average, equities research analysts predict that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

YETI has been the subject of a number of research reports. Stifel Nicolaus lifted their price objective on YETI from $34.00 to $43.00 and gave the company a “hold” rating in a research report on Friday, December 12th. Robert W. Baird upped their target price on YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YETI in a research note on Wednesday, January 21st. Canaccord Genuity Group lifted their price target on YETI from $37.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, January 8th. Finally, B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and boosted their price target for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $50.00.

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.