Clark Capital Management Group Inc. Purchases New Holdings in YETI Holdings, Inc. $YETI

Clark Capital Management Group Inc. purchased a new stake in YETI Holdings, Inc. (NYSE:YETI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,011,236 shares of the company’s stock, valued at approximately $44,666,000. Clark Capital Management Group Inc. owned approximately 1.30% of YETI as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Richardson Financial Services Inc. purchased a new stake in shares of YETI in the 4th quarter valued at approximately $25,000. Blue Trust Inc. lifted its position in shares of YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after acquiring an additional 603 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares in the last quarter. Quarry LP purchased a new stake in shares of YETI in the 3rd quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of YETI in the 4th quarter valued at approximately $44,000.

YETI Stock Performance

Shares of YETI opened at $49.39 on Wednesday. The company’s fifty day moving average is $42.79 and its 200-day moving average is $43.46. YETI Holdings, Inc. has a 12 month low of $29.12 and a 12 month high of $51.89. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 1.57 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) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.26 EPS for the quarter, topping 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 company had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. During the same quarter in the prior year, the business posted $0.31 EPS. YETI’s quarterly revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Equities analysts expect that YETI Holdings, Inc. will post 2.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on YETI. Morgan Stanley upped their price objective on shares of YETI from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Piper Sandler upped their price objective on shares of YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Roth Mkm upgraded shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Tuesday, February 17th. UBS Group dropped their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Finally, Wall Street Zen upgraded shares of YETI from a “hold” rating to a “buy” rating in a research note on Saturday. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $50.42.

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.