Janus Henderson Group PLC Purchases 15,154 Shares of YETI Holdings, Inc. $YETI

Janus Henderson Group PLC raised its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 367,082 shares of the company’s stock after buying an additional 15,154 shares during the period. Janus Henderson Group PLC’s holdings in YETI were worth $13,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Baillie Gifford & Co. boosted its holdings in shares of YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after acquiring an additional 1,330,278 shares in the last quarter. Cooper Creek Partners Management LLC acquired a new stake in YETI during the 3rd quarter valued at $36,150,000. Morgan Stanley raised its position in YETI by 117.5% in the 4th quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock valued at $83,232,000 after purchasing an additional 1,017,947 shares during the last quarter. Clark Capital Management Group Inc. bought a new position in YETI in the 4th quarter valued at $44,666,000. Finally, Disciplined Growth Investors Inc. MN acquired a new position in YETI in the third quarter worth $25,640,000.

YETI Trading Up 1.9%

YETI opened at $51.75 on Wednesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 1.60 and a beta of 1.72. The firm has a 50 day simple moving average of $49.23 and a 200 day simple moving average of $44.63. YETI Holdings, Inc. has a fifty-two week low of $30.51 and a fifty-two week high of $53.21.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The firm had revenue of $380.41 million for the quarter, compared to analysts’ expectations of $374.73 million. During the same period last year, the firm earned $0.31 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, sell-side analysts anticipate that YETI Holdings, Inc. will post 2.44 earnings per share for the current year.

Wall Street Analyst Weigh In

YETI has been the topic of several research analyst reports. Weiss Ratings cut YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Canaccord Genuity Group lifted their price target on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. Stifel Nicolaus set a $42.00 price target on shares of YETI in a research report on Friday, May 15th. Raymond James Financial reissued an “outperform” rating and set a $55.00 price objective on shares of YETI in a report on Friday, May 15th. Finally, Morgan Stanley set a $45.00 price objective on shares of YETI in a research report on Tuesday, June 23rd. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.83.

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.