YETI Holdings, Inc. $YETI Position Trimmed by First Trust Advisors LP

First Trust Advisors LP decreased its holdings in YETI Holdings, Inc. (NYSE:YETI) by 45.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 91,016 shares of the company’s stock after selling 76,527 shares during the quarter. First Trust Advisors LP’s holdings in YETI were worth $3,330,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Richardson Financial Services Inc. acquired a new stake in shares of YETI during the 4th quarter valued at $25,000. Blue Trust Inc. grew its holdings in shares of YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after acquiring an additional 603 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the period. Quarry LP acquired a new stake in shares of YETI during the third quarter worth $30,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of YETI during the fourth quarter valued at $41,000.

Analyst Upgrades and Downgrades

YETI has been the subject of a number of recent analyst reports. Morgan Stanley set a $45.00 price target on YETI in a research report on Tuesday, June 23rd. Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. UBS Group upped their price objective on shares of YETI from $45.00 to $51.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Stifel Nicolaus set a $42.00 target price on shares of YETI in a report on Friday, May 15th. Finally, The Goldman Sachs Group raised shares of YETI from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $46.00 to $63.00 in a research report on Monday, July 20th. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $52.83.

YETI Stock Performance

Shares of YETI stock opened at $51.93 on Friday. The stock has a market cap of $3.93 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.66 and a beta of 1.72. The business has a fifty day simple moving average of $49.44 and a 200-day simple moving average of $44.66. 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 12 month low of $30.51 and a 12 month high of $53.99.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. The business had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.YETI’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 earnings per share. 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 EPS for the current fiscal year.

YETI 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.