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

Clark Capital Management Group Inc. bought a new stake in YETI Holdings, Inc. (NYSE:YETI) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,011,236 shares of the company’s stock, valued at approximately $44,666,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP grew its stake in YETI by 14.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock valued at $185,089,000 after buying an additional 696,983 shares during the last quarter. Baillie Gifford & Co. boosted its holdings in YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after purchasing an additional 1,330,278 shares during the period. Reinhart Partners LLC. boosted its holdings in YETI by 14.0% in the 4th quarter. Reinhart Partners LLC. now owns 3,035,561 shares of the company’s stock valued at $134,081,000 after purchasing an additional 373,641 shares during the period. American Century Companies Inc. boosted its holdings in YETI by 38.1% in the 3rd quarter. American Century Companies Inc. now owns 1,981,953 shares of the company’s stock valued at $65,761,000 after purchasing an additional 547,098 shares during the period. Finally, Morgan Stanley boosted its holdings 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 period.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Stifel Nicolaus set a $42.00 price target on shares of YETI in a report on Friday, May 15th. Weiss Ratings downgraded shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. B. Riley Financial raised shares of YETI from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Robert W. Baird raised their price objective on shares of YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Morgan Stanley raised their price objective on shares of YETI from $47.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, YETI currently has an average rating of “Moderate Buy” and an average price target of $50.42.

YETI Price Performance

NYSE:YETI opened at $49.39 on Wednesday. The company has a 50-day moving average of $42.79 and a 200-day moving average of $43.46. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 1.57 and a beta of 1.74. YETI Holdings, Inc. has a 52 week low of $29.12 and a 52 week high of $51.89. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10.

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