YETI Holdings, Inc. $YETI Shares Purchased by California State Teachers Retirement System

California State Teachers Retirement System lifted its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 21.5% in the first quarter, Holdings Channel reports. The firm owned 94,803 shares of the company’s stock after purchasing an additional 16,804 shares during the period. California State Teachers Retirement System’s holdings in YETI were worth $3,469,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. L. Roy Papp & Associates LLP raised its holdings in YETI by 0.5% in the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after buying an additional 240 shares during the period. Cardinal Point Capital Management ULC grew its stake in YETI by 0.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares during the period. SBI Securities Co. Ltd. grew its stake in 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 buying an additional 309 shares during the period. PNC Financial Services Group Inc. grew its stake in YETI by 6.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $250,000 after buying an additional 321 shares during the period. Finally, IFP Advisors Inc increased its position in shares of YETI by 35.4% in the fourth quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock worth $55,000 after acquiring an additional 327 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on YETI. Robert W. Baird raised their target price on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Stifel Nicolaus set a $42.00 price target on YETI in a report on Friday, May 15th. Weiss Ratings lowered YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group upgraded YETI from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $46.00 to $63.00 in a research note on Monday, July 20th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.83.

YETI Stock Up 0.5%

Shares of NYSE:YETI opened at $52.13 on Friday. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 1.65 and a beta of 1.72. The company has a 50 day moving average of $49.52 and a two-hundred day moving average of $44.71. YETI Holdings, Inc. has a 52-week low of $31.56 and a 52-week high of $53.99. 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 posted its earnings results on Thursday, May 14th. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The business had revenue of $380.41 million for the quarter, compared to analysts’ expectations of $374.73 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period 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. As a group, analysts forecast that YETI Holdings, Inc. will post 2.44 earnings per share 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.