YETI Holdings, Inc. $YETI Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its position in YETI Holdings, Inc. (NYSE:YETI) by 38.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 847,874 shares of the company’s stock after acquiring an additional 235,490 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in YETI were worth $34,780,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in YETI. Reinhart Partners LLC. increased its stake in YETI by 5.1% during the second quarter. Reinhart Partners LLC. now owns 3,277,296 shares of the company’s stock worth $162,423,000 after acquiring an additional 158,957 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of YETI by 3.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,887,097 shares of the company’s stock worth $69,043,000 after purchasing an additional 70,273 shares during the period. Quantinno Capital Management LP raised its holdings in shares of YETI by 46.0% in the 1st quarter. Quantinno Capital Management LP now owns 1,871,188 shares of the company’s stock worth $68,467,000 after purchasing an additional 589,205 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of YETI in the 2nd quarter valued at about $57,971,000. Finally, Clark Capital Management Group Inc. acquired a new position in shares of YETI in the 4th quarter valued at about $44,666,000.

Analysts Set New Price Targets

A number of analysts recently issued reports on YETI shares. Piper Sandler increased their target price on shares of YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Canaccord Genuity Group lifted their price target on shares of YETI from $45.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, September 28th. Robert W. Baird lifted their price target on shares of YETI from $55.00 to $57.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. LADENBURG THALM/SH SH started coverage on shares of YETI in a research note on Tuesday. They set a “buy” rating and a $52.00 price objective for the company. Finally, Stifel Nicolaus raised shares of YETI from a “hold” rating to a “buy” rating and increased their price objective for the stock from $45.00 to $50.00 in a research report on Friday, September 18th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, YETI presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.73.

YETI Price Performance

Shares of NYSE YETI opened at $40.42 on Thursday. YETI Holdings, Inc. has a fifty-two week low of $32.26 and a fifty-two week high of $53.99. The business has a 50 day moving average price of $42.57 and a two-hundred day moving average price of $44.20. The company has a quick ratio of 0.87, a current ratio of 1.75 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.95 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 1.02 and a beta of 1.68.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.13. YETI had a net margin of 9.24% and a return on equity of 23.79%. The firm had revenue of $483.87 million for the quarter, compared to analysts’ expectations of $483.80 million. During the same period in the prior year, the company posted $0.66 earnings per share. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Sell-side analysts expect that YETI Holdings, Inc. will post 2.58 earnings per share for the current fiscal year.

About YETI

YETI Holdings, Inc is a designer, retailer and distributor of premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas, and focuses on products designed for outdoor recreation, travel and everyday use.

YETI’s product portfolio includes insulated drinkware, hard and soft coolers, outdoor gear, bags, luggage, cookware, outdoor living products and related accessories. Its offerings are marketed for activities such as fishing, hunting, camping, boating, sporting events and other outdoor pursuits, with an emphasis on durability and performance.

The company sells its products through its direct-to-consumer website, company-operated retail stores and third-party retailers and distributors.