YETI Holdings, Inc. $YETI Shares Purchased by Sei Investments Co.

Sei Investments Co. increased its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 49.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 179,637 shares of the company’s stock after purchasing an additional 59,307 shares during the quarter. Sei Investments Co.’s holdings in YETI were worth $6,573,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in YETI. L. Roy Papp & Associates LLP increased its stake in shares of YETI by 0.5% during the 4th quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after acquiring an additional 240 shares during the last quarter. Cardinal Point Capital Management ULC boosted its position in shares of YETI by 0.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after acquiring an additional 300 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. PNC Financial Services Group Inc. increased its position 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 purchasing an additional 321 shares during the last quarter. Finally, IFP Advisors Inc increased its position in YETI by 35.4% during the fourth quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock worth $55,000 after purchasing an additional 327 shares during the last quarter.

YETI Price Performance

YETI opened at $50.72 on Tuesday. 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 52-week low of $30.51 and a 52-week high of $53.21. The company has a 50 day moving average of $49.11 and a two-hundred day moving average of $44.61. The company has a market cap of $3.84 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.54 and a beta of 1.72.

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

Analysts Set New Price Targets

YETI has been the topic of a number of research analyst reports. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and lifted their price target for the company from $46.00 to $63.00 in a report on Monday, July 20th. Robert W. Baird upped their price objective on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Canaccord Genuity Group increased their target price on YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a research report on Tuesday, June 23rd. Wall Street Zen upgraded YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Finally, Stifel Nicolaus set a $42.00 price target on YETI in a research report on Friday, May 15th. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.83.

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.