American Century Companies Inc. Buys 547,098 Shares of YETI Holdings, Inc. $YETI

American Century Companies Inc. grew its position in YETI Holdings, Inc. (NYSE:YETI) by 38.1% during the 3rd quarter, Holdings Channel reports. The firm owned 1,981,953 shares of the company’s stock after purchasing an additional 547,098 shares during the quarter. American Century Companies Inc.’s holdings in YETI were worth $65,761,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Reinhart Partners LLC. boosted its position in YETI by 24.2% in the third quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock valued at $88,323,000 after buying an additional 519,102 shares in the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of YETI by 110.2% during the second quarter. Westwood Holdings Group Inc. now owns 2,507,921 shares of the company’s stock worth $79,050,000 after buying an additional 1,314,878 shares in the last quarter. Engaged Capital LLC raised its stake in shares of YETI by 40.1% in the second quarter. Engaged Capital LLC now owns 2,162,518 shares of the company’s stock valued at $68,163,000 after acquiring an additional 619,000 shares during the last quarter. Norges Bank acquired a new position in shares of YETI in the 2nd quarter worth approximately $32,995,000. Finally, Quantinno Capital Management LP grew its position in YETI by 37.6% during the 2nd quarter. Quantinno Capital Management LP now owns 893,321 shares of the company’s stock worth $28,157,000 after acquiring an additional 244,128 shares during the last quarter.

Insider Buying and Selling at YETI

In other news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $45.32, for a total value of $442,141.92. Following the transaction, the senior vice president directly owned 56,397 shares in the company, valued at $2,555,912.04. This trade represents a 14.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.94% of the stock is currently owned by company insiders.

YETI Stock Down 1.8%

Shares of NYSE YETI opened at $42.67 on Thursday. YETI Holdings, Inc. has a 1 year low of $26.61 and a 1 year high of $51.29. The firm’s 50-day moving average is $46.85 and its 200-day moving average is $40.48. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $3.21 billion, a PE ratio of 21.02, a price-to-earnings-growth ratio of 2.41 and a beta of 1.77.

YETI (NYSE:YETI) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The business had revenue of $583.71 million for the quarter, compared to analyst estimates of $582.43 million. During the same period in the prior year, the business posted $1.00 earnings per share. YETI’s revenue was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities analysts expect that YETI Holdings, Inc. will post 2.57 EPS for the current year.

Analysts Set New Price Targets

YETI has been the subject of a number of recent analyst reports. UBS Group raised their price target on YETI from $38.00 to $51.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. The Goldman Sachs Group restated a “neutral” rating and issued a $45.00 target price on shares of YETI in a research note on Tuesday, January 27th. Citigroup lifted their price target on YETI from $44.00 to $53.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Robert W. Baird upped their price target on shares of YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, Morgan Stanley set a $48.00 price objective on shares of YETI in a research report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $50.08.

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.