Louisiana State Employees Retirement System Makes New Investment in YETI Holdings, Inc. $YETI

Louisiana State Employees Retirement System purchased a new stake in YETI Holdings, Inc. (NYSE:YETI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 22,600 shares of the company’s stock, valued at approximately $827,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Richardson Financial Services Inc. bought a new stake in shares of YETI during the 4th quarter worth $25,000. Blue Trust Inc. grew its position in YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after acquiring an additional 603 shares during the last quarter. SBI Securities Co. Ltd. raised 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 acquiring an additional 309 shares in the last quarter. Quarry LP acquired a new position in YETI during the third quarter worth about $30,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of YETI in the fourth quarter worth about $41,000.

Wall Street Analyst Weigh In

YETI has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Raymond James Financial reiterated an “outperform” rating and set a $55.00 price objective on shares of YETI in a research report on Friday, May 15th. Robert W. Baird increased their price objective 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. UBS Group cut their target price on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Finally, Stifel Nicolaus set a $42.00 target price on shares of YETI in a research note on Friday, May 15th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, YETI has an average rating of “Moderate Buy” and an average target price of $50.42.

YETI Stock Down 0.3%

Shares of NYSE YETI opened at $49.54 on Monday. The company has a 50 day simple moving average of $45.53 and a 200 day simple moving average of $44.01. The firm has a market cap of $3.75 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 1.57 and a beta of 1.73. YETI Holdings, Inc. has a 1 year low of $30.51 and a 1 year high of $51.89. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06.

YETI (NYSE:YETI) last posted its earnings results on Thursday, May 14th. The company reported $0.26 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 business had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. During the same period last year, the company earned $0.31 EPS. The firm’s 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, research analysts forecast that YETI Holdings, Inc. will post 2.44 EPS for the current 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.