D.A. Davidson & CO. Acquires 15,065 Shares of YETI Holdings, Inc. $YETI

D.A. Davidson & CO. grew its holdings in YETI Holdings, Inc. (NYSE:YETI) by 35.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 57,849 shares of the company’s stock after buying an additional 15,065 shares during the quarter. D.A. Davidson & CO.’s holdings in YETI were worth $2,117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Twin Capital Management Inc. purchased a new position in YETI during the 1st quarter valued at $866,000. Hillsdale Investment Management Inc. boosted its stake in shares of YETI by 21,066.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 95,250 shares of the company’s stock valued at $3,485,000 after purchasing an additional 94,800 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of YETI by 65.1% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,142 shares of the company’s stock valued at $371,000 after buying an additional 4,000 shares during the period. State of Michigan Retirement System raised its stake in YETI by 2.2% in the first quarter. State of Michigan Retirement System now owns 18,747 shares of the company’s stock worth $686,000 after buying an additional 400 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in YETI by 3.7% in the first quarter. Principal Financial Group Inc. now owns 173,711 shares of the company’s stock worth $6,356,000 after buying an additional 6,218 shares during the period.

YETI Stock Performance

YETI stock opened at $50.91 on Tuesday. The stock has a market capitalization of $3.86 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.61 and a beta of 1.73. YETI Holdings, Inc. has a 12-month low of $30.51 and a 12-month high of $53.21. The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. The stock’s 50 day simple moving average is $47.48 and its 200 day simple moving average is $44.37.

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on YETI shares. Raymond James Financial reiterated an “outperform” rating and set a $55.00 target price on shares of YETI in a report on Friday, May 15th. Canaccord Genuity Group raised their target price on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd. Morgan Stanley set a $45.00 price target on YETI in a research report on Tuesday, June 23rd. Wall Street Zen raised YETI from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, UBS Group increased their price objective on YETI from $45.00 to $51.00 and gave the stock a “neutral” rating in a report on Thursday. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, YETI currently has an average rating of “Moderate Buy” and an average target price of $52.83.

YETI Company 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.