Impact Partnership Wealth LLC Purchases New Stake in YETI Holdings, Inc. $YETI

Impact Partnership Wealth LLC acquired a new position in shares of YETI Holdings, Inc. (NYSE:YETI) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,574 shares of the company’s stock, valued at approximately $423,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. L. Roy Papp & Associates LLP increased its holdings in YETI by 0.5% in the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after buying an additional 240 shares during the last quarter. Cardinal Point Capital Management ULC increased its holdings in shares of YETI by 0.7% in the 4th quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock valued at $1,848,000 after acquiring an additional 300 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of YETI by 91.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of YETI by 6.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after acquiring an additional 321 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake 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.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd. Stifel Nicolaus set a $42.00 price target on shares of YETI in a research report on Friday, May 15th. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price target on shares of YETI in a report on Friday, May 15th. Robert W. Baird boosted their price objective on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, UBS Group lowered their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.42.

YETI Trading Down 0.6%

Shares of YETI stock opened at $49.26 on Thursday. YETI Holdings, Inc. has a 1 year low of $30.51 and a 1 year high of $51.89. The firm has a market capitalization of $3.73 billion, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.73. The stock has a fifty day moving average of $45.19 and a two-hundred day moving average of $43.93. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10.

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

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.