YETI Holdings, Inc. $YETI Stock Holdings Lessened by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 1.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,229,586 shares of the company’s stock after selling 22,670 shares during the quarter. Bank of New York Mellon Corp’s holdings in YETI were worth $44,991,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. L. Roy Papp & Associates LLP lifted its stake in shares of YETI by 0.5% in the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock worth $2,345,000 after buying an additional 240 shares during the last quarter. Cardinal Point Capital Management ULC grew its position in YETI by 0.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares in the last quarter. SBI Securities Co. Ltd. grew its position 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 buying an additional 309 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in YETI by 6.0% during the fourth 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 during the period. Finally, IFP Advisors Inc lifted its position in shares of YETI by 35.4% in the 4th quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock worth $55,000 after acquiring an additional 327 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Raymond James Financial restated an “outperform” rating and issued a $55.00 target price on shares of YETI in a research note on Friday, May 15th. Morgan Stanley set a $45.00 price target on shares of YETI in a report on Tuesday, June 23rd. The Goldman Sachs Group upgraded shares of YETI from a “neutral” rating to a “buy” rating and increased their price objective for the company from $46.00 to $63.00 in a research note on Monday. Robert W. Baird lifted their target price 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, Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, YETI currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.83.

YETI Trading Up 0.5%

NYSE:YETI opened at $50.36 on Friday. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 1.58 and a beta of 1.73. The business’s 50-day moving average price is $48.32 and its two-hundred day moving average price is $44.55. The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a 1-year low of $30.51 and a 1-year high of $53.21.

YETI (NYSE:YETI) last posted its earnings results 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. YETI had a net margin of 8.36% and a return on equity of 22.61%. The company had revenue of $380.41 million for the quarter, compared to analyst estimates of $374.73 million. During the same period last year, the business posted $0.31 earnings per share. The business’s revenue for the quarter 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, equities analysts expect that YETI Holdings, Inc. will post 2.44 earnings per share 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.