NFJ Investment Group LLC Decreases Stock Position in YETI Holdings, Inc. $YETI

NFJ Investment Group LLC lowered its stake in YETI Holdings, Inc. (NYSE:YETI) by 71.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,100 shares of the company’s stock after selling 166,496 shares during the period. NFJ Investment Group LLC owned approximately 0.09% of YETI worth $3,008,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Wellington Management Group LLP increased its holdings in YETI by 14.3% during the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock valued at $185,089,000 after purchasing an additional 696,983 shares during the period. Baillie Gifford & Co. increased its holdings in YETI by 50.9% during the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after purchasing an additional 1,330,278 shares during the period. Reinhart Partners LLC. increased its holdings in YETI by 14.0% during the 4th quarter. Reinhart Partners LLC. now owns 3,035,561 shares of the company’s stock valued at $134,081,000 after purchasing an additional 373,641 shares during the period. American Century Companies Inc. increased its holdings in YETI by 38.1% during the 3rd quarter. American Century Companies Inc. now owns 1,981,953 shares of the company’s stock valued at $65,761,000 after purchasing an additional 547,098 shares during the period. Finally, Morgan Stanley increased its holdings in YETI by 117.5% during the 4th quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock valued at $83,232,000 after purchasing an additional 1,017,947 shares during the period.

YETI Price Performance

Shares of YETI opened at $50.42 on Monday. The firm has a market cap of $3.82 billion, a PE ratio of 25.73, a P/E/G ratio of 1.59 and a beta of 1.74. 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 firm has a fifty day simple moving average of $42.26 and a two-hundred day simple moving average of $43.34. YETI Holdings, Inc. has a 1-year low of $29.12 and a 1-year high of $51.49.

YETI (NYSE:YETI) last announced its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. The business had revenue of $380.41 million during the quarter, compared to analyst estimates 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 period in the previous year, the business earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, equities analysts anticipate that YETI Holdings, Inc. will post 2.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on YETI shares. Robert W. Baird upped their target price on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. UBS Group reduced their target price on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and upped their target price for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Roth Mkm upgraded YETI from a “neutral” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Tuesday, February 17th. Finally, Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $50.42.

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.