YETI Holdings, Inc. $YETI Position Reduced by Peregrine Capital Management LLC

Peregrine Capital Management LLC trimmed its position in YETI Holdings, Inc. (NYSE:YETI) by 13.8% in the first quarter, HoldingsChannel.com reports. The firm owned 214,093 shares of the company’s stock after selling 34,301 shares during the quarter. Peregrine Capital Management LLC’s holdings in YETI were worth $7,834,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Richardson Financial Services Inc. bought a new position in YETI during the fourth quarter valued at about $25,000. Blue Trust Inc. lifted its holdings in YETI by 2,079.3% in the 4th 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. boosted 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 purchasing an additional 309 shares in the last quarter. Quarry LP acquired a new position in shares of YETI in the 3rd quarter worth approximately $30,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of YETI in the 4th quarter worth approximately $41,000.

YETI Price Performance

YETI opened at $49.63 on Wednesday. The firm has a market capitalization of $3.76 billion, a P/E ratio of 25.32, a PEG ratio of 1.58 and a beta of 1.74. The stock has a fifty day moving average of $45.03 and a 200-day moving average of $43.91. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a 12-month low of $30.51 and a 12-month high of $51.89.

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

Wall Street Analyst Weigh In

YETI has been the subject of a number of research reports. Raymond James Financial restated an “outperform” rating and set a $55.00 target price on shares of YETI in a report on Friday, May 15th. Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Wall Street Zen lowered YETI from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Stifel Nicolaus set a $42.00 target price on YETI in a research report on Friday, May 15th. Finally, Morgan Stanley set a $45.00 target price on YETI in a report on Tuesday, June 23rd. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, YETI has an average rating of “Moderate Buy” and a consensus price target of $50.42.

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.