Teachers Retirement System of The State of Kentucky Has $7.92 Million Stake in YETI Holdings, Inc. $YETI

Teachers Retirement System of The State of Kentucky increased its position in YETI Holdings, Inc. (NYSE:YETI) by 13.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 179,255 shares of the company’s stock after acquiring an additional 21,567 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in YETI were worth $7,919,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Reinhart Partners LLC. increased its stake in shares of YETI by 24.2% in the third quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock valued at $88,323,000 after buying an additional 519,102 shares during the period. Congress Asset Management Co. increased its stake in shares of YETI by 4.8% in the fourth quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock valued at $57,119,000 after buying an additional 59,474 shares during the period. SG Americas Securities LLC increased its stake in shares of YETI by 16,553.6% in the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock valued at $33,028,000 after buying an additional 743,257 shares during the period. Cardinal Capital Management acquired a new position in shares of YETI in the third quarter valued at approximately $1,077,000. Finally, Baillie Gifford & Co. increased its stake in shares of YETI by 50.9% in the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after buying an additional 1,330,278 shares during the period.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Stifel Nicolaus set a $41.00 price objective on YETI in a research note on Thursday, April 16th. Citigroup upped their price objective on YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Morgan Stanley reduced their target price on YETI from $48.00 to $47.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 10th. Robert W. Baird upped their target price on YETI from $52.00 to $54.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Finally, 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. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $49.00.

YETI Stock Performance

Shares of YETI stock opened at $40.01 on Monday. The business’s 50 day simple moving average is $39.91 and its 200 day simple moving average is $41.28. YETI Holdings, Inc. has a one year low of $27.34 and a one year high of $51.29. The stock has a market capitalization of $3.03 billion, a PE ratio of 19.71 and a beta of 1.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.98 and a quick ratio of 1.11.

YETI (NYSE:YETI) last announced its earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.88 by $0.04. YETI had a return on equity of 22.53% and a net margin of 8.85%.The business had revenue of $583.71 million for the quarter, compared to analysts’ expectations of $582.43 million. During the same period in the prior year, the business posted $1.00 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, research analysts forecast that YETI Holdings, Inc. will post 2.33 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.