Impact Partnership Wealth LLC Takes $423,000 Position in YETI Holdings, Inc. $YETI

Impact Partnership Wealth LLC bought a new stake in shares of YETI Holdings, Inc. (NYSE:YETI) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,574 shares of the company’s stock, valued at approximately $423,000.

A number of other hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in YETI by 14.3% in the 3rd quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock valued at $185,089,000 after acquiring an additional 696,983 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of 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 acquiring an additional 1,330,278 shares during the last quarter. Reinhart Partners LLC. boosted its stake in shares of YETI by 14.0% during the 4th quarter. Reinhart Partners LLC. now owns 3,035,561 shares of the company’s stock worth $134,081,000 after acquiring an additional 373,641 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of YETI by 38.1% during the 3rd quarter. American Century Companies Inc. now owns 1,981,953 shares of the company’s stock worth $65,761,000 after acquiring an additional 547,098 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of YETI by 117.5% in the 4th quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock worth $83,232,000 after acquiring an additional 1,017,947 shares during the last quarter.

YETI Stock Performance

YETI stock opened at $49.26 on Thursday. The stock has a market cap of $3.73 billion, a P/E ratio of 25.13, a P/E/G ratio of 1.56 and a beta of 1.73. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. The firm has a 50 day simple moving average of $45.19 and a 200 day simple moving average of $43.93. YETI Holdings, Inc. has a 52 week low of $30.51 and a 52 week high of $51.89.

YETI (NYSE:YETI) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The company 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 revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Research analysts anticipate that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on YETI shares. Wall Street Zen lowered YETI from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Canaccord Genuity Group increased their price target on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd. Morgan Stanley set a $45.00 price target on YETI in a research note on Tuesday, June 23rd. UBS Group cut their price objective on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Finally, Stifel Nicolaus set a $42.00 price objective on shares of YETI in a research note on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.42.

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.