YETI Holdings, Inc. $YETI Position Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in YETI Holdings, Inc. (NYSE:YETI) by 3.5% during the third quarter, HoldingsChannel.com reports. The firm owned 666,723 shares of the company’s stock after buying an additional 22,551 shares during the quarter. JPMorgan Chase & Co.’s holdings in YETI were worth $22,122,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in YETI. Westwood Holdings Group Inc. lifted its holdings in shares of YETI by 110.2% during the 2nd quarter. Westwood Holdings Group Inc. now owns 2,507,921 shares of the company’s stock valued at $79,050,000 after buying an additional 1,314,878 shares during the last quarter. Norges Bank bought a new position in YETI during the second quarter valued at approximately $32,995,000. Engaged Capital LLC lifted its stake in YETI by 40.1% in the second quarter. Engaged Capital LLC now owns 2,162,518 shares of the company’s stock valued at $68,163,000 after acquiring an additional 619,000 shares during the last quarter. Jupiter Asset Management Ltd. bought a new stake in YETI in the second quarter worth approximately $19,285,000. Finally, Reinhart Partners LLC. increased its stake in shares of YETI by 24.2% during the 3rd quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock worth $88,323,000 after purchasing an additional 519,102 shares during the last quarter.

Insider Activity

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $45.32, for a total transaction of $442,141.92. Following the transaction, the senior vice president owned 56,397 shares of the company’s stock, valued at approximately $2,555,912.04. The trade was a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.08% of the company’s stock.

YETI Trading Down 3.4%

Shares of NYSE:YETI opened at $43.61 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. The stock’s 50-day moving average is $46.96 and its 200-day moving average is $40.33. The company has a market cap of $3.39 billion, a P/E ratio of 21.48, a P/E/G ratio of 2.43 and a beta of 1.77. YETI Holdings, Inc. has a 52-week low of $26.61 and a 52-week high of $51.29.

YETI (NYSE:YETI) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. The firm had revenue of $583.71 million during the quarter, compared to the consensus estimate of $582.43 million. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities research analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus lifted their price objective on shares of YETI from $34.00 to $43.00 and gave the company a “hold” rating in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YETI in a research report on Wednesday, January 21st. Robert W. Baird upped their price target on YETI from $52.00 to $54.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. KeyCorp raised YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price objective on the stock in a research note on Friday, January 16th. Finally, Citigroup boosted their target price on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, YETI has a consensus rating of “Moderate Buy” and an average target price of $50.08.

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.