Empirical Finance LLC Has $774,000 Position in YETI Holdings, Inc. $YETI

Empirical Finance LLC lowered its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 53.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,611 shares of the company’s stock after selling 17,669 shares during the quarter. Empirical Finance LLC’s holdings in YETI were worth $774,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. raised its position in shares of YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Quarry LP bought a new stake in shares of YETI during the 3rd quarter worth $30,000. Safe Harbor Fiduciary LLC bought a new stake in shares of YETI during the 4th quarter worth $41,000. Meeder Asset Management Inc. acquired a new position in YETI in the 4th quarter valued at $44,000. Finally, SJS Investment Consulting Inc. grew its stake in YETI by 56.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,385 shares of the company’s stock valued at $51,000 after buying an additional 497 shares during the last quarter.

Analyst Ratings Changes

Several research analysts recently commented on YETI shares. Wall Street Zen upgraded shares of YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Canaccord Genuity Group upped their price target on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. Piper Sandler raised their price target on YETI from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Morgan Stanley lifted their price objective on YETI from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $80.00 price objective on shares of YETI in a research report on Thursday, August 13th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, YETI has a consensus rating of “Moderate Buy” and an average target price of $55.57.

YETI Trading Down 2.7%

Shares of YETI stock opened at $39.41 on Friday. The company’s fifty day simple moving average is $46.88 and its 200-day simple moving average is $43.99. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.06 and a beta of 1.70. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. YETI Holdings, Inc. has a 1 year low of $31.66 and a 1 year high of $53.99.

YETI (NYSE:YETI) last announced its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. The business had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. YETI had a net margin of 9.24% and a return on equity of 23.79%. YETI’s revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.66 earnings per share. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, sell-side analysts expect that YETI Holdings, Inc. will post 2.58 EPS for the current year.

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.