Royce & Associates LP Has $27.06 Million Stock Holdings in YETI Holdings, Inc. $YETI

Royce & Associates LP trimmed its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 35.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 612,596 shares of the company’s stock after selling 336,865 shares during the period. Royce & Associates LP’s holdings in YETI were worth $27,058,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in YETI. Richardson Financial Services Inc. acquired a new stake in shares of YETI during the fourth quarter valued at about $25,000. Blue Trust Inc. boosted its stake in shares of YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after purchasing an additional 603 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of YETI by 91.2% during 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 in the last quarter. Quarry LP acquired a new stake in shares of YETI during the third quarter valued at about $30,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of YETI during the third quarter valued at about $39,000.

YETI Price Performance

Shares of YETI opened at $45.25 on Tuesday. YETI Holdings, Inc. has a 1 year low of $28.98 and a 1 year high of $51.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 23.09, a price-to-earnings-growth ratio of 1.49 and a beta of 1.69. The business has a 50-day moving average of $39.10 and a 200-day moving average of $42.26.

YETI (NYSE:YETI) last issued its quarterly earnings data 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. YETI had a return on equity of 22.61% and a net margin of 8.36%.The company had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. During the same period last year, the company earned $0.31 earnings per share. The firm’s revenue was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, equities research analysts anticipate that YETI Holdings, Inc. will post 2.33 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on YETI shares. Raymond James Financial reissued an “outperform” rating and set a $55.00 price target on shares of YETI in a research note on Friday, May 15th. Wall Street Zen lowered YETI from a “buy” rating to a “hold” rating in a research note on Sunday, April 19th. B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and lifted their price target for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Roth Mkm raised YETI from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Tuesday, February 17th. Finally, Weiss Ratings lowered YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company 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.