188,824 Shares in YETI Holdings, Inc. $YETI Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new stake in shares of YETI Holdings, Inc. (NYSE:YETI) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 188,824 shares of the company’s stock, valued at approximately $9,358,000.

Several other hedge funds have also bought and sold shares of YETI. SBI Securities Co. Ltd. increased 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 bought a new stake in shares of YETI in the 3rd quarter worth approximately $30,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of YETI in the 4th quarter worth approximately $41,000. Meeder Asset Management Inc. purchased a new stake in shares of YETI in the 4th quarter worth approximately $44,000. Finally, SJS Investment Consulting Inc. increased its position in YETI by 56.0% during 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 in the last quarter.

YETI Stock Down 1.3%

YETI stock opened at $41.02 on Tuesday. YETI Holdings, Inc. has a 12 month low of $31.66 and a 12 month high of $53.99. The stock has a fifty day simple moving average of $48.32 and a two-hundred day simple moving average of $44.39. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 1.08 and a beta of 1.72.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on YETI. Morgan Stanley lifted their price objective on YETI from $48.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, August 20th. Roth Capital reissued a “buy” rating and issued a $62.00 target price on shares of YETI in a research note on Friday, August 14th. UBS Group raised their price target on YETI from $45.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Raymond James Financial lifted their price target on YETI from $55.00 to $56.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Finally, Canaccord Genuity Group upped their price target on shares of YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a research note on Tuesday, June 23rd. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $55.57.

About YETI

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.