YETI Holdings, Inc. $YETI Shares Sold by Aviva PLC

Aviva PLC trimmed its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 11.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,302 shares of the company’s stock after selling 1,983 shares during the period. Aviva PLC’s holdings in YETI were worth $482,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Costello Asset Management INC acquired a new position in YETI during the first quarter valued at $25,000. UMB Bank n.a. raised its stake in shares of YETI by 109.3% during the 2nd quarter. UMB Bank n.a. now owns 896 shares of the company’s stock valued at $28,000 after buying an additional 468 shares during the last quarter. IFP Advisors Inc raised its stake in shares of YETI by 4,552.6% during the 2nd quarter. IFP Advisors Inc now owns 884 shares of the company’s stock valued at $30,000 after buying an additional 865 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of YETI by 61.6% in the 2nd quarter. Parallel Advisors LLC now owns 984 shares of the company’s stock valued at $31,000 after buying an additional 375 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of YETI in the 1st quarter valued at about $34,000.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Raymond James Financial reaffirmed an “outperform” rating and set a $37.00 target price (up from $34.00) on shares of YETI in a report on Friday, August 8th. Jefferies Financial Group reaffirmed a “buy” rating on shares of YETI in a research note on Tuesday, September 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a research note on Wednesday, October 8th. Canaccord Genuity Group increased their price target on shares of YETI from $34.00 to $37.00 and gave the stock a “hold” rating in a report on Friday, November 7th. Finally, Stifel Nicolaus lifted their price objective on shares of YETI from $31.00 to $33.00 and gave the company a “hold” rating in a report on Friday, August 8th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $38.33.

YETI Trading Down 1.9%

Shares of YETI stock opened at $37.89 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.10. YETI Holdings, Inc. has a twelve month low of $26.61 and a twelve month high of $45.25. The firm has a market capitalization of $2.95 billion, a PE ratio of 19.73, a P/E/G ratio of 2.50 and a beta of 1.89. The firm’s 50-day moving average price is $34.84 and its 200 day moving average price is $33.39.

YETI (NYSE:YETI) last announced its earnings results on Thursday, November 6th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.04. The business had revenue of $487.77 million during the quarter, compared to analysts’ expectations of $480.08 million. YETI had a return on equity of 23.62% and a net margin of 8.75%.The business’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.71 earnings per share. YETI has set its FY 2025 guidance at 2.380-2.490 EPS. On average, sell-side analysts predict that YETI Holdings, Inc. will post 2.57 EPS for the current fiscal year.

YETI Profile

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.