YETI Holdings, Inc. $YETI Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. grew its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 38.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,981,953 shares of the company’s stock after buying an additional 547,098 shares during the period. American Century Companies Inc. owned 2.55% of YETI worth $65,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Reinhart Partners LLC. lifted its stake in shares of YETI by 24.2% in the 3rd quarter. Reinhart Partners LLC. now owns 2,661,920 shares of the company’s stock worth $88,323,000 after acquiring an additional 519,102 shares during the period. Level Four Advisory Services LLC increased its stake in shares of YETI by 26.6% during the second quarter. Level Four Advisory Services LLC now owns 50,302 shares of the company’s stock valued at $1,586,000 after acquiring an additional 10,577 shares during the period. Cardinal Capital Management bought a new stake in YETI during the third quarter worth approximately $1,077,000. Lecap Asset Management Ltd. acquired a new stake in YETI in the third quarter worth approximately $744,000. Finally, WCM Investment Management LLC lifted its position in YETI by 19.0% in the third quarter. WCM Investment Management LLC now owns 563,881 shares of the company’s stock worth $19,240,000 after purchasing an additional 90,158 shares during the period.

Insider Buying and Selling

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $45.32, for a total value of $442,141.92. Following the transaction, the senior vice president directly owned 56,397 shares of the company’s stock, valued at approximately $2,555,912.04. This trade represents a 14.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.94% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on YETI. UBS Group lifted their price target on YETI from $38.00 to $51.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Citigroup raised their target price on YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Canaccord Genuity Group boosted their price target on shares of YETI from $37.00 to $40.00 and gave the stock a “hold” rating in a research report on Thursday, January 8th. B. Riley Financial raised shares of YETI from a “neutral” rating to a “buy” rating and upped their price target for the company from $35.00 to $54.00 in a report on Friday, February 20th. Finally, Stifel Nicolaus raised their price objective on shares of YETI from $34.00 to $43.00 and gave the company a “hold” rating in a research report on Friday, December 12th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, YETI has an average rating of “Moderate Buy” and an average target price of $50.08.

YETI Stock Down 1.8%

NYSE:YETI opened at $42.67 on Thursday. YETI Holdings, Inc. has a 1-year low of $26.61 and a 1-year high of $51.29. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 21.02, a PEG ratio of 2.41 and a beta of 1.77. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average price is $46.85 and its 200 day moving average price is $40.48.

YETI (NYSE:YETI) last issued its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. The company had revenue of $583.71 million for 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 quarterly revenue was up 6.8% on a year-over-year basis. 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. On average, sell-side analysts forecast that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal 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.