Elo Mutual Pension Insurance Co Purchases New Shares in YETI Holdings, Inc. $YETI

Elo Mutual Pension Insurance Co acquired a new stake in shares of YETI Holdings, Inc. (NYSE:YETI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 22,229 shares of the company’s stock, valued at approximately $738,000.

A number of other hedge funds have also recently bought and sold shares of YETI. LRI Investments LLC raised its holdings in shares of YETI by 8.0% in the third quarter. LRI Investments LLC now owns 4,170 shares of the company’s stock valued at $138,000 after purchasing an additional 309 shares during the last quarter. Arizona State Retirement System lifted its position in shares of YETI by 1.4% during the third quarter. Arizona State Retirement System now owns 24,506 shares of the company’s stock valued at $813,000 after purchasing an additional 346 shares in the last quarter. Versant Capital Management Inc boosted its holdings in YETI by 2.7% during the third quarter. Versant Capital Management Inc now owns 13,311 shares of the company’s stock worth $442,000 after purchasing an additional 354 shares during the last quarter. Moody National Bank Trust Division grew its position in YETI by 2.5% in the 3rd quarter. Moody National Bank Trust Division now owns 14,740 shares of the company’s stock worth $489,000 after purchasing an additional 356 shares in the last quarter. Finally, Assetmark Inc. grew its position in YETI by 6.9% in the 3rd quarter. Assetmark Inc. now owns 7,388 shares of the company’s stock worth $245,000 after purchasing an additional 479 shares in the last quarter.

Wall Street Analyst Weigh In

YETI has been the topic of several recent analyst reports. The Goldman Sachs Group reissued a “neutral” rating and set a $45.00 target price on shares of YETI in a research report on Tuesday, January 27th. Citigroup upped their target price on YETI from $44.00 to $53.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Morgan Stanley set a $48.00 price target on YETI in a research report on Friday, January 16th. KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price target on the stock in a report on Friday, January 16th. Finally, B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and upped their price objective for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, YETI currently has an average rating of “Moderate Buy” and an average price target of $50.08.

YETI Price Performance

YETI stock opened at $40.42 on Friday. The firm has a 50 day moving average of $46.67 and a 200-day moving average of $40.53. The firm has a market capitalization of $3.04 billion, a P/E ratio of 19.91, a price-to-earnings-growth ratio of 2.33 and a beta of 1.77. YETI Holdings, Inc. has a 12 month low of $26.61 and a 12 month high of $51.29. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11.

YETI (NYSE:YETI) last posted its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The business had revenue of $583.71 million for the quarter, compared to analysts’ expectations of $582.43 million. During the same period in the prior year, the company posted $1.00 EPS. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. As a group, sell-side analysts predict that YETI Holdings, Inc. will post 2.57 earnings per share for the current fiscal year.

Insider Buying and Selling at YETI

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the stock in a transaction 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 sale, the senior vice president owned 56,397 shares in the company, valued at approximately $2,555,912.04. This trade represents a 14.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.94% of the company’s stock.

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.