YETI Holdings, Inc. $YETI Shares Sold by Peregrine Capital Management LLC

Peregrine Capital Management LLC reduced its holdings in YETI Holdings, Inc. (NYSE:YETI) by 13.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 214,093 shares of the company’s stock after selling 34,301 shares during the quarter. Peregrine Capital Management LLC owned approximately 0.28% of YETI worth $7,834,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of YETI. Richardson Financial Services Inc. acquired a new stake in YETI during the fourth quarter worth about $25,000. Blue Trust Inc. boosted its stake in YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after acquiring an additional 603 shares during the period. SBI Securities Co. Ltd. boosted its stake in YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Quarry LP bought a new position in shares of YETI during the third quarter valued at approximately $30,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of YETI during the fourth quarter valued at approximately $41,000.

Analyst Ratings Changes

YETI has been the topic of several recent research reports. Morgan Stanley set a $45.00 price target on YETI in a report on Tuesday, June 23rd. UBS Group lowered their price objective on YETI from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 target price on shares of YETI in a research report on Friday, May 15th. Wall Street Zen cut YETI from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Finally, Robert W. Baird boosted their price target on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, YETI presently has an average rating of “Moderate Buy” and an average price target of $50.42.

YETI Stock Down 1.2%

YETI opened at $49.63 on Wednesday. The stock’s 50 day moving average price is $45.03 and its 200 day moving average price is $43.91. 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 stock has a market cap of $3.76 billion, a P/E ratio of 25.32, a P/E/G ratio of 1.58 and a beta of 1.74. YETI Holdings, Inc. has a 12 month low of $30.51 and a 12 month high of $51.89.

YETI (NYSE:YETI) last announced its quarterly earnings results 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. The company had revenue of $380.41 million during the quarter, compared to analyst estimates of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, research analysts predict that YETI Holdings, Inc. will post 2.44 earnings per share for the current year.

YETI Company 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.