YETI Holdings, Inc. (NYSE:YETI) Shares Bought by PFS Investments Inc.

PFS Investments Inc. lifted its position in YETI Holdings, Inc. (NYSE:YETIGet Rating) by 20.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,460 shares of the company’s stock after buying an additional 4,368 shares during the period. PFS Investments Inc.’s holdings in YETI were worth $2,109,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in YETI. American Century Companies Inc. lifted its stake in YETI by 2,552.7% during the fourth quarter. American Century Companies Inc. now owns 2,013,391 shares of the company’s stock valued at $166,769,000 after purchasing an additional 1,937,491 shares during the last quarter. abrdn plc boosted its stake in shares of YETI by 33.3% during the 4th quarter. abrdn plc now owns 1,390,980 shares of the company’s stock worth $115,215,000 after acquiring an additional 347,719 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of YETI by 9.3% in the 3rd quarter. Geode Capital Management LLC now owns 1,176,522 shares of the company’s stock worth $100,816,000 after acquiring an additional 100,081 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of YETI by 45.2% during the fourth quarter. Victory Capital Management Inc. now owns 1,174,750 shares of the company’s stock worth $97,304,000 after purchasing an additional 365,541 shares during the period. Finally, Morgan Stanley lifted its holdings in shares of YETI by 23.9% during the third quarter. Morgan Stanley now owns 1,100,287 shares of the company’s stock valued at $94,284,000 after purchasing an additional 212,124 shares during the last quarter. Institutional investors and hedge funds own 96.33% of the company’s stock.

YETI stock opened at $45.46 on Friday. The firm has a 50 day moving average of $54.02 and a two-hundred day moving average of $69.45. YETI Holdings, Inc. has a 12 month low of $42.09 and a 12 month high of $108.82. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 19.43, a P/E/G ratio of 1.03 and a beta of 2.57. The company has a quick ratio of 0.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.20.

YETI (NYSE:YETIGet Rating) last issued its quarterly earnings data on Wednesday, May 11th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.06. YETI had a net margin of 14.26% and a return on equity of 47.22%. During the same period in the previous year, the firm earned $0.35 earnings per share. On average, research analysts expect that YETI Holdings, Inc. will post 2.7 EPS for the current fiscal year.

Several research firms have issued reports on YETI. Morgan Stanley cut their price objective on YETI from $64.00 to $60.00 in a report on Thursday, May 12th. Stifel Nicolaus reduced their price target on shares of YETI from $71.00 to $50.00 in a research report on Thursday, May 12th. Cowen lowered their price objective on shares of YETI from $89.00 to $71.00 in a research report on Thursday, May 12th. Credit Suisse Group reduced their target price on YETI from $115.00 to $100.00 in a report on Wednesday, January 26th. Finally, Cowen lowered their price target on YETI from $89.00 to $71.00 in a report on Thursday, May 12th. Four investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, YETI has a consensus rating of “Buy” and an average price target of $86.42.

YETI Company Profile (Get Rating)

YETI Holdings, Inc designs, markets, retails, and distributes products for the outdoor and recreation market under the YETI brand. The company offers hard and soft coolers, as well as cargo, bags, outdoor living, and associated accessories. It also provides drinkware products, such as colsters, lowballs, wine tumblers, stackable pints, mugs, tumblers, bottles, and jugs, as well as accessories comprising bottle straw caps, tumbler handles, jug mounts, and bottle slings under the Rambler brand.

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Institutional Ownership by Quarter for YETI (NYSE:YETI)

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