ING Groep NV Makes New Investment in YETI Holdings, Inc. $YETI

ING Groep NV acquired a new position in shares of YETI Holdings, Inc. (NYSE:YETI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 75,900 shares of the company’s stock, valued at approximately $3,353,000. ING Groep NV owned 0.10% of YETI as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of YETI. Baillie Gifford & Co. boosted its stake in YETI by 50.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after buying an additional 1,330,278 shares during the period. Cooper Creek Partners Management LLC purchased a new position in YETI during the third quarter worth $36,150,000. Disciplined Growth Investors Inc. MN purchased a new position in YETI during the third quarter worth $25,640,000. SG Americas Securities LLC boosted its stake in YETI by 16,553.6% during the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock worth $33,028,000 after buying an additional 743,257 shares during the period. Finally, Wellington Management Group LLP boosted its stake in YETI by 14.3% during the third quarter. Wellington Management Group LLP now owns 5,578,329 shares of the company’s stock worth $185,089,000 after buying an additional 696,983 shares during the period.

Wall Street Analyst Weigh In

Several research firms have commented on YETI. Piper Sandler lifted their price objective on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Citigroup lifted their price objective on shares of YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, February 17th. Canaccord Genuity Group boosted their target price on shares of YETI from $40.00 to $42.00 and gave the company a “hold” rating in a research note on Friday, May 15th. Finally, B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and upped their price target for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, YETI currently has an average rating of “Moderate Buy” and a consensus target price of $50.42.

YETI Stock Performance

YETI stock opened at $47.62 on Tuesday. The company has a 50 day moving average price of $41.18 and a 200-day moving average price of $43.00. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. YETI Holdings, Inc. has a fifty-two week low of $29.12 and a fifty-two week high of $51.29. The company has a market capitalization of $3.61 billion, a PE ratio of 24.29, a P/E/G ratio of 1.49 and a beta of 1.74.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The firm had revenue of $380.41 million during the quarter, compared to the consensus estimate of $374.73 million. During the same quarter in the previous year, the firm posted $0.31 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, equities analysts forecast 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.