YETI Holdings, Inc. $YETI Shares Sold by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC cut its stake in YETI by 72.4% in Q4, selling 54,049 shares and retaining 20,601 shares valued at about $924,000.
• Other institutions repositioned heavily—SG Americas Securities increased its holding by 16,553.6% to 747,747 shares (~$33.03M) and Congress Asset Management now owns 1,293,164 shares (~$57.12M), signaling significant institutional buying.
• YETI beat Q results (EPS $0.92 vs. $0.88), issued FY26 guidance of 2.770–2.830 EPS, and the analyst consensus is a “Moderate Buy” with an average price target of $49.15 after several recent upgrades.

Allspring Global Investments Holdings LLC reduced its holdings in YETI Holdings, Inc. (NYSE:YETI - Free Report) by 72.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,601 shares of the company's stock after selling 54,049 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in YETI were worth $924,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Pallas Capital Advisors LLC bought a new stake in shares of YETI in the 4th quarter worth approximately $265,000. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of YETI by 2.5% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 517,910 shares of the company's stock worth $22,876,000 after purchasing an additional 12,499 shares in the last quarter. Congress Asset Management Co. raised its holdings in shares of YETI by 4.8% in the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company's stock worth $57,119,000 after purchasing an additional 59,474 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of YETI by 16,553.6% in the 4th quarter. SG Americas Securities LLC now owns 747,747 shares of the company's stock worth $33,028,000 after purchasing an additional 743,257 shares in the last quarter. Finally, Fulton Bank N.A. raised its holdings in shares of YETI by 2.2% in the 4th quarter. Fulton Bank N.A. now owns 15,553 shares of the company's stock worth $687,000 after purchasing an additional 333 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Piper Sandler boosted their target price on shares of YETI from $43.00 to $54.00 and gave the stock an "overweight" rating in a report on Tuesday, February 17th. Robert W. Baird boosted their target price on shares of YETI from $52.00 to $54.00 and gave the stock an "outperform" rating in a report on Friday, February 20th. Roth Mkm upgraded shares of YETI from a "neutral" rating to a "buy" rating and set a $60.00 target price on the stock in a report on Tuesday, February 17th. UBS Group dropped their target price on shares of YETI from $47.00 to $40.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Canaccord Genuity Group boosted their target price on shares of YETI from $37.00 to $40.00 and gave the stock a "hold" rating in a report on Thursday, January 8th. Nine analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $49.15.

YETI Stock Down 0.7%

YETI stock opened at $37.35 on Friday. YETI Holdings, Inc. has a 52-week low of $26.61 and a 52-week high of $51.29. The company's 50 day simple moving average is $41.54 and its 200-day simple moving average is $40.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.98 and a quick ratio of 1.11. The firm has a market capitalization of $2.83 billion, a P/E ratio of 18.40 and a beta of 1.80.

YETI (NYSE:YETI - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $582.43 million. During the same quarter in the previous year, the business earned $1.00 earnings per share. The firm's revenue 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, equities research analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS 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.

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