Langdon Equity Partners Makes New $28.79 Million Investment in YETI Holdings, Inc. $YETI

Langdon Equity Partners acquired a new position in YETI Holdings, Inc. (NYSE:YETI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 595,839 shares of the company’s stock, valued at approximately $28,788,000. YETI makes up about 14.8% of Langdon Equity Partners’ investment portfolio, making the stock its 3rd largest holding.

Other institutional investors have also added to or reduced their stakes in the company. L. Roy Papp & Associates LLP lifted its stake in shares of YETI by 0.5% during the 4th quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock valued at $2,345,000 after buying an additional 240 shares in the last quarter. Cardinal Point Capital Management ULC lifted its stake in shares of YETI by 0.7% during the 4th quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock valued at $1,848,000 after buying an additional 300 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of YETI by 91.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after buying an additional 309 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of YETI by 6.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after buying an additional 321 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of YETI by 35.4% during the 4th quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock valued at $55,000 after buying an additional 327 shares in the last quarter.

YETI Stock Performance

NYSE YETI opened at $50.42 on Friday. YETI Holdings, Inc. has a 1 year low of $29.12 and a 1 year high of $51.49. 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 capitalization of $3.82 billion, a PE ratio of 25.73, a P/E/G ratio of 1.60 and a beta of 1.74. The company’s 50 day simple moving average is $42.26 and its two-hundred day simple moving average is $43.32.

YETI (NYSE:YETI) last posted its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping 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 business had revenue of $380.41 million for the quarter, compared to analysts’ expectations of $374.73 million. During the same period in the prior year, the company posted $0.31 EPS. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Analysts predict that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on YETI. Raymond James Financial restated an “outperform” rating and set a $55.00 price target on shares of YETI in a research note on Friday, May 15th. Weiss Ratings cut shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Citigroup upped their price target on shares of YETI from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Morgan Stanley upped their price target on shares of YETI from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Canaccord Genuity Group upped their price target 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. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, YETI presently has a consensus rating of “Moderate Buy” and an average target price of $50.42.

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.