SCHEDULE: FMR LLC Holds 5.3% Stake in YETI Holdings

FMR LLC and Abigail P. Johnson report beneficial ownership of 5.3% of YETI Holdings Inc. common stock as of June 30, 2026.

Summary

• FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G indicating beneficial ownership of 3,994,852.34 shares of YETI Holdings Inc. common stock.
• This represents 5.3% of the class of securities outstanding as of June 30, 2026.
• The filing is made under Rule 13d-1(b), classifying FMR LLC as an investment adviser.
• Abigail P. Johnson is identified as a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's voting shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, primarily indicating a significant institutional investor's continued stake in the company without new strategic information.

Positives

• FMR LLC, a significant institutional investor, maintains a substantial stake (5.3%) in YETI Holdings, suggesting continued confidence.
• The filing confirms a stable ownership position by a major investment entity.

Negatives

• No new strategic information or significant changes in ownership were disclosed, indicating a status quo rather than new developments.

Risks

• The filing does not contain specific risk factors related to YETI Holdings; it is a disclosure of beneficial ownership.
• Potential risks for YETI Holdings would be detailed in other SEC filings such as 10-K or 10-Q reports.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding YETI Holdings Inc.'s future performance.

Management Comments

• Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC.
• Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC.
• The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares.
• Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors disclosing significant ownership stakes. FMR LLC's continued holding of over 5% in YETI Holdings is typical for asset managers tracking companies in the consumer discretionary sector, particularly those with strong brand recognition like YETI.

Stakeholder Impact

• Shareholders: The continued significant stake by FMR LLC may provide a degree of stability to the stock price, indicating institutional support.
• Management: The filing confirms a major investor's position, which management will consider in strategic decisions.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership of YETI Holdings Inc. common stock.
• Future changes in ownership levels will be reported in subsequent filings as required by SEC regulations.

Key Dates

Keywords

YETI Holdings, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, institutional investor, common stock, investment adviser