William Blair Investment Management LLC trimmed its stake in YETI Holdings, Inc. (NYSE:YETI – Free Report) by 9.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 459,820 shares of the company’s stock after selling 47,600 shares during the period. William Blair Investment Management LLC owned approximately 0.59% of YETI worth $20,310,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of YETI. Richardson Financial Services Inc. bought a new stake in shares of YETI in the 4th quarter valued at approximately $25,000. Blue Trust Inc. lifted its stake in shares of YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after purchasing an additional 603 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Quarry LP bought a new stake in shares of YETI in the 3rd quarter valued at approximately $30,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of YETI in the 3rd quarter valued at approximately $39,000.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on YETI shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $45.00 price objective on shares of YETI in a research note on Tuesday, January 27th. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 price objective on shares of YETI in a research note on Friday, May 15th. B. Riley Financial raised YETI from a “neutral” rating to a “buy” rating and raised their price objective for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Piper Sandler raised their price objective on YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Finally, Weiss Ratings lowered YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $50.42.
YETI Price Performance
Shares of YETI stock opened at $45.25 on Tuesday. YETI Holdings, Inc. has a 52-week low of $28.98 and a 52-week high of $51.29. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. The firm has a market capitalization of $3.43 billion, a P/E ratio of 23.09, a P/E/G ratio of 1.49 and a beta of 1.69. The stock has a 50 day moving average price of $39.10 and a 200 day moving average price of $42.26.
YETI (NYSE:YETI – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The firm had revenue of $380.41 million during the quarter, compared to analyst estimates of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.YETI’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company earned $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, sell-side analysts predict that YETI Holdings, Inc. will post 2.33 earnings per share for the current year.
YETI 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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