YETI Holdings, Inc. $YETI Shares Sold by Tidal Investments LLC

Tidal Investments LLC reduced its position in YETI Holdings, Inc. (NYSE:YETI – Free Report) by 30.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 75,387 shares of the company’s stock after selling 33,207 shares during the quarter. Tidal Investments LLC’s holdings in YETI were worth $3,736,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in YETI. WINTON GROUP Ltd acquired a new position in YETI during the second quarter worth approximately $208,000. Engineers Gate Manager LP bought a new position in YETI during the 2nd quarter worth approximately $258,000. NewEdge Advisors LLC bought a new stake in YETI during the second quarter valued at $282,000. Squarepoint Ops LLC lifted its holdings in shares of YETI by 227.4% in the 2nd quarter. Squarepoint Ops LLC now owns 119,464 shares of the company’s stock worth $5,921,000 after purchasing an additional 213,264 shares during the last quarter. Finally, Nykredit A S bought a new stake in shares of YETI during the second quarter valued at approximately $101,000.

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YETI Trading Up 1.6%

Shares of YETI stock opened at $40.88 on Tuesday. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $2.98 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 1.05 and a beta of 1.70. YETI Holdings, Inc. has a 12-month low of $31.66 and a 12-month high of $53.99. The stock has a fifty day simple moving average of $46.54 and a 200 day simple moving average of $43.92.

YETI (NYSE:YETI – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.13. The business had revenue of $483.87 million for the quarter, compared to the consensus estimate of $483.80 million. YETI had a return on equity of 23.79% and a net margin of 9.24%.The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the business posted $0.66 earnings per share. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. On average, sell-side analysts anticipate that YETI Holdings, Inc. will post 2.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

YETI has been the topic of several research reports. Weiss Ratings raised YETI from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Piper Sandler raised their price target on shares of YETI from $54.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Roth Capital reiterated a “buy” rating and set a $62.00 price target on shares of YETI in a research note on Friday, August 14th. Morgan Stanley boosted their target price on YETI from $48.00 to $49.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. Finally, Stifel Nicolaus increased their price target on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Friday, August 14th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $55.57.

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YETI Profile

(Free Report)

YETI Holdings, Inc designs, markets and distributes premium products for outdoor, recreation and everyday use. Its product portfolio includes hard and soft coolers, drinkware, bags, outdoor cooking products and related accessories designed for durability and performance.

The company sells its products through its direct-to-consumer business, including its website and retail stores, as well as through independent retailers and other wholesale channels. YETI serves customers primarily in the United States and Canada, with an expanding international presence.

YETI was founded in 2006 by brothers Roy and Ryan Seiders and is headquartered in Austin, Texas.

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