YETI Holdings, Inc. $YETI Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. cut its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 16.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 179,268 shares of the company’s stock after selling 35,809 shares during the quarter. Crossmark Global Holdings Inc. owned about 0.23% of YETI worth $5,948,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LRI Investments LLC grew its holdings in YETI by 8.0% during the 3rd quarter. LRI Investments LLC now owns 4,170 shares of the company’s stock worth $138,000 after acquiring an additional 309 shares in the last quarter. Arizona State Retirement System increased its position in shares of YETI by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 24,506 shares of the company’s stock valued at $813,000 after purchasing an additional 346 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of YETI by 2.7% in the 3rd quarter. Versant Capital Management Inc now owns 13,311 shares of the company’s stock valued at $442,000 after purchasing an additional 354 shares in the last quarter. Moody National Bank Trust Division raised its holdings in shares of YETI by 2.5% in the 3rd quarter. Moody National Bank Trust Division now owns 14,740 shares of the company’s stock valued at $489,000 after purchasing an additional 356 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of YETI by 6.9% during the 3rd quarter. Assetmark Inc. now owns 7,388 shares of the company’s stock worth $245,000 after purchasing an additional 479 shares during the last quarter.

Insider Buying and Selling at YETI

In other news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $45.32, for a total transaction of $442,141.92. Following the transaction, the senior vice president directly owned 56,397 shares in the company, valued at approximately $2,555,912.04. This trade represents a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Stifel Nicolaus boosted their target price on shares of YETI from $34.00 to $43.00 and gave the stock a “hold” rating in a research note on Friday, December 12th. B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and raised their price target for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Citigroup upped their price objective on YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Piper Sandler increased their price objective on YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Morgan Stanley set a $48.00 target price on YETI in a research report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, YETI currently has a consensus rating of “Moderate Buy” and an average target price of $50.08.

YETI Stock Down 3.8%

YETI stock opened at $40.42 on Friday. The company has a market capitalization of $3.04 billion, a P/E ratio of 19.91, a PEG ratio of 2.33 and a beta of 1.77. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. YETI Holdings, Inc. has a fifty-two week low of $26.61 and a fifty-two week high of $51.29. The stock has a 50-day simple moving average of $46.67 and a 200-day simple moving average of $40.53.

YETI (NYSE:YETI) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.04. The firm had revenue of $583.71 million for the quarter, compared to the consensus estimate of $582.43 million. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.00 EPS. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities research analysts expect that YETI Holdings, Inc. will post 2.57 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.