Blair William & Co. IL Sells 32,166 Shares of YETI Holdings, Inc. $YETI

Blair William & Co. IL lowered its stake in YETI Holdings, Inc. (NYSE:YETI) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 346,692 shares of the company’s stock after selling 32,166 shares during the quarter. Blair William & Co. IL owned approximately 0.45% of YETI worth $11,503,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. True Wealth Design LLC grew its stake in YETI by 141.1% during the third quarter. True Wealth Design LLC now owns 885 shares of the company’s stock valued at $29,000 after acquiring an additional 518 shares in the last quarter. MAI Capital Management purchased a new position in shares of YETI during the 2nd quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new position in shares of YETI during the 3rd quarter valued at $39,000. SJS Investment Consulting Inc. increased its holdings in shares of YETI by 7,876.5% in the third quarter. SJS Investment Consulting Inc. now owns 1,356 shares of the company’s stock worth $45,000 after purchasing an additional 1,339 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of YETI by 151.6% in the third quarter. Hantz Financial Services Inc. now owns 1,530 shares of the company’s stock worth $51,000 after buying an additional 922 shares in the last quarter.

YETI Price Performance

Shares of YETI stock opened at $40.43 on Tuesday. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 19.92 and a beta of 1.77. The company has a fifty day moving average of $46.58 and a 200-day moving average of $40.66. YETI Holdings, Inc. has a 52-week low of $26.61 and a 52-week high of $51.29. 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 (NYSE:YETI) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The business had revenue of $583.71 million during the quarter, compared to the consensus estimate of $582.43 million. During the same period in the previous year, the firm posted $1.00 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. 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 EPS for the current year.

Insider Buying and Selling at YETI

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $45.32, for a total transaction of $442,141.92. Following the completion of the sale, the senior vice president directly owned 56,397 shares in the company, valued at $2,555,912.04. This represents a 14.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.08% of the company’s stock.

Analysts Set New Price Targets

YETI has been the subject of several recent analyst reports. KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price for the company in a research report on Friday, January 16th. B. Riley Financial upgraded YETI from a “neutral” rating to a “buy” rating and lifted their price target for the company from $35.00 to $54.00 in a research report on Friday, February 20th. Morgan Stanley set a $48.00 price objective on YETI in a report on Friday, January 16th. Piper Sandler upped their price objective on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of YETI in a research note on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $50.08.

About YETI

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.