YETI Holdings, Inc. $YETI Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lowered its stake in YETI Holdings, Inc. (NYSE:YETI) by 93.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,187 shares of the company’s stock after selling 32,053 shares during the period. Sterling Capital Management LLC’s holdings in YETI were worth $90,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Reinhart Partners LLC. raised its stake in YETI by 5.1% in the second quarter. Reinhart Partners LLC. now owns 3,277,296 shares of the company’s stock valued at $162,423,000 after purchasing an additional 158,957 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in YETI by 3.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,887,097 shares of the company’s stock worth $69,043,000 after buying an additional 70,273 shares in the last quarter. Quantinno Capital Management LP grew its stake in YETI by 46.0% during the first quarter. Quantinno Capital Management LP now owns 1,871,188 shares of the company’s stock worth $68,467,000 after buying an additional 589,205 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in YETI during the second quarter worth about $57,971,000. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in YETI by 38.5% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 847,874 shares of the company’s stock valued at $34,780,000 after buying an additional 235,490 shares during the period.

YETI Stock Performance

NYSE YETI opened at $45.49 on Tuesday. The firm’s fifty day moving average price is $41.66 and its two-hundred day moving average price is $44.05. The stock has a market cap of $3.32 billion, a PE ratio of 19.87, a PEG ratio of 1.13 and a beta of 1.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.87 and a current ratio of 1.75. YETI Holdings, Inc. has a fifty-two week low of $32.26 and a fifty-two week high of $53.99.

YETI (NYSE:YETI) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.13. YETI had a return on equity of 23.79% and a net margin of 9.24%. The company had revenue of $483.87 million during the quarter, compared to analysts’ expectations of $483.80 million. During the same period in the prior year, the company earned $0.66 EPS. YETI’s revenue was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. On average, equities analysts expect that YETI Holdings, Inc. will post 2.56 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on YETI shares. Bank of America boosted their target price on shares of YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, August 14th. Jefferies Financial Group reissued a “buy” rating and set a $80.00 price target on shares of YETI in a report on Thursday, August 13th. Stifel Nicolaus upgraded YETI from a “hold” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $50.00 in a research report on Friday, September 18th. Robert W. Baird raised their price objective on YETI from $55.00 to $57.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Raymond James Financial raised their price objective on YETI from $55.00 to $56.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $55.20.

YETI Profile

YETI Holdings, Inc (NYSE: YETI) designs, markets and distributes premium outdoor products for customers who spend time fishing, hunting, camping, boating and participating in other outdoor activities. The company is headquartered in Austin, Texas, and was founded in 2006 by brothers Roy and Ryan Seiders.

YETI’s product portfolio includes hard and soft coolers, drinkware, insulated bags, outdoor gear, cookware and products for outdoor living. Its offerings are designed to provide durability, insulation and performance in demanding conditions, and are sold under the YETI brand through the company’s website, retail stores and a network of wholesale partners.

The company serves customers primarily in North America while also operating in international markets, including parts of Europe, Australia and Asia.