Legato Capital Management LLC Has $2.96 Million Stock Holdings in YETI Holdings, Inc. $YETI

Legato Capital Management LLC increased its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 27.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,097 shares of the company’s stock after acquiring an additional 19,289 shares during the period. Legato Capital Management LLC’s holdings in YETI were worth $2,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC increased its position in YETI by 141.1% in the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after purchasing an additional 518 shares during the last quarter. MAI Capital Management acquired a new position in YETI in the second quarter worth approximately $31,000. Abich Financial Wealth Management LLC acquired a new position in YETI in the third quarter worth approximately $39,000. SJS Investment Consulting Inc. raised its position in YETI by 7,876.5% during the third quarter. SJS Investment Consulting Inc. now owns 1,356 shares of the company’s stock valued at $45,000 after acquiring an additional 1,339 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in YETI by 151.6% in the third quarter. Hantz Financial Services Inc. now owns 1,530 shares of the company’s stock valued at $51,000 after acquiring an additional 922 shares during the last quarter.

Insider Activity

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the business’s stock in a transaction 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 owned 56,397 shares of the company’s stock, valued at approximately $2,555,912.04. The trade was a 14.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.08% of the company’s stock.

YETI Price Performance

NYSE YETI opened at $43.36 on Tuesday. The stock has a 50-day simple moving average of $46.92 and a 200 day simple moving average of $40.40. YETI Holdings, Inc. has a twelve month low of $26.61 and a twelve month high of $51.29. The stock has a market capitalization of $3.37 billion, a PE ratio of 21.36, a P/E/G ratio of 2.43 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 (NYSE:YETI) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.04. YETI had a return on equity of 22.53% and a net margin of 8.85%.The firm had revenue of $583.71 million for the quarter, compared to analyst estimates of $582.43 million. During the same quarter last year, the firm posted $1.00 EPS. The company’s revenue was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Research analysts anticipate that YETI Holdings, Inc. will post 2.57 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Morgan Stanley set a $48.00 price target on shares of YETI in a research note on Friday, January 16th. B. Riley Financial raised shares of YETI from a “neutral” rating to a “buy” rating and increased their target price for the stock from $35.00 to $54.00 in a research report on Friday, February 20th. William Blair reaffirmed an “outperform” rating on shares of YETI in a research report on Tuesday, November 11th. UBS Group upped their price target on YETI from $38.00 to $51.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $45.00 price objective on shares of YETI in a research note on Tuesday, January 27th. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.08.

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.