22,547 Shares in YETI Holdings, Inc. $YETI Acquired by Picton Mahoney Asset Management

Picton Mahoney Asset Management acquired a new stake in shares of YETI Holdings, Inc. (NYSE:YETI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,547 shares of the company’s stock, valued at approximately $749,000.

Several other hedge funds also recently bought and sold shares of the company. True Wealth Design LLC grew its holdings in shares of YETI by 141.1% in the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock valued at $29,000 after buying an additional 518 shares during the period. MAI Capital Management acquired a new stake in YETI during the 2nd quarter worth $31,000. Abich Financial Wealth Management LLC bought a new position in YETI during the third quarter worth about $39,000. SJS Investment Consulting Inc. lifted its holdings in YETI by 7,876.5% during the third quarter. SJS Investment Consulting Inc. now owns 1,356 shares of the company’s stock worth $45,000 after acquiring an additional 1,339 shares in the last quarter. Finally, Hantz Financial Services Inc. grew 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 period.

Insider Transactions at YETI

In related news, SVP Bryan C. Barksdale sold 9,756 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $45.32, for a total value of $442,141.92. Following the completion of the sale, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.94% of the company’s stock.

Wall Street Analysts Forecast Growth

YETI has been the topic of a number of research analyst reports. KeyCorp raised YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 price target on the stock in a research report on Friday, January 16th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $45.00 price objective on shares of YETI in a research report on Tuesday, January 27th. William Blair reissued an “outperform” rating on shares of YETI in a research note on Tuesday, November 11th. B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and raised their target price for the stock from $35.00 to $54.00 in a report on Friday, February 20th. Finally, Piper Sandler lifted their price target on shares of YETI from $43.00 to $54.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $50.08.

YETI Price Performance

Shares of YETI opened at $40.42 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.11 and a debt-to-equity ratio of 0.11. The company’s fifty day simple moving average is $46.67 and its 200 day simple moving average is $40.57. YETI Holdings, Inc. has a 1-year low of $26.61 and a 1-year high of $51.29. The company has a market cap of $3.04 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 2.25 and a beta of 1.77.

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

YETI Company 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.