Brown Advisory Inc. Sells 398,707 Shares of YETI Holdings, Inc. $YETI

Brown Advisory Inc. lessened its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 40.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 585,389 shares of the company’s stock after selling 398,707 shares during the period. Brown Advisory Inc.’s holdings in YETI were worth $25,857,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. FORA Capital LLC acquired a new stake in YETI in the fourth quarter worth $419,000. Corient IA LLC bought a new stake in YETI in the fourth quarter worth about $221,000. Bridgewater Associates LP bought a new stake in YETI in the fourth quarter worth about $3,061,000. Stifel Financial Corp raised its position in shares of YETI by 4.3% in the fourth quarter. Stifel Financial Corp now owns 46,157 shares of the company’s stock valued at $2,039,000 after purchasing an additional 1,912 shares during the period. Finally, Morgan Stanley raised its position in shares of YETI by 117.5% in the fourth quarter. Morgan Stanley now owns 1,884,361 shares of the company’s stock valued at $83,232,000 after purchasing an additional 1,017,947 shares during the period.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on YETI. Robert W. Baird upped their target price on shares of YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings cut shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. UBS Group cut their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, February 17th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $50.42.

YETI Trading Down 1.2%

NYSE:YETI opened at $49.80 on Tuesday. The company has a fifty day moving average of $42.53 and a 200 day moving average of $43.40. YETI Holdings, Inc. has a 52 week low of $29.12 and a 52 week high of $51.89. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $3.77 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.59 and a beta of 1.74.

YETI (NYSE:YETI) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The company had revenue of $380.41 million during the quarter, compared to analyst estimates of $374.73 million. During the same period in the prior year, the business posted $0.31 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. On average, research analysts predict that YETI Holdings, Inc. will post 2.44 earnings per share for the current 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.