Corient Private Wealth LLC Sells 14,348 Shares of YETI Holdings, Inc. $YETI

Corient Private Wealth LLC trimmed its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 30.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,769 shares of the company’s stock after selling 14,348 shares during the quarter. Corient Private Wealth LLC’s holdings in YETI were worth $1,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Richardson Financial Services Inc. bought a new position in YETI during the 4th quarter worth approximately $25,000. Blue Trust Inc. boosted its stake in shares of YETI by 2,079.3% in the 4th quarter. Blue Trust Inc. now owns 632 shares of the company’s stock valued at $28,000 after purchasing an additional 603 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of YETI by 91.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares during the period. Quarry LP bought a new position in YETI during the third quarter worth $30,000. Finally, Safe Harbor Fiduciary LLC bought a new position in YETI during the fourth quarter worth $41,000.

Analysts Set New Price Targets

YETI has been the topic of a number of research analyst reports. Robert W. Baird upped their price target on shares of YETI from $54.00 to $55.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Raymond James Financial reissued an “outperform” rating and issued a $55.00 price objective on shares of YETI in a research note on Friday, May 15th. UBS Group cut their target price on YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Weiss Ratings cut YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Canaccord Genuity Group boosted their price target on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research note on Tuesday, June 23rd. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $50.42.

YETI Stock Down 1.2%

YETI stock opened at $49.63 on Wednesday. The stock’s 50 day simple moving average is $45.03 and its 200 day simple moving average is $43.91. The company has a market cap of $3.76 billion, a P/E ratio of 25.32, a price-to-earnings-growth ratio of 1.58 and a beta of 1.74. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 2.10. YETI Holdings, Inc. has a fifty-two week low of $30.51 and a fifty-two week high of $51.89.

YETI (NYSE:YETI) last announced its quarterly earnings data 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 return on equity of 22.61% and a net margin of 8.36%.The firm had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. During the same quarter last year, the firm posted $0.31 earnings per share. The company’s revenue for the quarter 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 expect that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

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.