Brown Advisory Inc. Has $25.86 Million Stock Position in YETI Holdings, Inc. $YETI

Brown Advisory Inc. decreased its position in YETI Holdings, Inc. (NYSE:YETI) by 40.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 585,389 shares of the company’s stock after selling 398,707 shares during the period. Brown Advisory Inc. owned about 0.75% of YETI worth $25,857,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Congress Asset Management Co. lifted its stake in YETI by 4.8% during the fourth quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock worth $57,119,000 after purchasing an additional 59,474 shares during the period. Dean Capital Management increased its holdings in shares of YETI by 40.2% during the third quarter. Dean Capital Management now owns 107,565 shares of the company’s stock worth $3,569,000 after buying an additional 30,822 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of YETI by 16,553.6% during the fourth quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock worth $33,028,000 after buying an additional 743,257 shares in the last quarter. Baillie Gifford & Co. increased its holdings in shares of YETI by 50.9% during the fourth quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock worth $174,259,000 after buying an additional 1,330,278 shares in the last quarter. Finally, Cresset Asset Management LLC increased its holdings in shares of YETI by 40.4% during the third quarter. Cresset Asset Management LLC now owns 78,292 shares of the company’s stock worth $2,598,000 after buying an additional 22,521 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have recently weighed in on YETI shares. Morgan Stanley raised their price objective on shares of YETI from $47.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Tuesday, February 17th. Piper Sandler lifted their price target on shares of YETI from $43.00 to $54.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. UBS Group decreased their price objective on YETI from $47.00 to $40.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Finally, Citigroup boosted their price target on shares of YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.42.

YETI Stock Performance

Shares of NYSE:YETI opened at $49.80 on Tuesday. 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 cap of $3.77 billion, a PE ratio of 25.41, a PEG ratio of 1.59 and a beta of 1.74. The company’s 50 day moving average price is $42.53 and its two-hundred day moving average price is $43.40. YETI Holdings, Inc. has a 12-month low of $29.12 and a 12-month high of $51.89.

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

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.