YETI Holdings, Inc. $YETI Stock Sold by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. lowered its holdings in shares of YETI Holdings, Inc. (NYSE:YETI) by 2.0% during the third quarter, HoldingsChannel.com reports. The firm owned 1,187,959 shares of the company’s stock after selling 23,804 shares during the period. Van Berkom & Associates Inc.’s holdings in YETI were worth $48,730,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Elevation Wealth Partners LLC grew its holdings in YETI by 80.5% in the third quarter. Elevation Wealth Partners LLC now owns 888 shares of the company’s stock valued at $36,000 after purchasing an additional 396 shares during the period. Covestor Ltd increased its position in shares of YETI by 27.3% in the third quarter. Covestor Ltd now owns 1,479 shares of the company’s stock valued at $60,000 after buying an additional 317 shares in the last quarter. Signaturefd LLC raised its stake in shares of YETI by 79.4% during the 3rd quarter. Signaturefd LLC now owns 1,943 shares of the company’s stock worth $80,000 after buying an additional 860 shares during the period. Parallel Advisors LLC raised its stake in shares of YETI by 50.9% during the 1st quarter. Parallel Advisors LLC now owns 2,446 shares of the company’s stock worth $89,000 after buying an additional 825 shares during the period. Finally, Nykredit A S acquired a new position in shares of YETI during the 2nd quarter worth approximately $101,000.

YETI Trading Up 2.1%

YETI stock opened at $45.91 on Tuesday. The company has a current ratio of 1.75, a quick ratio of 0.87 and a debt-to-equity ratio of 0.16. YETI Holdings, Inc. has a 12-month low of $34.90 and a 12-month high of $53.99. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.27 and a beta of 1.63. The business’s 50-day moving average is $42.06 and its 200 day moving average is $43.97.

YETI (NYSE:YETI) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.54 by $0.13. YETI had a return on equity of 23.79% and a net margin of 9.24%. The company had revenue of $483.87 million during the quarter, compared to analyst estimates of $483.80 million. During the same period in the previous year, the business earned $0.66 EPS. YETI’s quarterly revenue was up 8.5% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. On average, sell-side analysts anticipate that YETI Holdings, Inc. will post 2.56 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Roth Capital reiterated a “buy” rating and set a $62.00 target price on shares of YETI in a research report on Friday, August 14th. Piper Sandler boosted their price target on shares of YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Stifel Nicolaus raised shares of YETI from a “hold” rating to a “buy” rating and boosted their price target for the stock from $45.00 to $50.00 in a report on Friday, September 18th. UBS Group set a $44.00 price objective on shares of YETI in a research report on Thursday, October 15th. Finally, Bank of America increased their price objective on shares of YETI from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, August 14th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.20.

YETI Profile

YETI Holdings, Inc designs, markets and distributes premium outdoor products. Founded in 2006 by brothers Roy and Ryan Seiders, the company is headquartered in Austin, Texas.

Its product lineup includes hard and soft coolers, insulated drinkware, bags, outdoor and camping equipment, and related accessories. YETI sells through its website, company-operated stores and a network of retail partners.

The company serves customers in the United States and international markets, including Canada, Europe, Australia and parts of Asia.