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

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

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its holdings in shares of YETI by 9.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,466 shares of the company’s stock valued at $214,000 after purchasing an additional 569 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in YETI by 5.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 287,837 shares of the company’s stock valued at $9,527,000 after purchasing an additional 14,920 shares during the period. M&T Bank Corp increased its holdings in YETI by 17.6% in the 2nd quarter. M&T Bank Corp now owns 8,648 shares of the company’s stock worth $272,000 after acquiring an additional 1,294 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in YETI by 48.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 16,404 shares of the company’s stock worth $517,000 after purchasing an additional 5,379 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of YETI by 2.5% in the second quarter. California Public Employees Retirement System now owns 144,069 shares of the company’s stock worth $4,541,000 after purchasing an additional 3,507 shares in the last quarter.

YETI Stock Down 1.2%

YETI opened at $49.63 on Wednesday. The firm has a market capitalization 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. YETI Holdings, Inc. has a one year low of $30.51 and a one year high of $51.89. The company has a fifty day moving average price of $45.03 and a 200-day moving average price of $43.91. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06.

YETI (NYSE:YETI) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, topping 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 company had revenue of $380.41 million for the quarter, compared to the consensus estimate of $374.73 million. During the same quarter last year, the business posted $0.31 earnings per share. 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. Equities research analysts expect that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on YETI shares. Raymond James Financial reissued an “outperform” rating and issued a $55.00 price target on shares of YETI in a research report on Friday, May 15th. Wall Street Zen lowered shares of YETI from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Canaccord Genuity Group boosted their target price on shares of YETI from $42.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, June 23rd. Robert W. Baird increased their target price on YETI from $54.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Morgan Stanley set a $45.00 price target on YETI in a report 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $50.42.

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.