66,333 YETI Holdings, Inc. $YETI Shares Sold by Andrew Hill Investment Advisors Inc.

Andrew Hill Investment Advisors Inc. reduced its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 85.4% in the third quarter, HoldingsChannel reports. The firm owned 11,309 shares of the company’s stock after selling 66,333 shares during the period. Andrew Hill Investment Advisors Inc.’s holdings in YETI were worth $464,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Hsbc Holdings PLC acquired a new position in shares of YETI in the 2nd quarter valued at $2,527,000. Hillsdale Investment Management Inc. raised its holdings in YETI by 21,066.7% in the 1st quarter. Hillsdale Investment Management Inc. now owns 95,250 shares of the company’s stock valued at $3,485,000 after buying an additional 94,800 shares during the period. Quantedge Capital Pte Ltd purchased a new position in YETI in the first quarter worth approximately $904,000. Empowered Funds LLC boosted its holdings in shares of YETI by 2,858.7% in the 1st quarter. Empowered Funds LLC now owns 289,125 shares of the company’s stock valued at $10,579,000 after buying an additional 279,353 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in YETI by 105.5% during the 1st quarter. Renaissance Technologies LLC now owns 85,500 shares of the company’s stock valued at $3,128,000 after acquiring an additional 43,900 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts have commented on YETI shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $80.00 target price on shares of YETI in a research note on Thursday, August 13th. Wall Street Zen raised shares of YETI from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. The Goldman Sachs Group raised YETI from a “neutral” rating to a “buy” rating and increased their price target for the company from $46.00 to $63.00 in a research note on Monday, July 20th. Morgan Stanley boosted their target price on shares of YETI from $48.00 to $49.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. Finally, Robert W. Baird lifted their target price on YETI from $55.00 to $57.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $55.27.

YETI Stock Down 2.7%

YETI stock opened at $42.83 on Friday. The company has a 50-day moving average of $41.59 and a two-hundred day moving average of $44.46. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.68. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 0.87. YETI Holdings, Inc. has a 52-week low of $32.26 and a 52-week high of $53.99.

YETI (NYSE:YETI) last released its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. YETI had a return on equity of 23.79% and a net margin of 9.24%. The business had revenue of $483.87 million for the quarter, compared to the consensus estimate of $483.80 million. During the same period last year, the business earned $0.66 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. As a group, equities research analysts anticipate that YETI Holdings, Inc. will post 2.58 EPS for the current year.

About YETI

YETI Holdings, Inc (NYSE: YETI) designs, markets and distributes premium outdoor products for customers who spend time fishing, hunting, camping, boating and participating in other outdoor activities. The company is headquartered in Austin, Texas, and was founded in 2006 by brothers Roy and Ryan Seiders.

YETI’s product portfolio includes hard and soft coolers, drinkware, insulated bags, outdoor gear, cookware and products for outdoor living. Its offerings are designed to provide durability, insulation and performance in demanding conditions, and are sold under the YETI brand through the company’s website, retail stores and a network of wholesale partners.

The company serves customers primarily in North America while also operating in international markets, including parts of Europe, Australia and Asia.