YETI Holdings, Inc. $YETI Shares Sold by Legato Capital Management LLC

Legato Capital Management LLC lowered its position in shares of YETI Holdings, Inc. (NYSE:YETI) by 41.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,209 shares of the company’s stock after selling 36,888 shares during the period. Legato Capital Management LLC’s holdings in YETI were worth $2,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Richardson Financial Services Inc. acquired a new stake in shares of YETI during the fourth quarter worth about $25,000. Blue Trust Inc. increased its position in shares of YETI by 2,079.3% during the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after purchasing an additional 603 shares in 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 purchasing an additional 309 shares in the last quarter. Quarry LP acquired a new stake in shares of YETI during the third quarter worth about $30,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of YETI during the third quarter worth about $39,000.

Analyst Upgrades and Downgrades

YETI has been the topic of a number of research analyst reports. Wall Street Zen cut YETI from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. UBS Group dropped their price objective on shares of YETI from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Canaccord Genuity Group increased their target price on shares of YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and increased their target price for the stock from $35.00 to $54.00 in a research note on Friday, February 20th. Finally, Weiss Ratings cut YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.42.

YETI Stock Performance

Shares of YETI stock opened at $45.25 on Friday. The stock has a market capitalization of $3.43 billion, a PE ratio of 23.09, a price-to-earnings-growth ratio of 1.49 and a beta of 1.69. YETI Holdings, Inc. has a 52-week low of $28.98 and a 52-week high of $51.29. The stock’s 50-day moving average price is $38.91 and its 200 day moving average price is $42.11. The company has a quick ratio of 1.06, a current ratio of 2.10 and a debt-to-equity ratio of 0.10.

YETI (NYSE:YETI) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.09. The firm had revenue of $380.41 million for the quarter, compared to analysts’ expectations of $374.73 million. YETI had a return on equity of 22.61% and a net margin of 8.36%.The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.31 EPS. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. As a group, equities research analysts forecast that YETI Holdings, Inc. will post 2.33 EPS 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.