William Blair Investment Management LLC Cuts Position in YETI Holdings, Inc. $YETI

William Blair Investment Management LLC cut its stake in YETI Holdings, Inc. (NYSE:YETI) by 9.4% during the fourth quarter, HoldingsChannel reports. The fund owned 459,820 shares of the company’s stock after selling 47,600 shares during the quarter. William Blair Investment Management LLC’s holdings in YETI were worth $20,310,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Congress Asset Management Co. increased its holdings in shares of YETI by 4.8% in the 4th quarter. Congress Asset Management Co. now owns 1,293,164 shares of the company’s stock valued at $57,119,000 after acquiring an additional 59,474 shares during the period. Dean Capital Management increased its holdings in shares of YETI by 40.2% in the 3rd quarter. Dean Capital Management now owns 107,565 shares of the company’s stock valued at $3,569,000 after acquiring an additional 30,822 shares during the period. SG Americas Securities LLC increased its holdings in shares of YETI by 16,553.6% in the 4th quarter. SG Americas Securities LLC now owns 747,747 shares of the company’s stock valued at $33,028,000 after acquiring an additional 743,257 shares during the period. Baillie Gifford & Co. increased its holdings in shares of YETI by 50.9% in the 4th quarter. Baillie Gifford & Co. now owns 3,945,196 shares of the company’s stock valued at $174,259,000 after acquiring an additional 1,330,278 shares during the period. Finally, Cresset Asset Management LLC increased its holdings in shares of YETI by 40.4% in the 3rd quarter. Cresset Asset Management LLC now owns 78,292 shares of the company’s stock valued at $2,598,000 after acquiring an additional 22,521 shares during the period.

YETI Stock Up 0.1%

Shares of YETI stock opened at $45.25 on Tuesday. YETI Holdings, Inc. has a 1-year low of $28.98 and a 1-year high of $51.29. The stock’s fifty day moving average price is $39.10 and its 200 day moving average price is $42.26. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.10 and a quick ratio of 1.06. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 23.09, a price-to-earnings-growth ratio of 1.49 and a beta of 1.69.

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a “neutral” rating and issued a $45.00 price target on shares of YETI in a report on Tuesday, January 27th. Roth Mkm upgraded YETI from a “neutral” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Tuesday, February 17th. Canaccord Genuity Group boosted their target price on YETI from $40.00 to $42.00 and gave the stock a “hold” rating in a research note on Friday, May 15th. Raymond James Financial restated an “outperform” rating and set a $55.00 target price on shares of YETI in a research note on Friday, May 15th. Finally, Weiss Ratings downgraded YETI from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the 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 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.