Intech Investment Management LLC Has $6.90 Million Holdings in YETI Holdings, Inc. $YETI

Intech Investment Management LLC lessened its stake in shares of YETI Holdings, Inc. (NYSE:YETI) by 27.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 207,902 shares of the company’s stock after selling 77,253 shares during the period. Intech Investment Management LLC’s holdings in YETI were worth $6,898,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in YETI. True Wealth Design LLC lifted its holdings in YETI by 141.1% in the 3rd quarter. True Wealth Design LLC now owns 885 shares of the company’s stock worth $29,000 after purchasing an additional 518 shares during the last quarter. MAI Capital Management acquired a new position in YETI during the second quarter valued at approximately $31,000. Abich Financial Wealth Management LLC bought a new position in shares of YETI in the third quarter valued at approximately $39,000. SJS Investment Consulting Inc. lifted its stake in shares of YETI by 7,876.5% in the third quarter. SJS Investment Consulting Inc. now owns 1,356 shares of the company’s stock worth $45,000 after buying an additional 1,339 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of YETI by 151.6% in the third quarter. Hantz Financial Services Inc. now owns 1,530 shares of the company’s stock worth $51,000 after buying an additional 922 shares during the last quarter.

Wall Street Analyst Weigh In

YETI has been the topic of a number of research analyst reports. B. Riley Financial upgraded shares of YETI from a “neutral” rating to a “buy” rating and raised their target price for the company from $35.00 to $54.00 in a research note on Friday, February 20th. Stifel Nicolaus upped their price target on shares of YETI from $34.00 to $43.00 and gave the company a “hold” rating in a report on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of YETI in a research note on Wednesday, January 21st. The Goldman Sachs Group reissued a “neutral” rating and set a $45.00 price objective on shares of YETI in a research report on Tuesday, January 27th. Finally, KeyCorp upgraded YETI from a “sector weight” rating to an “overweight” rating and set a $57.00 target price for the company in a research note on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $50.08.

Insider Activity at YETI

In other news, SVP Bryan C. Barksdale sold 9,756 shares of YETI stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $45.32, for a total transaction of $442,141.92. Following the sale, the senior vice president owned 56,397 shares of the company’s stock, valued at approximately $2,555,912.04. This trade represents a 14.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.94% of the company’s stock.

YETI Stock Performance

NYSE:YETI opened at $43.61 on Friday. The firm’s 50-day moving average is $46.96 and its 200-day moving average is $40.25. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 2.51 and a beta of 1.77. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.11 and a current ratio of 1.98. YETI Holdings, Inc. has a 52-week low of $26.61 and a 52-week high of $51.29.

YETI (NYSE:YETI) last released its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.04. YETI had a net margin of 8.85% and a return on equity of 22.53%. The business had revenue of $583.71 million during the quarter, compared to analysts’ expectations of $582.43 million. During the same quarter last year, the company earned $1.00 earnings per share. The firm’s revenue was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Equities research analysts anticipate that YETI Holdings, Inc. will post 2.57 earnings per share for the current year.

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.