Crossmark Global Holdings Inc. Sells 28,201 Shares of YETI Holdings, Inc. $YETI

Crossmark Global Holdings Inc. reduced its stake in YETI Holdings, Inc. (NYSE:YETI) by 15.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 151,067 shares of the company’s stock after selling 28,201 shares during the period. Crossmark Global Holdings Inc.’s holdings in YETI were worth $6,673,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Richardson Financial Services Inc. bought a new position in YETI in the fourth quarter worth about $25,000. Blue Trust Inc. raised its stake in YETI by 2,079.3% in the fourth quarter. Blue Trust Inc. now owns 632 shares of the company’s stock worth $28,000 after buying an additional 603 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in YETI by 91.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Quarry LP bought a new position in YETI in the third quarter worth about $30,000. Finally, Abich Financial Wealth Management LLC bought a new position in YETI in the third quarter worth about $39,000.

YETI Price Performance

Shares of NYSE YETI opened at $41.63 on Friday. YETI Holdings, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $51.29. The company has a 50 day simple moving average of $38.91 and a two-hundred day simple moving average of $41.62. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 20.51 and a beta of 1.69. 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 (NYSE:YETI) last announced its earnings results on Thursday, February 19th. The company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $582.43 million. During the same quarter last year, the firm earned $1.00 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.770-2.830 EPS. Analysts expect that YETI Holdings, Inc. will post 2.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup increased their price target on shares of YETI from $44.00 to $53.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Stifel Nicolaus set a $41.00 target price on shares of YETI in a research note on Thursday, April 16th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $45.00 target price on shares of YETI in a research note on Tuesday, January 27th. Roth Mkm raised shares of YETI from a “neutral” rating to a “buy” rating and set a $60.00 target price for the company in a research note on Tuesday, February 17th. Finally, Robert W. Baird raised their target price on shares of YETI from $52.00 to $54.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $48.50.

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.