SG Americas Securities LLC Sells 603,993 Shares of YETI Holdings, Inc. $YETI

SG Americas Securities LLC decreased its position in YETI Holdings, Inc. (NYSE:YETI) by 80.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,754 shares of the company’s stock after selling 603,993 shares during the quarter. SG Americas Securities LLC’s holdings in YETI were worth $5,260,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of YETI. L. Roy Papp & Associates LLP boosted its position in shares of YETI by 0.5% during the fourth quarter. L. Roy Papp & Associates LLP now owns 53,095 shares of the company’s stock worth $2,345,000 after buying an additional 240 shares during the period. Cardinal Point Capital Management ULC grew its holdings in shares of YETI by 0.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 41,845 shares of the company’s stock worth $1,848,000 after buying an additional 300 shares in the last quarter. SBI Securities Co. Ltd. raised its position in YETI by 91.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the last quarter. PNC Financial Services Group Inc. raised its position in YETI by 6.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock valued at $250,000 after buying an additional 321 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in YETI by 35.4% in the 4th quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock valued at $55,000 after acquiring an additional 327 shares in the last quarter.

YETI Trading Down 0.0%

Shares of YETI stock opened at $51.21 on Monday. The stock has a market cap of $3.88 billion, a P/E ratio of 26.13, a P/E/G ratio of 1.61 and a beta of 1.74. 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 Holdings, Inc. has a 12-month low of $30.15 and a 12-month high of $51.89. The business’s 50 day moving average is $44.63 and its 200-day moving average is $43.83.

YETI (NYSE:YETI) last released its earnings results on Thursday, May 14th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.09. YETI had a net margin of 8.36% and a return on equity of 22.61%. The business had revenue of $380.41 million during the quarter, compared to analysts’ expectations of $374.73 million. During the same period last year, the business earned $0.31 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. YETI has set its FY 2026 guidance at 2.830-2.890 EPS. Equities research analysts predict that YETI Holdings, Inc. will post 2.44 earnings per share for the current fiscal year.

Trending Headlines about YETI

Here are the key news stories impacting YETI this week:

• Positive Sentiment: Multiple shopping articles spotlight Prime Day discounts on YETI coolers and drinkware, including savings of up to 30% and even 40% on some items, which could boost traffic and sales volume for the brand. The Best Prime Day Cooler Deals on Yeti, Ninja, Igloo, and More
• Positive Sentiment: Coverage of “YETI’s best sale of the year” at REI and other retailer promotions suggests strong consumer interest and promotional visibility for the company’s premium outdoor products. Yeti’s best sale of the year is hiding at REI right now
• Positive Sentiment: Analysts continue to view the stock favorably, with one note saying YETI has a consensus rating of “Moderate Buy,” which can reinforce investor confidence. YETI Holdings, Inc. (NYSE:YETI) Given Consensus Rating of “Moderate Buy” by Analysts

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wall Street Zen downgraded YETI from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Weiss Ratings lowered shares of YETI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Canaccord Genuity Group increased their target price on shares of YETI from $42.00 to $45.00 and gave the stock a “hold” rating in a report on Tuesday, June 23rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $55.00 target price on shares of YETI in a research report on Friday, May 15th. Finally, Morgan Stanley set a $45.00 price target on shares of YETI in a research note on Tuesday, June 23rd. Nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.