YETI Holdings, Inc. (NYSE:YETI) Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA cut its position in YETI Holdings, Inc. (NYSE:YETI) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 376,452 shares of the company’s stock after selling 3,331 shares during the period. Glenmede Trust Co. NA owned 0.44% of YETI worth $15,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Janus Henderson Group PLC boosted its stake in YETI by 65.8% during the 1st quarter. Janus Henderson Group PLC now owns 68,237 shares of the company’s stock worth $2,630,000 after purchasing an additional 27,076 shares during the last quarter. International Assets Investment Management LLC boosted its position in YETI by 26,657.7% during the third quarter. International Assets Investment Management LLC now owns 43,615 shares of the company’s stock worth $1,790,000 after acquiring an additional 43,452 shares during the last quarter. Schwartz Investment Counsel Inc. grew its stake in YETI by 7.5% during the 3rd quarter. Schwartz Investment Counsel Inc. now owns 362,150 shares of the company’s stock valued at $14,859,000 after acquiring an additional 25,300 shares in the last quarter. Intech Investment Management LLC acquired a new stake in YETI in the 3rd quarter valued at about $1,415,000. Finally, Congress Asset Management Co. boosted its holdings in shares of YETI by 18.3% during the 3rd quarter. Congress Asset Management Co. now owns 1,070,653 shares of the company’s stock worth $43,929,000 after purchasing an additional 165,458 shares during the last quarter.

Analyst Ratings Changes

Several research firms recently commented on YETI. Citigroup cut their price target on YETI from $49.00 to $47.00 and set a “buy” rating for the company in a report on Monday, August 5th. Roth Mkm boosted their price target on shares of YETI from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, August 9th. Piper Sandler restated an “overweight” rating and set a $54.00 price objective (down from $55.00) on shares of YETI in a research report on Friday, November 8th. B. Riley boosted their target price on shares of YETI from $38.00 to $45.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Finally, KeyCorp raised their price target on shares of YETI from $36.00 to $38.00 and gave the stock an “underweight” rating in a report on Friday, August 9th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, YETI currently has an average rating of “Hold” and an average price target of $45.46.

YETI Trading Up 1.3 %

YETI opened at $40.33 on Friday. The company has a quick ratio of 1.45, a current ratio of 2.58 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.42 billion, a P/E ratio of 17.31, a P/E/G ratio of 1.16 and a beta of 2.12. YETI Holdings, Inc. has a 52 week low of $33.41 and a 52 week high of $54.15. The business has a fifty day simple moving average of $39.02 and a 200-day simple moving average of $39.44.

About YETI

YETI Holdings, Inc designs, retails, and distributes products for the outdoor and recreation market under the YETI brand. It offers coolers and equipment, including hard and soft coolers, cargo, bags, outdoor living, and associated accessories, as well as backpacks, duffel bags, luggage, packing cubes, carryalls, camp chairs, blankets, dog beds, dog bowls, and gear cases under the LoadOut, Panga, Crossroads, Camino, Hondo Base, Trailhead, Lowlands, Boomer, and SideKick Dry brands.