Bank of Montreal Can Has $19.47 Million Stock Position in Deckers Outdoor Corporation $DECK

Bank of Montreal Can lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 37.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 188,873 shares of the textile maker’s stock after acquiring an additional 51,914 shares during the period. Bank of Montreal Can owned approximately 0.13% of Deckers Outdoor worth $19,467,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in DECK. Horizon Investments LLC increased its holdings in Deckers Outdoor by 4.6% during the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after purchasing an additional 96 shares in the last quarter. Cumberland Partners Ltd lifted its holdings in shares of Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock valued at $3,130,000 after purchasing an additional 98 shares in the last quarter. Park Place Capital Corp boosted its position in shares of Deckers Outdoor by 14.9% during the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock valued at $81,000 after buying an additional 100 shares during the last quarter. Tower View Wealth Management LLC boosted its position in shares of Deckers Outdoor by 1.1% during the second quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock valued at $1,149,000 after buying an additional 117 shares during the last quarter. Finally, Shilanski & Associates Inc. grew its holdings in Deckers Outdoor by 1.2% during the second quarter. Shilanski & Associates Inc. now owns 11,662 shares of the textile maker’s stock worth $1,202,000 after buying an additional 142 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on DECK shares. Jefferies Financial Group dropped their price objective on Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating on the stock in a research note on Thursday, October 23rd. Sanford C. Bernstein assumed coverage on shares of Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target on the stock. Truist Financial set a $105.00 price objective on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, October 24th. Telsey Advisory Group dropped their target price on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating on the stock in a research report on Friday, October 24th. Finally, KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has an average rating of “Moderate Buy” and an average target price of $118.11.

Deckers Outdoor Stock Up 2.3%

Deckers Outdoor stock opened at $81.65 on Friday. The firm has a 50 day moving average price of $103.03 and a 200-day moving average price of $106.85. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $223.98. The company has a market capitalization of $11.90 billion, a P/E ratio of 12.10, a P/E/G ratio of 3.79 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. Deckers Outdoor’s revenue for the quarter was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Equities analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.