Capital Investment Counsel Inc Purchases Shares of 29,187 Deckers Outdoor Corporation $DECK

Capital Investment Counsel Inc acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 29,187 shares of the textile maker’s stock, valued at approximately $3,008,000.

Other institutional investors have also recently made changes to their positions in the company. CVA Family Office LLC lifted its position in shares of Deckers Outdoor by 137.4% in the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after buying an additional 180 shares in the last quarter. Cromwell Holdings LLC increased its stake in Deckers Outdoor by 4,766.7% in the 2nd quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after acquiring an additional 429 shares during the last quarter. Banque Transatlantique SA purchased a new stake in shares of Deckers Outdoor during the 1st quarter worth approximately $51,000. Costello Asset Management INC bought a new position in shares of Deckers Outdoor during the 1st quarter valued at approximately $78,000. Finally, Whittier Trust Co. boosted its position in shares of Deckers Outdoor by 187.3% during the 2nd quarter. Whittier Trust Co. now owns 767 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DECK. Needham & Company LLC decreased their price target on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Barclays reduced their target price on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday. Bank of America lifted their price target on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Finally, Robert W. Baird decreased their price objective on Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $118.11.

Deckers Outdoor Trading Up 1.9%

Shares of NYSE:DECK opened at $84.27 on Thursday. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $223.98. The company has a market capitalization of $12.28 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 3.79 and a beta of 1.10. The firm’s 50-day moving average is $100.64 and its 200 day moving average is $106.30.

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

Insiders Place Their Bets

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

Deckers Outdoor Company 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.