5,933 Shares in Deckers Outdoor Corporation $DECK Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC purchased a new position in Deckers Outdoor Corporation (NYSE:DECKFree Report) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 5,933 shares of the textile maker’s stock, valued at approximately $589,000.

A number of other institutional investors have also added to or reduced their stakes in DECK. Geneos Wealth Management Inc. raised its position in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of Deckers Outdoor in the fourth quarter worth $30,000. Rakuten Securities Inc. lifted its holdings in shares of Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after buying an additional 100 shares in the last quarter. Activest Wealth Management boosted its position in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after acquiring an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Deckers Outdoor during the fourth quarter worth $35,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Performance

NYSE DECK opened at $89.52 on Wednesday. The stock has a 50 day moving average price of $102.52 and a 200-day moving average price of $105.41. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $125.45. The company has a market capitalization of $12.19 billion, a P/E ratio of 12.70, a P/E/G ratio of 1.73 and a beta of 1.17.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. Deckers Outdoor’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities analysts predict that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on DECK shares. Piper Sandler reiterated a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. KGI Securities cut shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target on the stock. in a research note on Friday, May 22nd. Truist Financial dropped their price objective on shares of Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Friday, July 24th. Robert W. Baird cut their price objective on Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and issued a $85.00 target price on shares of Deckers Outdoor in a report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.16.

Get Our Latest Research Report on DECK

Deckers Outdoor Profile

(Free Report)

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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