Clear Creek Financial Management LLC acquired a new position in Deckers Outdoor Corporation (NYSE:DECK – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,729 shares of the textile maker’s stock, valued at approximately $384,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Roundview Capital LLC acquired a new stake in Deckers Outdoor in the second quarter worth about $1,542,000. KLP Kapitalforvaltning AS increased its position in Deckers Outdoor by 8.4% in the second quarter. KLP Kapitalforvaltning AS now owns 146,500 shares of the textile maker’s stock worth $15,100,000 after purchasing an additional 11,400 shares during the period. Belpointe Asset Management LLC increased its position in Deckers Outdoor by 16.1% in the second quarter. Belpointe Asset Management LLC now owns 8,161 shares of the textile maker’s stock worth $841,000 after purchasing an additional 1,134 shares during the period. Knights of Columbus Asset Advisors LLC increased its position in Deckers Outdoor by 15.3% in the second quarter. Knights of Columbus Asset Advisors LLC now owns 15,222 shares of the textile maker’s stock worth $1,569,000 after purchasing an additional 2,016 shares during the period. Finally, Marks Group Wealth Management Inc increased its position in Deckers Outdoor by 16.5% in the second quarter. Marks Group Wealth Management Inc now owns 73,272 shares of the textile maker’s stock worth $7,552,000 after purchasing an additional 10,370 shares during the period. 97.79% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. Telsey Advisory Group reiterated a “market perform” rating and issued a $120.00 price objective on shares of Deckers Outdoor in a research report on Friday, July 25th. Sanford C. Bernstein initiated coverage on Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price for the company. Truist Financial boosted their target price on Deckers Outdoor from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday. Finally, Barclays boosted their target price on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Deckers Outdoor has a consensus rating of “Hold” and a consensus target price of $136.26.
Deckers Outdoor Price Performance
NYSE:DECK opened at $95.23 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The stock has a market capitalization of $14.13 billion, a PE ratio of 14.61, a price-to-earnings-growth ratio of 3.63 and a beta of 1.05. The business’s 50-day simple moving average is $109.65 and its 200-day simple moving average is $109.30.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The business had revenue of $964.54 million for the quarter, compared to analysts’ expectations of $901.45 million. During the same quarter in the previous year, the business posted $4.52 EPS. Deckers Outdoor’s revenue for the quarter was up 16.9% on a year-over-year basis. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, research analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.
Insider Buying and Selling at Deckers Outdoor
In other news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by company 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.
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