First Eagle Investment Management LLC Takes $812,000 Position in Deckers Outdoor Corporation $DECK

First Eagle Investment Management LLC acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,880 shares of the textile maker’s stock, valued at approximately $812,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Deckers Outdoor by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after purchasing an additional 107,635 shares during the period. Northern Trust Corp increased its holdings in shares of Deckers Outdoor by 6.2% in the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after purchasing an additional 98,856 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Deckers Outdoor by 6.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock worth $170,003,000 after buying an additional 97,312 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its position in shares of Deckers Outdoor by 46.5% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock worth $157,681,000 after buying an additional 447,734 shares in the last quarter. Finally, Amundi boosted its stake in Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock valued at $151,743,000 after buying an additional 268,803 shares during the period. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $81.65 on Monday. The stock has a market capitalization of $11.90 billion, a P/E ratio of 12.10, a PEG ratio of 3.79 and a beta of 1.10. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98. The firm’s 50 day simple moving average is $103.03 and its two-hundred day simple moving average is $106.86.

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on DECK shares. Citigroup decreased their target price on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Jefferies Financial Group decreased their price objective on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating on the stock in a research report on Thursday, October 23rd. Sanford C. Bernstein assumed coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price on the stock. Bank of America boosted their price target on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Finally, Evercore ISI decreased their price target on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.11.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated 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 in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.40% of the company’s stock.

About Deckers Outdoor

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.