United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 2,161.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 92,702 shares of the textile maker’s stock after acquiring an additional 88,602 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned approximately 0.07% of Deckers Outdoor worth $9,610,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its position in Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares during the period. Elyxium Wealth LLC acquired a new position in Deckers Outdoor in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Activest Wealth Management increased its position in Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the period. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter worth $40,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on DECK. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. UBS Group increased their price objective on shares of Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a research report on Friday. Finally, Truist Financial set a $125.00 price objective on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and a consensus target price of $120.72.
Deckers Outdoor Stock Down 0.1%
Shares of NYSE DECK opened at $114.24 on Friday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The firm has a market cap of $15.87 billion, a PE ratio of 16.23, a P/E/G ratio of 2.27 and a beta of 1.14. The company’s fifty day simple moving average is $102.97 and its 200 day simple moving average is $102.66.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the firm earned $1.00 earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts predict that Deckers Outdoor Corporation will post 7.41 earnings per share for the current year.
Deckers Outdoor Company Profile
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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