Norges Bank Takes Position in Deckers Outdoor Corporation $DECK

Posted by on Jun 3rd, 2026

Norges Bank bought a new stake in Deckers Outdoor Corporation (NYSE:DECK – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,437,823 shares of the textile maker’s stock, valued at approximately $252,729,000. Norges Bank owned approximately 1.72% of Deckers Outdoor as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DECK. Geneos Wealth Management Inc. lifted its holdings in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at $30,000. Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 45.5% during 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 in the last quarter. Activest Wealth Management grew its holdings in shares of Deckers Outdoor by 298.8% during 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 in the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $110.72 on Wednesday. The company has a market capitalization of $15.38 billion, a price-to-earnings ratio of 15.73, a PEG ratio of 2.20 and a beta of 1.16. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50. The company’s fifty day moving average price is $103.28 and its two-hundred day moving average price is $103.09.

Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, sell-side analysts anticipate that Deckers Outdoor Corporation will post 7.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on DECK. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Needham & Company LLC restated a “buy” rating and set a $138.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Wells Fargo & Company cut shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $115.00 to $90.00 in a report on Friday, May 8th. Barclays restated an “overweight” rating and set a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday, May 26th. Finally, UBS Group boosted their price target on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $121.11.

Check Out Our Latest Stock Analysis on Deckers Outdoor

Deckers Outdoor Company 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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