15,806 Deckers Outdoor Corporation $DECK Shares Acquired by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings increased its Deckers Outdoor position by 176.9% in the third quarter, acquiring 15,806 shares and bringing its total holdings to 24,742 shares valued at approximately $1.93 million.
• Institutional investors own 97.79% of Deckers’ shares, with BlackRock, UBS Asset Management, Bank of New York Mellon and Amundi among other major holders adding or initiating positions.
• Deckers shares opened at $81, near their 12-month low, while analyst sentiment remained mixed with a consensus “Hold” rating and average price target of $105.79. Recent guidance cited slower direct-to-consumer demand, higher promotions and weaker HOKA and UGG growth, despite stronger-than-expected earnings and margins.

Crossmark Global Holdings Inc. increased its position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 176.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,742 shares of the textile maker's stock after acquiring an additional 15,806 shares during the period. Crossmark Global Holdings Inc.'s holdings in Deckers Outdoor were worth $1,933,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Deckers Outdoor in the second quarter valued at $1,343,613,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Deckers Outdoor by 21.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,116,595 shares of the textile maker's stock worth $210,157,000 after acquiring an additional 374,923 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Deckers Outdoor by 123.2% in the first quarter. Bank of New York Mellon Corp now owns 1,803,021 shares of the textile maker's stock worth $180,464,000 after acquiring an additional 995,099 shares during the period. Amundi boosted its holdings in Deckers Outdoor by 13.2% in the first quarter. Amundi now owns 1,611,174 shares of the textile maker's stock valued at $161,262,000 after acquiring an additional 187,702 shares during the last quarter. Finally, Caisse de depot et placement du Quebec bought a new stake in Deckers Outdoor in the second quarter valued at approximately $119,656,000. Institutional investors and hedge funds own 97.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DECK shares. Truist Financial set a $95.00 target price on shares of Deckers Outdoor and gave the stock a "buy" rating in a research note on Friday. The Goldman Sachs Group restated a "sell" rating and set a $75.00 price objective (down from $86.00) on shares of Deckers Outdoor in a report on Friday. BNP Paribas Exane lowered their price objective on shares of Deckers Outdoor from $184.00 to $122.00 and set an "outperform" rating on the stock in a report on Friday. Barclays set a $100.00 price objective on shares of Deckers Outdoor in a research note on Friday. Finally, Weiss Ratings cut shares of Deckers Outdoor from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, September 3rd. Eleven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $105.79.

Deckers Outdoor Trading Down 5.0%

NYSE DECK opened at $81.00 on Friday. The business has a fifty day simple moving average of $83.43 and a 200 day simple moving average of $96.89. Deckers Outdoor Corporation has a 12 month low of $77.20 and a 12 month high of $122.29. The firm has a market capitalization of $11.04 billion, a P/E ratio of 10.74, a PEG ratio of 1.26 and a beta of 1.12.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 19.18% and a return on equity of 41.78%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the firm earned $0.93 EPS. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. As a group, sell-side analysts predict that Deckers Outdoor Corporation will post 7.78 EPS for the current fiscal year.

More Deckers Outdoor News

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers reported fiscal second-quarter EPS well above consensus, supported by stronger-than-expected margins. Revenue rose roughly 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% and wholesale sales grew 9%. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company’s fiscal 2027 EPS outlook of $7.80 to $7.95 is above the consensus estimate of $7.52, indicating that disciplined pricing and margin management remain supportive of profitability. Deckers Projects Fiscal 2027 Guidance
• Neutral Sentiment: Some analysts still see substantial upside and retained positive ratings: BNP Paribas Exane maintained “outperform,” while Stifel and Needham maintained “buy” ratings. However, their price targets were reduced, reflecting more cautious assumptions. Stifel Analyst Recommendation
• Negative Sentiment: Fiscal 2027 revenue guidance was cut to $5.70 billion–$5.725 billion from expectations near $5.9 billion. Management cited softer direct-to-consumer demand, logistics issues, higher promotions and slower HOKA and UGG growth. Deckers Cuts Sales Outlook Amid Slower HOKA and UGG Growth
• Negative Sentiment: The revenue miss and reduced outlook triggered broad analyst target cuts, including Piper Sandler’s downgrade to “underweight” with a $75 target. Jefferies, Evercore, Raymond James, Truist and others also lowered targets, signaling concern that premium footwear growth may be losing momentum amid aggressive industry discounting. Piper Sandler Downgrades Deckers Outdoor

Deckers Outdoor Profile

Deckers Outdoor Corporation, doing business as Deckers Brands NYSE: DECK, is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.

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