Conway Capital Management Inc. acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,042 shares of the textile maker's stock, valued at approximately $1,990,000. Deckers Outdoor accounts for approximately 0.9% of Conway Capital Management Inc.'s holdings, making the stock its 18th largest position.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Deckers Outdoor in the 2nd quarter valued at about $1,343,613,000. Federated Hermes Inc. grew its holdings in shares of Deckers Outdoor by 374.1% during the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker's stock worth $326,531,000 after purchasing an additional 2,485,338 shares in the last quarter. Norges Bank bought a new position in shares of Deckers Outdoor in the fourth quarter worth approximately $252,729,000. AQR Capital Management LLC raised its stake in Deckers Outdoor by 340.5% in the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker's stock valued at $273,000,000 after purchasing an additional 2,035,517 shares in the last quarter. Finally, Viking Global Investors LP purchased a new stake in Deckers Outdoor in the third quarter valued at approximately $175,058,000. 97.79% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Sanford C. Bernstein reissued a "market perform" rating and issued a $105.00 price target on shares of Deckers Outdoor in a research note on Friday, May 22nd. Piper Sandler restated a "neutral" rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Truist Financial lowered their price objective on shares of Deckers Outdoor from $125.00 to $105.00 and set a "buy" rating on the stock in a research report on Friday, July 24th. Zacks Research downgraded shares of Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus set a $133.00 target price on shares of Deckers Outdoor and gave the stock a "buy" rating in a research report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Deckers Outdoor has an average rating of "Hold" and a consensus target price of $117.16.
Get Our Latest Report on Deckers Outdoor
Deckers Outdoor Price Performance
Shares of NYSE DECK opened at $90.11 on Tuesday. The stock has a market capitalization of $12.27 billion, a P/E ratio of 12.78, a PEG ratio of 1.73 and a beta of 1.17. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $125.45. The firm's 50 day simple moving average is $102.98 and its two-hundred day simple moving average is $105.47.
Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same period in the previous year, the business posted $0.93 EPS. The business's quarterly revenue was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities analysts expect that Deckers Outdoor Corporation will post 7.5 earnings per share for the current fiscal year.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Deckers Outdoor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deckers Outdoor wasn't on the list.
While Deckers Outdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
