Algert Global LLC Has $16.89 Million Stock Holdings in Deckers Outdoor Corporation $DECK

Key Points

• Algert Global increased its Deckers Outdoor stake by 11.8% in the second quarter, holding 170,130 shares valued at approximately $16.89 million. Institutional investors collectively own 97.79% of DECK.
• Deckers reported quarterly earnings of $0.94 per share, exceeding estimates of $0.88, while revenue reached $1.02 billion and rose 5.7% year over year.
• DECK shares opened at $92.09, below the analyst consensus price target of $117.16. Analyst sentiment is mixed, with an overall “Hold” rating from 24 analysts.

Algert Global LLC increased its stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 11.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,130 shares of the textile maker's stock after buying an additional 17,961 shares during the period. Algert Global LLC owned 0.12% of Deckers Outdoor worth $16,892,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DECK. Geneos Wealth Management Inc. lifted its position in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. raised 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 worth $33,000 after purchasing an additional 100 shares during the last quarter. Activest Wealth Management raised 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 worth $34,000 after purchasing an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in Deckers Outdoor in the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Stock Up 0.4%

DECK opened at $92.09 on Tuesday. The stock has a market cap of $12.54 billion, a P/E ratio of 13.06, a P/E/G ratio of 1.71 and a beta of 1.17. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $125.45. The company has a fifty day simple moving average of $100.76 and a 200 day simple moving average of $104.81.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, equities research analysts expect that Deckers Outdoor Corporation will post 7.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $105.00 price target on shares of Deckers Outdoor in a research note on Friday, May 22nd. UBS Group reiterated a "buy" rating on shares of Deckers Outdoor in a research report on Friday, July 24th. Weiss Ratings reissued a "hold (c)" rating on shares of Deckers Outdoor in a report on Friday, July 17th. KGI Securities cut Deckers Outdoor from an "outperform" rating to a "neutral" rating and set a $117.00 price objective for the company. in a report on Friday, May 22nd. Finally, Needham & Company LLC cut their target price on shares of Deckers Outdoor from $138.00 to $125.00 and set a "buy" rating on the stock in a research report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $117.16.

Deckers Outdoor 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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