Deckers Outdoor Corporation $DECK Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its position in Deckers Outdoor Corporation by 33.9%, now holding 459,711 shares worth approximately $50.19 million.
• Recently, various institutions have also established new stakes in Deckers Outdoor, reflecting a strong interest from institutional investors who now own 97.79% of the company's stock.
• Deckers Outdoor reported a 16.9% year-over-year revenue increase in its latest quarter, alongside an EPS of $0.93, beating analyst estimates, while guidance for Q2 2026 is set at $1.500-$1.550 EPS.

AQR Capital Management LLC lifted its stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 33.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 459,711 shares of the textile maker's stock after buying an additional 116,406 shares during the period. AQR Capital Management LLC owned approximately 0.30% of Deckers Outdoor worth $50,191,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of DECK. Federated Hermes Inc. grew its position in shares of Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after buying an additional 1,108,516 shares during the last quarter. Nuveen LLC purchased a new position in shares of Deckers Outdoor during the first quarter worth approximately $97,935,000. Pacer Advisors Inc. grew its position in shares of Deckers Outdoor by 4,770.0% during the first quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker's stock worth $71,679,000 after acquiring an additional 627,918 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its position in shares of Deckers Outdoor by 204.8% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 889,624 shares of the textile maker's stock worth $180,674,000 after acquiring an additional 597,743 shares during the last quarter. Finally, Atreides Management LP grew its position in shares of Deckers Outdoor by 123.6% during the first quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker's stock worth $120,609,000 after acquiring an additional 596,359 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.40% of the company's stock.

Deckers Outdoor Price Performance

Shares of NYSE DECK traded up $3.99 during trading on Thursday, hitting $118.12. 993,199 shares of the company were exchanged, compared to its average volume of 3,323,794. The company has a market cap of $17.52 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 4.35 and a beta of 1.05. Deckers Outdoor Corporation has a 1 year low of $93.72 and a 1 year high of $223.98. The firm's fifty day moving average price is $108.37 and its 200 day moving average price is $112.29.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business's revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, research analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor announced that its board has approved a stock repurchase program on Thursday, May 22nd that allows the company to repurchase $2.25 billion in outstanding shares. This repurchase authorization allows the textile maker to repurchase up to 11.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

DECK has been the topic of a number of research reports. Barclays raised their target price on shares of Deckers Outdoor from $128.00 to $134.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. KGI Securities upgraded shares of Deckers Outdoor to a "hold" rating in a research report on Monday, May 26th. Evercore ISI raised their target price on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an "in-line" rating in a research report on Friday, July 25th. Needham & Company LLC restated a "buy" rating and set a $128.00 target price (up from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Finally, UBS Group lifted their price objective on shares of Deckers Outdoor from $144.00 to $158.00 and gave the company a "buy" rating in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Deckers Outdoor presently has an average rating of "Hold" and a consensus target price of $137.50.

Deckers Outdoor Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.