Deckers Outdoor Corporation $DECK Shares Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Deckers Outdoor Corporation by 138.6% during the first quarter, acquiring an additional 11,352 shares for a total of 19,540 shares valued at approximately $2.185 million.
• Several analysts have adjusted their price targets for Deckers Outdoor, with estimates ranging from $114.00 (Bank of America) to $175.00 (TD Securities), while the average target price is around $137.50.
• Deckers Outdoor announced a $2.25 billion share buyback program approved by its board, allowing for the repurchase of up to 11.7% of its shares, signaling confidence in the company's valuation.

B. Metzler seel. Sohn & Co. AG increased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 138.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,540 shares of the textile maker's stock after purchasing an additional 11,352 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Deckers Outdoor were worth $2,185,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DECK. Federated Hermes Inc. boosted its holdings in 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 worth $130,144,000 after acquiring an additional 1,108,516 shares during the period. Nuveen LLC purchased a new position in Deckers Outdoor in the 1st quarter worth approximately $97,935,000. Pacer Advisors Inc. boosted its holdings in Deckers Outdoor by 4,770.0% in the 1st 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 period. Jacobs Levy Equity Management Inc. boosted its holdings in Deckers Outdoor by 204.8% in the 4th 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 period. Finally, AMF Tjanstepension AB boosted its holdings in Deckers Outdoor by 1,037.7% in the 1st quarter. AMF Tjanstepension AB now owns 596,735 shares of the textile maker's stock worth $66,721,000 after acquiring an additional 544,283 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on DECK. Wells Fargo & Company upped their price target on Deckers Outdoor from $90.00 to $100.00 and gave the stock an "equal weight" rating in a report on Friday, July 25th. Barclays increased their target price on Deckers Outdoor from $128.00 to $134.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Argus started coverage on Deckers Outdoor in a research note on Friday, June 13th. They set a "hold" rating for the company. Evercore ISI increased their target price on Deckers Outdoor from $110.00 to $115.00 and gave the company an "in-line" rating in a research note on Friday, July 25th. Finally, UBS Group raised their price objective on Deckers Outdoor from $144.00 to $158.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $137.50.

Deckers Outdoor Stock Up 2.5%

NYSE DECK traded up $3.04 during trading hours on Tuesday, hitting $122.67. The company had a trading volume of 2,135,027 shares, compared to its average volume of 3,358,203. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The business has a fifty day simple moving average of $106.11 and a 200-day simple moving average of $113.32. The firm has a market cap of $18.20 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 4.54 and a beta of 1.05.

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

Deckers Outdoor declared that its Board of Directors has approved a share repurchase plan on Thursday, May 22nd that allows the company to buyback $2.25 billion in outstanding shares. This buyback authorization allows the textile maker to purchase up to 11.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Cindy L. Davis purchased 1,825 shares of the stock in a transaction dated Friday, June 6th. The shares were bought at an average cost of $109.76 per share, with a total value of $200,312.00. Following the completion of the acquisition, the director owned 13,340 shares of the company's stock, valued at approximately $1,464,198.40. This trade represents a 15.85% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $109.08, for a total value of $32,724.00. Following the transaction, the director directly owned 10,681 shares in the company, valued at $1,165,083.48. This trade represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by company insiders.

About Deckers Outdoor

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.