B. Metzler seel. Sohn & Co. AG purchased a new position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,525 shares of the textile maker's stock, valued at approximately $1,244,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new stake in Deckers Outdoor in the 2nd quarter worth approximately $1,343,613,000. Federated Hermes Inc. lifted its holdings in shares of Deckers Outdoor by 374.1% in the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker's stock worth $326,531,000 after acquiring an additional 2,485,338 shares during the last quarter. Invesco Ltd. lifted its stake in Deckers Outdoor by 0.5% in the fourth quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker's stock worth $285,380,000 after purchasing an additional 12,350 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Deckers Outdoor by 340.5% during the 4th quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker's stock valued at $273,000,000 after acquiring an additional 2,035,517 shares during the period. Finally, Norges Bank purchased a new stake in shares of Deckers Outdoor during the fourth quarter valued at $252,729,000. Institutional investors own 97.79% of the company's stock.
Analyst Ratings Changes
Several research analysts recently issued reports on DECK shares. Truist Financial dropped their price objective on Deckers Outdoor from $125.00 to $105.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Argus set a $128.00 target price on shares of Deckers Outdoor in a research report on Friday, May 29th. Needham & Company LLC lowered their price target on Deckers Outdoor from $138.00 to $125.00 and set a "buy" rating for the company in a report on Friday, July 24th. Stifel Nicolaus set a $133.00 price objective on shares of Deckers Outdoor and gave the stock a "buy" rating in a research note on Friday, July 24th. Finally, Wells Fargo & Company reiterated an "underweight" rating and issued a $85.00 target price on shares of Deckers Outdoor in a research report on Friday, July 24th. Nine research 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, the stock presently has an average rating of "Hold" and a consensus price target of $117.16.
Check Out Our Latest Report on DECK
Deckers Outdoor Stock Down 0.2%
Shares of Deckers Outdoor stock opened at $91.50 on Monday. The firm has a market cap of $12.46 billion, a PE ratio of 12.98, a P/E/G ratio of 1.71 and a beta of 1.17. The business has a 50-day moving average price of $101.17 and a 200 day moving average price of $104.96. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $125.45.
Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, sell-side analysts expect that Deckers Outdoor Corporation will post 7.5 EPS for the current year.
Deckers Outdoor 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.
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