BDF Gestion Has $2.30 Million Stake in Deckers Outdoor Corporation $DECK

Key Points

• BDF Gestion has reduced its holdings in Deckers Outdoor Corporation by 9.8%, selling 2,427 shares during the 2nd quarter, bringing their total ownership to 22,266 shares valued at approximately $2.3 million.
• Several institutional investors have increased their positions in Deckers Outdoor, with significant new stakes from firms like Vega Investment Solutions and Mountain Hill Investment Partners Corp. in the recent quarters.
• Analysts have varied opinions on Deckers Outdoor, with targets ranging from a low of $87 to a high of $137, while the stock currently maintains an average rating of Hold and an average price target of $135.89.

BDF Gestion decreased its holdings in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 9.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 22,266 shares of the textile maker's stock after selling 2,427 shares during the period. BDF Gestion's holdings in Deckers Outdoor were worth $2,295,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Horizon Investments LLC raised its holdings in Deckers Outdoor by 4.6% in the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock valued at $244,000 after buying an additional 96 shares during the period. Cumberland Partners Ltd raised its holdings in Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock valued at $3,130,000 after buying an additional 98 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Deckers Outdoor by 0.8% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker's stock valued at $1,913,000 after buying an additional 140 shares during the period. Vega Investment Solutions purchased a new position in Deckers Outdoor in the fourth quarter valued at approximately $29,000. Finally, HM Payson & Co. raised its holdings in Deckers Outdoor by 12.5% in the first quarter. HM Payson & Co. now owns 1,350 shares of the textile maker's stock valued at $151,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Telsey Advisory Group restated a "market perform" rating and issued a $120.00 price target on shares of Deckers Outdoor in a report on Friday, July 25th. Needham & Company LLC reiterated a "buy" rating and set a $128.00 price objective (up previously from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. Truist Financial lifted their price objective on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, July 25th. KGI Securities upgraded shares of Deckers Outdoor to a "hold" rating in a research note on Monday, May 26th. Finally, Bank of America dropped their price objective on shares of Deckers Outdoor from $128.00 to $114.00 and set a "neutral" rating on the stock in a research note on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Deckers Outdoor has a consensus rating of "Hold" and an average price target of $135.89.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares of the company's stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.40% of the company's stock.

Deckers Outdoor Trading Down 1.4%

DECK stock traded down $1.61 during trading on Friday, hitting $113.82. The company had a trading volume of 4,543,723 shares, compared to its average volume of 2,585,676. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The firm has a market capitalization of $16.88 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 4.29 and a beta of 1.05. The business has a 50 day moving average of $110.11 and a 200 day moving average of $110.90.

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

Deckers Outdoor Company 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.