72,800 Shares in Deckers Outdoor Corporation $DECK Acquired by BW Gestao de Investimentos Ltda.

Key Points

• BW Gestao de Investimentos Ltda. has invested approximately $8.14 million in Deckers Outdoor by acquiring 72,800 shares in the first quarter, according to a recent SEC filing.
• Deckers Outdoor Corporation reported $0.93 EPS for its most recent quarter, outperforming analysts' expectations of $0.68, with a significant revenue increase of 16.9% year-over-year.
• The company has announced a $2.25 billion share buyback program, highlighting management's belief that their shares are currently undervalued.

BW Gestao de Investimentos Ltda. bought a new position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 72,800 shares of the textile maker's stock, valued at approximately $8,140,000.

Several other hedge funds also recently added to or reduced their stakes in DECK. Mpwm Advisory Solutions LLC purchased a new position in Deckers Outdoor in the fourth quarter valued at about $26,000. Vega Investment Solutions purchased a new position in Deckers Outdoor in the fourth quarter valued at about $29,000. Mountain Hill Investment Partners Corp. purchased a new position in Deckers Outdoor in the first quarter valued at about $34,000. Fourth Dimension Wealth LLC purchased a new position in Deckers Outdoor in the fourth quarter valued at about $41,000. Finally, Olde Wealth Management LLC purchased a new position in Deckers Outdoor in the first quarter valued at about $47,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Down 2.9%

DECK stock traded down $3.54 during midday trading on Friday, reaching $120.37. The company had a trading volume of 2,192,393 shares, compared to its average volume of 2,465,278. The stock has a 50 day moving average price of $107.73 and a 200 day moving average price of $113.00. 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 $17.86 billion, a PE ratio of 18.46, a P/E/G ratio of 4.71 and a beta of 1.05.

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

Deckers Outdoor declared that its Board of Directors has initiated a stock buyback program on Thursday, May 22nd that allows the company to buyback $2.25 billion in shares. This buyback authorization allows the textile maker to repurchase up to 11.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts recently commented on DECK shares. UBS Group lifted their price target on Deckers Outdoor from $144.00 to $158.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Raymond James Financial lifted their price target on Deckers Outdoor from $123.00 to $137.00 and gave the stock a "strong-buy" rating in a research note on Friday, July 25th. KeyCorp reiterated a "sector weight" rating and issued a $150.00 price target on shares of Deckers Outdoor in a research note on Friday, May 23rd. Telsey Advisory Group restated a "market perform" rating and issued a $120.00 target price on shares of Deckers Outdoor in a research note on Friday, July 25th. Finally, Argus assumed coverage on Deckers Outdoor in a research note on Friday, June 13th. They issued a "hold" rating for the company. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor presently has an average rating of "Hold" and an average price target of $137.50.

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.