Caisse DE Depot ET Placement DU Quebec Has $157.68 Million Holdings in Deckers Outdoor Corporation $DECK

Key Points

• Caisse DE Depot ET Placement DU Quebec increased its stake in Deckers Outdoor Corporation by **46.5%**, owning **1,410,262 shares** worth approximately **$157.68 million**.
• Deckers Outdoor reported **$0.93 earnings per share** for the last quarter, exceeding analysts' estimates of **$0.68**, with revenues of **$964.54 million**, reflecting a **16.9% increase** year-over-year.
• Deckers Outdoor has initiated a **$2.25 billion share buyback program**, authorizing the repurchase of up to **11.7% of its shares**, indicating that the board believes its stock is undervalued.

Caisse DE Depot ET Placement DU Quebec boosted its stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 46.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,410,262 shares of the textile maker's stock after buying an additional 447,734 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.93% of Deckers Outdoor worth $157,681,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Mpwm Advisory Solutions LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $26,000. Vega Investment Solutions acquired a new position in Deckers Outdoor in the fourth quarter worth approximately $29,000. Mountain Hill Investment Partners Corp. acquired a new position in Deckers Outdoor in the first quarter worth approximately $34,000. Fourth Dimension Wealth LLC acquired a new position in Deckers Outdoor in the fourth quarter worth approximately $41,000. Finally, Itau Unibanco Holding S.A. grew its position in Deckers Outdoor by 352.1% in the fourth quarter. Itau Unibanco Holding S.A. now owns 217 shares of the textile maker's stock worth $44,000 after buying an additional 169 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Stock Up 1.3%

Shares of NYSE:DECK traded up $1.49 during trading on Thursday, reaching $118.22. 2,353,969 shares of the company traded hands, compared to its average volume of 2,570,270. The firm has a fifty day simple moving average of $105.37 and a 200 day simple moving average of $114.42. The firm has a market cap of $17.54 billion, a P/E ratio of 17.90, a price-to-earnings-growth ratio of 4.43 and a beta of 0.99. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.25. The company had revenue of $964.54 million during 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 company's revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the business posted $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Deckers Outdoor announced that its board has initiated a share buyback plan on Thursday, May 22nd that permits the company to buyback $2.25 billion in shares. This buyback authorization permits the textile maker to purchase up to 11.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 completion of the sale, the director owned 10,681 shares of the company's stock, valued at approximately $1,165,083.48. The trade was a 2.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Cindy L. Davis bought 1,825 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was purchased at an average price of $109.76 per share, for a total transaction of $200,312.00. Following the completion of the purchase, the director directly owned 13,340 shares in the company, valued at $1,464,198.40. The trade was a 15.85% increase in their position. The disclosure for this purchase can be found here. 0.40% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have issued reports on DECK shares. Robert W. Baird lifted their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. TD Securities lifted their price target on shares of Deckers Outdoor from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. KeyCorp restated a "sector weight" rating and issued a $150.00 price target on shares of Deckers Outdoor in a research report on Friday, May 23rd. Telsey Advisory Group reiterated a "market perform" rating and set a $120.00 price objective on shares of Deckers Outdoor in a research report on Friday, July 25th. Finally, Bank of America lowered 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 report on Thursday, July 17th. One equities research 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.com, Deckers Outdoor has a consensus rating of "Hold" and a consensus target price of $137.50.

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.