Credit Agricole S A Has $48.42 Million Stock Position in Deckers Outdoor Corporation $DECK

Key Points

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Credit Agricole S A lifted its stake in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 783.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 433,018 shares of the textile maker's stock after purchasing an additional 383,991 shares during the quarter. Credit Agricole S A owned 0.29% of Deckers Outdoor worth $48,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Federated Hermes Inc. increased its position in shares of Deckers Outdoor by 1,998.7% in the first 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 in the last quarter. Nuveen LLC acquired a new position in Deckers Outdoor in the 1st quarter worth approximately $97,935,000. Pacer Advisors Inc. boosted its stake 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 purchasing an additional 627,918 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Deckers Outdoor by 204.8% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 889,624 shares of the textile maker's stock worth $180,674,000 after purchasing an additional 597,743 shares in the last quarter. Finally, AMF Tjanstepension AB raised its stake in Deckers Outdoor by 1,037.7% during the 1st quarter. AMF Tjanstepension AB now owns 596,735 shares of the textile maker's stock valued at $66,721,000 after purchasing an additional 544,283 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.

Insider Activity

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

Deckers Outdoor Trading Up 0.5%

DECK stock traded up $0.5270 during mid-day trading on Thursday, hitting $104.5770. The stock had a trading volume of 1,419,824 shares, compared to its average volume of 3,774,169. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The company has a fifty day moving average of $104.14 and a 200 day moving average of $116.30. The stock has a market capitalization of $15.51 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 3.95 and a beta of 0.99.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating 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 business had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same period in the previous year, the company earned $4.52 EPS. The firm'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, sell-side analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on DECK shares. Bank of America decreased their target price on Deckers Outdoor from $128.00 to $114.00 and set a "neutral" rating for the company in a research report on Thursday, July 17th. Cowen reissued a "buy" rating on shares of Deckers Outdoor in a research note on Tuesday, May 20th. Raymond James Financial lifted their target price on Deckers Outdoor from $123.00 to $137.00 and gave the company a "strong-buy" rating in a research note on Friday, July 25th. Citigroup dropped their target price on Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating on the stock in a report on Monday, April 28th. Finally, KeyCorp restated a "sector weight" rating and set a $150.00 price target on shares of Deckers Outdoor in a report on Friday, May 23rd. 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 given a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor presently has an average rating of "Hold" and an average target price of $137.50.

Deckers Outdoor 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.