Deutsche Bank AG Invests $100.62 Million in Deckers Outdoor Corporation $DECK

Key Points

• Deutsche Bank acquired 1,013,399 Deckers Outdoor shares during the second quarter, valued at approximately $100.6 million and representing a 0.74% stake. Institutional investors and hedge funds collectively own 97.79% of the company.
• Deckers reported quarterly EPS of $0.94, beating estimates of $0.88, while revenue reached $1.02 billion and increased 5.7% year over year. The company guided to fiscal 2027 EPS of $7.35–$7.50.
• DECK shares opened at $88.70, down 3.1%, while analysts’ average rating remained “Hold” with an average price target of $117.16; recent targets ranged from $85 to $128.

Deutsche Bank AG purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,013,399 shares of the textile maker's stock, valued at approximately $100,620,000. Deutsche Bank AG owned 0.74% of Deckers Outdoor as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its stake in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock worth $29,000 after acquiring an additional 215 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of Deckers Outdoor during the 4th quarter worth $30,000. Rakuten Securities Inc. grew its holdings in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock worth $33,000 after purchasing an additional 100 shares during the period. Activest Wealth Management increased its position in shares of Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker's stock worth $34,000 after purchasing an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Deckers Outdoor during the 4th quarter worth about $35,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Stock Down 3.1%

NYSE:DECK opened at $88.70 on Friday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $125.45. The company has a fifty day simple moving average of $101.62 and a two-hundred day simple moving average of $105.14. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, analysts expect that Deckers Outdoor Corporation will post 7.5 EPS for the current year.

Analysts Set New Price Targets

DECK has been the topic of a number of recent analyst reports. Argus set a $128.00 target price on shares of Deckers Outdoor in a research report on Friday, May 29th. Needham & Company LLC dropped their price target on shares of Deckers Outdoor from $138.00 to $125.00 and set a "buy" rating for the company in a research report on Friday, July 24th. Truist Financial reduced their price target on shares of Deckers Outdoor from $125.00 to $105.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. KeyCorp restated a "sector weight" rating on shares of Deckers Outdoor in a report on Friday, July 24th. Finally, Wells Fargo & Company reaffirmed an "underweight" rating and set a $85.00 price objective 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 assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $117.16.

Deckers Outdoor Company Profile

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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