Deckers Outdoor Corporation $DECK Position Increased by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in Deckers Outdoor Corporation by 86.8%, purchasing an additional 111,496 shares, bringing its total ownership to 239,975 shares worth approximately $26.8 million.
• Deckers Outdoor reported a 16.9% increase in quarterly revenue year-over-year, with earnings per share of $0.93, exceeding analysts' expectations of $0.68.
• The company announced a stock repurchase program allowing for up to $2.25 billion in buybacks, indicating that the board believes its stock is undervalued.

Edmond DE Rothschild Holding S.A. raised its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 86.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 239,975 shares of the textile maker's stock after buying an additional 111,496 shares during the period. Edmond DE Rothschild Holding S.A. owned about 0.16% of Deckers Outdoor worth $26,832,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DECK. Vanguard Group Inc. raised its stake in shares of Deckers Outdoor by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker's stock valued at $1,984,339,000 after acquiring an additional 107,635 shares during the period. Northern Trust Corp increased its holdings in Deckers Outdoor by 6.2% in the 1st quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker's stock valued at $187,903,000 after purchasing an additional 98,856 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Deckers Outdoor by 11.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,423,149 shares of the textile maker's stock valued at $289,027,000 after purchasing an additional 145,794 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its position in Deckers Outdoor by 46.5% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker's stock valued at $157,681,000 after purchasing an additional 447,734 shares during the period. Finally, Amundi lifted its stake in shares of Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker's stock worth $151,743,000 after purchasing an additional 268,803 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Price Performance

Shares of NYSE:DECK 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 market capitalization of $17.86 billion, a P/E ratio of 18.46, a PEG ratio of 4.57 and a beta of 1.05. The stock's fifty day moving average price is $107.73 and its 200-day moving average price is $112.72. Deckers Outdoor Corporation has a one year low of $93.72 and a one year high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million during the quarter, compared to the consensus estimate 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 was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor announced that its Board of Directors has initiated a stock buyback plan on Thursday, May 22nd that permits the company to buyback $2.25 billion in outstanding shares. This buyback authorization permits the textile maker to buy up to 11.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DECK shares. Cowen reiterated a "buy" rating on shares of Deckers Outdoor in a research note on Tuesday, May 20th. Barclays increased their price objective on shares of Deckers Outdoor from $128.00 to $134.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. KGI Securities raised shares of Deckers Outdoor to a "hold" rating in a research report on Monday, May 26th. Bank of America decreased their target price on shares of Deckers Outdoor from $128.00 to $114.00 and set a "neutral" rating for the company in a research note on Thursday, July 17th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and set a $120.00 price target on shares of Deckers Outdoor in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target 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.