Deckers Outdoor Corporation $DECK Shares Sold by Epoch Investment Partners Inc.

Key Points

• Epoch Investment Partners Inc. reduced its stake in Deckers Outdoor Corporation by 15.2%, owning approximately 847,048 shares valued at $94.71 million after selling 151,725 shares in the last quarter.
• The stock has received several upgrades from analysts, with a consensus price target set at $137.50, and ratings ranging from strong-buy to sell.
• Deckers Outdoor reported strong financial results with a quarterly revenue increase of 16.9%, and has initiated a share repurchase program to buy back up to $2.25 billion in stocks.

Epoch Investment Partners Inc. reduced its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 15.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 847,048 shares of the textile maker's stock after selling 151,725 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.56% of Deckers Outdoor worth $94,708,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Federated Hermes Inc. lifted its holdings in shares of Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after purchasing an additional 1,108,516 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Deckers Outdoor in the 1st quarter valued at about $97,935,000. Pacer Advisors Inc. lifted its holdings in shares of Deckers Outdoor by 4,770.0% in the 1st quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker's stock valued at $71,679,000 after purchasing an additional 627,918 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Deckers Outdoor by 204.8% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 889,624 shares of the textile maker's stock valued at $180,674,000 after purchasing an additional 597,743 shares during the last quarter. Finally, AMF Tjanstepension AB lifted its holdings in shares of Deckers Outdoor by 1,037.7% in 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 last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $109.08, for a total value of $32,724.00. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela Ogbechie sold 6,244 shares of Deckers Outdoor stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $103.89, for a total value of $648,689.16. Following the completion of the sale, the insider directly owned 19,980 shares in the company, valued at $2,075,722.20. This represents a 23.81% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Stock Up 1.3%

DECK stock traded up $1.49 during trading on Thursday, hitting $118.22. The company had a trading volume of 2,353,969 shares, compared to its average volume of 2,570,270. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The firm has a 50-day moving average price of $105.37 and a 200-day moving average price of $114.42. The firm has a market cap of $17.54 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 4.43 and a beta of 0.99.

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

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

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DECK shares. The Goldman Sachs Group reduced their target price on Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating for the company in a report on Tuesday, July 22nd. Telsey Advisory Group reissued a "market perform" rating and issued a $120.00 target price on shares of Deckers Outdoor in a report on Friday, July 25th. Needham & Company LLC reissued a "buy" rating and issued a $128.00 target price (up from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. UBS Group boosted their target price on Deckers Outdoor from $144.00 to $158.00 and gave the company a "buy" rating in a report on Friday, July 25th. Finally, Bank of America reduced their target price on Deckers Outdoor from $128.00 to $114.00 and set a "neutral" rating for the company in a report on Thursday, July 17th. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus 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.