First Hawaiian Bank Has $1.46 Million Position in Deckers Outdoor Corporation $DECK

Key Points

• First Hawaiian Bank reduced its stake in Deckers Outdoor Corporation by 47%, holding 13,010 shares valued at approximately $1.46 million as of its latest filing.
• Deckers reported a quarterly earnings per share (EPS) of $0.93, surpassing analysts' expectations of $0.68, alongside a revenue of $964.54 million, indicating a 16.9% year-over-year increase.
• The company's board authorized a $2.25 billion share repurchase plan, which allows for the buyback of up to 11.7% of its shares, typically signaling management's belief that the stock is undervalued.

First Hawaiian Bank lessened its position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 47.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,010 shares of the textile maker's stock after selling 11,546 shares during the quarter. First Hawaiian Bank's holdings in Deckers Outdoor were worth $1,455,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Horizon Investments LLC grew its position in Deckers Outdoor by 4.6% in the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock valued at $244,000 after purchasing an additional 96 shares in the last quarter. Cumberland Partners Ltd grew its stake in shares of Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock valued at $3,130,000 after buying an additional 98 shares in the last quarter. Mpwm Advisory Solutions LLC acquired a new position in shares of Deckers Outdoor during the 4th quarter worth about $26,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Deckers Outdoor by 0.8% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker's stock worth $1,913,000 after buying an additional 140 shares during the last quarter. Finally, Vega Investment Solutions bought a new stake in Deckers Outdoor in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Price Performance

NYSE DECK opened at $118.45 on Friday. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 4.45 and a beta of 1.05. The business's fifty day moving average is $108.86 and its 200-day moving average is $111.74. 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 announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.25. The company had revenue of $964.54 million for the quarter, compared to analysts' expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. Deckers Outdoor's revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company posted $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Research analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Deckers Outdoor announced that its board has authorized a share repurchase plan on Thursday, May 22nd that authorizes the company to repurchase $2.25 billion in shares. This repurchase authorization authorizes the textile maker to buy up to 11.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.40% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DECK. Needham & Company LLC reissued a "buy" rating and issued a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. UBS Group increased their target price on shares of Deckers Outdoor from $144.00 to $158.00 and gave the stock a "buy" rating in a report on Friday, July 25th. Argus began coverage on Deckers Outdoor in a report on Friday, June 13th. They issued a "hold" rating for the company. KGI Securities raised shares of Deckers Outdoor to a "hold" rating in a research note on Monday, May 26th. Finally, Cowen reiterated a "buy" rating on shares of Deckers Outdoor in a report on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $137.89.

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.

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