Janney Montgomery Scott LLC Decreases Holdings in Deckers Outdoor Corporation $DECK

Key Points

• Janney Montgomery Scott LLC has reduced its stake in Deckers Outdoor Corporation (NYSE:DECK) by 6.2%, selling 7,600 shares and owning 115,850 shares valued at approximately $11.9 million as of the latest SEC filing.
• Several other large investors, such as Horizon Investments and HM Payson & Co., have increased their stakes in Deckers Outdoor, indicating strong institutional interest in the company despite Janney's reduction.
• Deckers Outdoor recently reported a quarterly EPS of $0.93, beating analysts' expectations of $0.68, and set Q2 2026 guidance at $1.500-$1.550 EPS.

Janney Montgomery Scott LLC lessened its stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 115,850 shares of the textile maker's stock after selling 7,600 shares during the period. Janney Montgomery Scott LLC owned about 0.08% of Deckers Outdoor worth $11,941,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Horizon Investments LLC increased its stake in shares of Deckers Outdoor by 4.6% in the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock worth $244,000 after purchasing an additional 96 shares in the last quarter. Cumberland Partners Ltd increased 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 worth $3,130,000 after purchasing an additional 98 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Deckers Outdoor by 0.8% in 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 purchasing an additional 140 shares in the last quarter. HM Payson & Co. increased its stake in shares of Deckers Outdoor by 12.5% in the first quarter. HM Payson & Co. now owns 1,350 shares of the textile maker's stock worth $151,000 after purchasing an additional 150 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Deckers Outdoor by 23.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 822 shares of the textile maker's stock worth $85,000 after purchasing an additional 158 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company's stock.

Insider Buying and Selling

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Stock Down 0.7%

Shares of NYSE DECK opened at $103.05 on Friday. The firm's fifty day moving average is $110.62 and its 200 day moving average is $110.08. Deckers Outdoor Corporation has a 52 week low of $93.72 and a 52 week high of $223.98. The company has a market cap of $15.29 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 3.96 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted 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. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same period in the prior year, the business posted $4.52 EPS. The firm's revenue 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. Equities research analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Deckers Outdoor from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Friday, July 25th. The Goldman Sachs Group reduced their target price on shares of Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating for the company in a research note on Tuesday, July 22nd. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an "underperform" rating and a $100.00 target price for the company. Weiss Ratings restated a "hold (c)" rating on shares of Deckers Outdoor in a research report on Saturday, September 27th. Finally, Bank of America raised their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a "neutral" rating in a research report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Deckers Outdoor presently has an average rating of "Hold" and a consensus price target of $136.32.

About Deckers Outdoor

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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