Public Employees Retirement System of Ohio Makes New $4.95 Million Investment in Deckers Outdoor Corporation $DECK

Key Points

• Public Employees Retirement System of Ohio bought 49,866 Deckers Outdoor shares in the second quarter, valued at approximately $4.95 million. Institutional investors collectively own 97.79% of the company.
• Deckers reported quarterly earnings of $0.94 per share, beating estimates of $0.88, while revenue rose 5.7% year over year to $1.02 billion. The company issued fiscal 2027 EPS guidance of $7.35–$7.50.
• DECK shares opened at $83.76, well below the analyst consensus price target of $117.16. Despite nine Buy ratings, the overall analyst consensus remains Hold, with 13 Holds and two Sells.

Public Employees Retirement System of Ohio purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 49,866 shares of the textile maker's stock, valued at approximately $4,951,000.

Other institutional investors have also modified their holdings of the company. Costello Asset Management INC lifted its position in Deckers Outdoor by 14.3% in the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker's stock valued at $80,000 after purchasing an additional 100 shares during the last quarter. Rakuten Securities Inc. grew its position in Deckers Outdoor by 45.5% in 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 last quarter. Hilton Head Capital Partners LLC grew its position in Deckers Outdoor by 29.8% in the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker's stock worth $44,000 after purchasing an additional 101 shares during the last quarter. GW Henssler & Associates Ltd. increased its stake in shares of Deckers Outdoor by 5.8% in the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker's stock valued at $224,000 after purchasing an additional 118 shares during the period. Finally, Cim LLC increased its stake in shares of Deckers Outdoor by 1.1% in the first quarter. Cim LLC now owns 12,207 shares of the textile maker's stock valued at $1,222,000 after purchasing an additional 133 shares during the period. Institutional investors own 97.79% of the company's stock.

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $83.76 on Thursday. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $125.45. The business's fifty day moving average is $97.93 and its 200-day moving average is $103.46. The stock has a market cap of $11.41 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 1.31 and a beta of 1.15.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on DECK. Weiss Ratings reiterated a "hold (c)" rating on shares of Deckers Outdoor in a research report on Friday, July 17th. Robert W. Baird cut their target price on Deckers Outdoor from $125.00 to $115.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. KeyCorp reiterated a "sector weight" rating on shares of Deckers Outdoor in a research report on Friday, July 24th. Stifel Nicolaus set a $133.00 price target on Deckers Outdoor and gave the stock a "buy" rating in a research note on Friday, July 24th. Finally, Needham & Company LLC lowered their price target on Deckers Outdoor from $138.00 to $125.00 and set a "buy" rating on the stock in a report on Friday, July 24th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $117.16.

Deckers Outdoor 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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