Robeco Institutional Asset Management B.V. Sells 31,430 Shares of Deckers Outdoor Corporation $DECK

Key Points

• Robeco Institutional Asset Management B.V. sold 31,430 shares of Deckers Outdoor Corporation, reducing its ownership by 3.5% to 873,282 shares valued at approximately $90 million.
• Several institutional investors, including Marks Group Wealth Management and Principal Financial Group, have increased their stakes in Deckers Outdoor during the first quarter, highlighting strong institutional interest in the company.
• Equities analysts have mixed views on Deckers Outdoor, with price targets ranging from $100 to $136.32, and a consensus rating of "Hold" as analysts express varying opinions on the stock's performance potential.

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 3.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 873,282 shares of the textile maker's stock after selling 31,430 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.58% of Deckers Outdoor worth $90,009,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc boosted its position in Deckers Outdoor by 15.4% during the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker's stock worth $7,033,000 after purchasing an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Deckers Outdoor by 17.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker's stock worth $1,997,000 after purchasing an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Deckers Outdoor by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker's stock worth $116,310,000 after purchasing an additional 39,211 shares during the period. Park Avenue Securities LLC boosted its position in Deckers Outdoor by 32.3% during the first quarter. Park Avenue Securities LLC now owns 26,929 shares of the textile maker's stock worth $3,011,000 after purchasing an additional 6,569 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Deckers Outdoor by 17.7% during the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker's stock worth $65,716,000 after purchasing an additional 88,179 shares during the period. Institutional investors own 97.79% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Bank of America increased their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a "neutral" rating in a research report on Thursday, September 25th. Needham & Company LLC reissued a "buy" rating and issued a $128.00 price target (up from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Argus initiated coverage on shares of Deckers Outdoor in a report on Friday, June 13th. They issued a "hold" rating on the stock. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a report on Thursday, September 18th. They issued an "underperform" rating and a $100.00 price target on the stock. Finally, Evercore ISI increased their price target on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an "in-line" rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $136.32.

Insider Activity 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 Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director directly owned 10,979 shares of the company's stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.40% of the company's stock.

Deckers Outdoor Price Performance

Shares of DECK opened at $103.87 on Friday. The firm's 50 day simple moving average is $110.89 and its 200 day simple moving average is $110.16. The company has a market capitalization of $15.41 billion, a P/E ratio of 15.93, a P/E/G ratio of 3.86 and a beta of 1.05. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last announced its earnings results 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. The business had revenue of $964.54 million for 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%. Deckers Outdoor's quarterly revenue was up 16.9% on a year-over-year basis. During the same period last year, the firm posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

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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