Sigma Investment Counselors Inc. Purchases 3,117 Shares of Deckers Outdoor Corporation $DECK

Key Points

• Sigma Investment Counselors Inc. increased its stake in Deckers Outdoor Corporation by 20.5%, acquiring an additional 3,117 shares during the 2nd quarter, bringing its total holdings to 18,296 shares valued at approximately $1.89 million.
• Deckers Outdoor reported $0.93 EPS for the last quarter, exceeding analysts' expectations of $0.68, with a net margin of 19.42% and quarterly revenue of $964.54 million, up by 16.9% from the previous year.
• Analyst ratings for Deckers Outdoor show a mixed outlook, with three analysts rating it as a Strong Buy, while others have set price targets ranging from $87.00 to $150.00, indicating varied confidence in the stock's future performance.

Sigma Investment Counselors Inc. boosted its position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 20.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,296 shares of the textile maker's stock after buying an additional 3,117 shares during the period. Sigma Investment Counselors Inc.'s holdings in Deckers Outdoor were worth $1,886,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Marks Group Wealth Management Inc lifted its stake in shares of Deckers Outdoor by 15.4% in the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker's stock valued at $7,033,000 after purchasing an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in Deckers Outdoor by 17.9% in 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker's stock valued at $116,310,000 after buying an additional 39,211 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Deckers Outdoor by 17.7% during the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker's stock worth $65,716,000 after buying an additional 88,179 shares in the last quarter. Finally, Jump Financial LLC boosted its holdings in shares of Deckers Outdoor by 5,481.7% during the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker's stock worth $17,506,000 after buying an additional 153,763 shares in the last quarter. Institutional investors own 97.79% of the company's stock.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $99.89 on Friday. Deckers Outdoor Corporation has a 52 week low of $93.72 and a 52 week high of $223.98. The firm has a 50-day moving average price of $109.12 and a two-hundred day moving average price of $108.75. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 3.82 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping 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 business had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. During the same period last year, the company posted $4.52 earnings per share. Deckers Outdoor's quarterly 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. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DECK. Barclays increased their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an "overweight" rating in a research note on Friday, September 12th. Needham & Company LLC reiterated a "buy" rating and set a $128.00 price objective (up previously from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Robert W. Baird raised their target price on Deckers Outdoor from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. The Goldman Sachs Group decreased their target price on Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd. Finally, Zacks Research upgraded Deckers Outdoor from a "hold" rating to a "strong-buy" rating in a report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Deckers Outdoor presently has an average rating of "Moderate Buy" and an average price target of $136.00.

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction dated 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 owned 10,979 shares in the company, 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 filing with the SEC, which is accessible through this link. Insiders own 0.40% of the company's stock.

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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