ST Germain D J Co. Inc. Purchases New Shares in Deckers Outdoor Corporation $DECK

Key Points

• ST Germain D J Co. Inc. acquired 67,301 shares of Deckers Outdoor Corporation valued at approximately $6.94 million during the 2nd quarter, as reported in their recent SEC filing.
• Deckers reported quarterly earnings of $0.93 per share, exceeding analysts' expectations of $0.68, with a revenue of $964.54 million, up 16.9% year-over-year.
• Institutional investors own 97.79% of Deckers' stock, highlighting significant interest from hedge funds in the company's market performance.

ST Germain D J Co. Inc. purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 67,301 shares of the textile maker's stock, valued at approximately $6,937,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DECK. Federated Hermes Inc. grew its position in Deckers Outdoor by 1,998.7% during the first quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after buying an additional 1,108,516 shares during the period. Nuveen LLC acquired a new stake in shares of Deckers Outdoor in the first quarter valued at about $97,935,000. Swedbank AB grew its position in shares of Deckers Outdoor by 1,038.9% in the first quarter. Swedbank AB now owns 758,683 shares of the textile maker's stock valued at $84,828,000 after purchasing an additional 692,065 shares during the period. Pacer Advisors Inc. grew its position in shares of Deckers Outdoor by 4,770.0% in the first quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker's stock valued at $71,679,000 after purchasing an additional 627,918 shares during the period. Finally, Atreides Management LP grew its position in shares of Deckers Outdoor by 123.6% in the first quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker's stock valued at $120,609,000 after purchasing an additional 596,359 shares during the period. Institutional investors and hedge funds own 97.79% of the company's stock.

Deckers Outdoor Trading Down 4.9%

DECK opened at $105.83 on Friday. The firm has a market capitalization of $15.70 billion, a PE ratio of 16.23, a PEG ratio of 4.20 and a beta of 1.05. Deckers Outdoor Corporation has a twelve month low of $93.72 and a twelve month high of $223.98. The firm's 50-day moving average price is $111.10 and its 200 day moving average price is $110.71.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analyst estimates 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 in the previous year, the business posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 transaction, the director directly owned 10,979 shares of the company's stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on DECK shares. Sanford C. Bernstein started coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They issued an "underperform" rating and a $100.00 target price on the stock. Telsey Advisory Group reiterated a "market perform" rating and issued a $120.00 target price on shares of Deckers Outdoor in a research report on Friday, July 25th. Argus started coverage on shares of Deckers Outdoor in a research report on Friday, June 13th. They issued a "hold" rating on the stock. Needham & Company LLC reiterated 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. Finally, Evercore ISI lifted their target price on shares of Deckers Outdoor from $110.00 to $115.00 and gave the company an "in-line" rating in a research report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $136.32.

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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