TFR Capital LLC. Makes New Investment in Deckers Outdoor Corporation $DECK

Key Points

• TFR Capital LLC has made a new investment in Deckers Outdoor Corporation, purchasing 3,311 shares valued at approximately $341,000 during the second quarter.
• Deckers Outdoor reported strong earnings for the quarter, with an earnings per share (EPS) of $0.93, surpassing estimates by $0.25, and revenue increasing by 16.9% year over year to $964.54 million.
• Analyst price targets for Deckers Outdoor vary significantly, with recommendations ranging from a low of $87.00 (sell) to a high of $145.00 (buy), resulting in an average target price of $136.26.

TFR Capital LLC. bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,311 shares of the textile maker's stock, valued at approximately $341,000.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Deckers Outdoor by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker's stock valued at $1,984,339,000 after acquiring an additional 107,635 shares during the period. Northern Trust Corp lifted its stake in Deckers Outdoor by 6.2% during the 1st quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker's stock valued at $187,903,000 after acquiring an additional 98,856 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Deckers Outdoor by 6.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker's stock valued at $170,003,000 after acquiring an additional 97,312 shares during the period. Caisse DE Depot ET Placement DU Quebec lifted its stake in Deckers Outdoor by 46.5% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker's stock valued at $157,681,000 after acquiring an additional 447,734 shares during the period. Finally, Amundi lifted its stake in Deckers Outdoor by 24.7% during the 1st quarter. Amundi now owns 1,357,154 shares of the textile maker's stock valued at $151,743,000 after acquiring an additional 268,803 shares during the period. Hedge funds and other institutional investors own 97.79% of the company's stock.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $101.51 on Thursday. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The stock has a market capitalization of $15.06 billion, a PE ratio of 15.57, a P/E/G ratio of 3.74 and a beta of 1.05. The company has a fifty day moving average of $109.96 and a two-hundred day moving average of $109.73.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, topping 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 business had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same quarter in the prior year, the firm earned $4.52 earnings per share. The company's revenue for the quarter 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. Research analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Insider Activity

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company's stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.40% of the company's stock.

Analysts Set New Price Targets

DECK has been the subject of several analyst reports. Evercore ISI boosted 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 note on Friday, July 25th. The Goldman Sachs Group decreased 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. Bank of America boosted their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a "neutral" rating in a research note on Thursday, September 25th. Raymond James Financial boosted their target price on shares of Deckers Outdoor from $123.00 to $137.00 and gave the company a "strong-buy" rating in a research note on Friday, July 25th. Finally, Truist Financial boosted their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, July 25th. One equities research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $136.26.

Deckers Outdoor 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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