Trilogy Capital Inc. Raises Position in Deckers Outdoor Corporation $DECK

Key Points

• Trilogy Capital Inc. increased its position in Deckers Outdoor Corporation by 115.7% in Q2, owning 24,554 shares valued at approximately $2.53 million as of the latest SEC filing.
• Several hedge funds significantly boosted their stakes in Deckers Outdoor, with Federated Hermes Inc. raising their position by 1,998.7% during the first quarter.
• Deckers Outdoor reported a quarterly earnings of $0.93 EPS beating analysts' estimates and posted a revenue of approximately $964.54 million, reflecting a 16.9% year-over-year increase.

Trilogy Capital Inc. raised its position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) by 115.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,554 shares of the textile maker's stock after purchasing an additional 13,169 shares during the period. Trilogy Capital Inc.'s holdings in Deckers Outdoor were worth $2,531,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. increased its position in shares of Deckers Outdoor by 1,998.7% in the first quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker's stock valued at $130,144,000 after acquiring an additional 1,108,516 shares during the period. Nuveen LLC purchased a new stake in Deckers Outdoor during the first quarter valued at approximately $97,935,000. Swedbank AB increased its stake 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 worth $84,828,000 after purchasing an additional 692,065 shares in the last quarter. Pacer Advisors Inc. grew its stake in Deckers Outdoor by 4,770.0% during the first quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker's stock valued at $71,679,000 after acquiring an additional 627,918 shares in the last quarter. Finally, Atreides Management LP grew its stake in shares of Deckers Outdoor by 123.6% in the 1st quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker's stock worth $120,609,000 after buying an additional 596,359 shares in the last quarter. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Price Performance

DECK stock opened at $101.34 on Wednesday. The company has a market cap of $15.03 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 3.94 and a beta of 1.05. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98. The company has a fifty day moving average price of $111.05 and a 200 day moving average price of $110.32.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analysts' expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The firm's revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the company earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Truist Financial lifted their price objective on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a report on Friday, July 25th. Sanford C. Bernstein assumed coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They issued an "underperform" rating and a $100.00 price objective on the stock. Bank of America lifted their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a "neutral" rating in a research report on Thursday, September 25th. UBS Group raised their price target on shares of Deckers Outdoor from $144.00 to $158.00 and gave the stock a "buy" rating in a research note on Friday, July 25th. Finally, Evercore ISI lifted their target price on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an "in-line" rating in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $136.32.

Insider Buying and Selling

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, 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 the SEC website. Insiders own 0.40% of the company's stock.

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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