VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 235,800 Deckers Outdoor Corporation $DECK

Key Points

• Virginia Retirement Systems has acquired a new stake in Deckers Outdoor Corporation, purchasing 235,800 shares valued at approximately $24.3 million.
• Several hedge funds have also adjusted their positions in Deckers Outdoor, with overall institutional ownership at 97.79%.
• Deckers Outdoor reported a strong quarterly performance, exceeding earnings estimates with a net margin of 19.42% and projected Q2 2026 guidance of $1.500-1.550 EPS.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 235,800 shares of the textile maker's stock, valued at approximately $24,304,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.16% of Deckers Outdoor at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Horizon Investments LLC boosted its holdings in Deckers Outdoor by 4.6% during the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock valued at $244,000 after acquiring an additional 96 shares during the period. Cumberland Partners Ltd raised its position in shares of Deckers Outdoor by 0.4% during the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock valued at $3,130,000 after buying an additional 98 shares during the last quarter. Park Place Capital Corp raised its position in shares of Deckers Outdoor by 14.9% during the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker's stock valued at $81,000 after buying an additional 100 shares during the last quarter. Tower View Wealth Management LLC raised its position in shares of Deckers Outdoor by 1.1% during the second quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker's stock valued at $1,149,000 after buying an additional 117 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Deckers Outdoor by 0.8% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker's stock valued at $1,913,000 after buying an additional 140 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Deckers Outdoor

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 completion of the sale, the director owned 10,979 shares of the company's stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DECK shares. Evercore ISI cut their price objective on shares of Deckers Outdoor from $115.00 to $110.00 and set an "in-line" rating for the company in a research report on Friday. The Goldman Sachs Group cut their price objective on shares of Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Truist Financial upped their price objective on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, July 25th. Finally, Robert W. Baird increased their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the stock an "outperform" rating in a research report on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Deckers Outdoor currently has a consensus rating of "Moderate Buy" and an average price target of $136.00.

Deckers Outdoor Trading Up 0.8%

NYSE DECK opened at $99.89 on Monday. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 3.81 and a beta of 1.05. The company has a 50 day moving average of $109.12 and a 200-day moving average of $108.80. 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 posted its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million during 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%. The company's revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

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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