Wealthcare Advisory Partners LLC Purchases Shares of 11,524 Deckers Outdoor Corporation $DECK

Wealthcare Advisory Partners LLC purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 11,524 shares of the textile maker's stock, valued at approximately $1,188,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DECK. Revolve Wealth Partners LLC bought a new stake in Deckers Outdoor during the fourth quarter valued at about $247,000. Merit Financial Group LLC raised its holdings in Deckers Outdoor by 52.3% during the first quarter. Merit Financial Group LLC now owns 2,107 shares of the textile maker's stock valued at $236,000 after acquiring an additional 724 shares during the period. Park Avenue Securities LLC raised its holdings in Deckers Outdoor by 32.3% during the first quarter. Park Avenue Securities LLC now owns 26,929 shares of the textile maker's stock valued at $3,011,000 after acquiring an additional 6,569 shares during the period. Farther Finance Advisors LLC raised its holdings in Deckers Outdoor by 130.1% during the first quarter. Farther Finance Advisors LLC now owns 5,546 shares of the textile maker's stock valued at $629,000 after acquiring an additional 3,136 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new stake in Deckers Outdoor during the first quarter valued at about $339,000. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Trading Down 3.9%

DECK opened at $98.04 on Wednesday. The firm has a market cap of $14.54 billion, a P/E ratio of 15.04, a P/E/G ratio of 3.89 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 stock has a 50-day moving average of $110.14 and a 200 day moving average of $109.78.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS 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 return on equity of 40.49% and a net margin of 19.42%.The firm'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, research analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Needham & Company LLC restated a "buy" rating and set a $128.00 price objective (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Telsey Advisory Group restated a "market perform" rating and set a $120.00 price objective on shares of Deckers Outdoor in a research report on Friday, July 25th. Wells Fargo & Company raised their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. The Goldman Sachs Group cut their price objective 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, Argus assumed coverage on Deckers Outdoor in a research report on Friday, June 13th. They set a "hold" rating for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Deckers Outdoor presently has a consensus rating of "Hold" and an average target price of $136.32.

Insider Activity

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the transaction, the director owned 10,979 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by company insiders.

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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