38,382 Shares in Deckers Outdoor Corporation $DECK Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 38,382 shares of the textile maker’s stock, valued at approximately $3,811,000.

Other large investors also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its position in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC acquired a new position in Deckers Outdoor during the fourth quarter valued at $30,000. Rakuten Securities Inc. lifted its stake in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. Activest Wealth Management lifted its stake in Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after acquiring an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth about $35,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on DECK shares. UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. Wells Fargo & Company reissued an “underweight” rating and issued a $85.00 price target on shares of Deckers Outdoor in a research report on Friday, July 24th. Robert W. Baird decreased their price target on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Friday, July 24th. KGI Securities downgraded shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a research report on Friday, May 22nd. Finally, Barclays set a $133.00 price objective on shares of Deckers Outdoor and gave the company an “overweight” rating in a research note on Friday, July 24th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $117.16.

Deckers Outdoor Stock Down 3.7%

DECK stock opened at $88.69 on Wednesday. The firm has a 50 day moving average of $100.33 and a two-hundred day moving average of $104.65. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $125.45. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 1.71 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm earned $0.93 EPS. Deckers Outdoor’s revenue for the quarter was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, research analysts expect that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.