78,257 Shares in Deckers Outdoor Corporation $DECK Bought by Nykredit A S

Nykredit A S acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 78,257 shares of the textile maker’s stock, valued at approximately $7,770,000. Nykredit A S owned 0.06% of Deckers Outdoor as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Deckers Outdoor during the 2nd quarter valued at about $1,343,613,000. Federated Hermes Inc. lifted its stake in Deckers Outdoor by 374.1% in the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock worth $326,531,000 after purchasing an additional 2,485,338 shares during the last quarter. Invesco Ltd. boosted its position in shares of Deckers Outdoor by 0.5% during the fourth quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker’s stock valued at $285,380,000 after buying an additional 12,350 shares during the period. AQR Capital Management LLC boosted its position in shares of Deckers Outdoor by 340.5% during the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after buying an additional 2,035,517 shares during the period. Finally, Norges Bank purchased a new position in shares of Deckers Outdoor during the fourth quarter valued at approximately $252,729,000. Institutional investors own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the subject of a number of recent analyst reports. Argus set a $128.00 price objective on Deckers Outdoor in a report on Friday, May 29th. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price for the company. in a research report on Friday, May 22nd. Telsey Advisory Group lowered their target price on shares of Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a research note on Friday, July 24th. Weiss Ratings cut shares of Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Finally, UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $117.16.

Deckers Outdoor Trading Up 1.6%

DECK opened at $85.87 on Friday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $124.88. The business’s fifty day simple moving average is $97.19 and its 200-day simple moving average is $103.12. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 1.33 and a beta of 1.15.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the company posted $0.93 earnings per share. The firm’s quarterly revenue 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, equities research analysts predict that Deckers Outdoor Corporation will post 7.5 EPS for the current 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.