BW Gestao de Investimentos Ltda. Purchases Shares of 39,002 Deckers Outdoor Corporation $DECK

BW Gestao de Investimentos Ltda. purchased a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) during the fourth quarter, Holdings Channel reports. The fund purchased 39,002 shares of the textile maker’s stock, valued at approximately $4,043,000.

A number of other institutional investors have also bought and sold shares of DECK. Revolve Wealth Partners LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter valued at about $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Deckers Outdoor by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after purchasing an additional 522 shares during the period. Empowered Funds LLC raised its holdings in shares of Deckers Outdoor by 165.6% during the first quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after purchasing an additional 6,384 shares during the period. Focus Partners Wealth raised its holdings in shares of Deckers Outdoor by 8.1% during the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after purchasing an additional 521 shares during the period. Finally, Marshall Wace LLP raised its holdings in shares of Deckers Outdoor by 163.2% during the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after purchasing an additional 6,391 shares during the period. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $110.72 on Wednesday. The firm has a market cap of $15.38 billion, a price-to-earnings ratio of 15.73, a price-to-earnings-growth ratio of 2.20 and a beta of 1.16. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $126.50. The firm has a 50-day moving average price of $103.28 and a two-hundred day moving average price of $103.09.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the business posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 7.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

DECK has been the topic of a number of analyst reports. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Truist Financial set a $125.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, May 22nd. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a report on Thursday, April 23rd. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Barclays restated an “overweight” rating and issued a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average price target of $121.11.

About Deckers Outdoor

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.