EFG International AG acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 68,260 shares of the textile maker’s stock, valued at approximately $6,777,000. EFG International AG owned approximately 0.05% of Deckers Outdoor as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Costello Asset Management INC raised its position in Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after buying an additional 100 shares during the period. Rakuten Securities Inc. grew its stake in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC increased its holdings in shares of Deckers Outdoor by 29.8% in the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 101 shares during the period. GW Henssler & Associates Ltd. increased its holdings in shares of Deckers Outdoor by 5.8% in the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after purchasing an additional 118 shares during the period. Finally, Cim LLC lifted its position in shares of Deckers Outdoor by 1.1% in the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock worth $1,222,000 after purchasing an additional 133 shares in the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
DECK has been the subject of several research reports. Stifel Nicolaus set a $133.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 24th. Robert W. Baird dropped their price objective on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Friday, July 17th. Truist Financial decreased their target price on shares of Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, July 24th. Finally, Barclays set a $133.00 price target on shares of Deckers Outdoor and gave the stock an “overweight” rating in a research note on Friday, July 24th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $117.16.
Deckers Outdoor Stock Down 3.7%
NYSE DECK opened at $88.69 on Wednesday. The stock has a market capitalization of $12.08 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 1.71 and a beta of 1.17. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $125.45. The company has a 50 day moving average price of $100.33 and a two-hundred day moving average price of $104.65.
Deckers Outdoor (NYSE:DECK – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the business posted $0.93 EPS. Deckers Outdoor’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. As a group, equities analysts anticipate 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.
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