Arete Wealth Advisors LLC Reduces Stock Position in Deckers Outdoor Corporation $DECK

Arete Wealth Advisors LLC lessened its stake in Deckers Outdoor Corporation (NYSE:DECK) by 4.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,491 shares of the textile maker’s stock after selling 163 shares during the period. Arete Wealth Advisors LLC’s holdings in Deckers Outdoor were worth $390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Mpwm Advisory Solutions LLC purchased a new stake in Deckers Outdoor during the fourth quarter valued at $26,000. Vega Investment Solutions purchased a new position in Deckers Outdoor in the fourth quarter worth about $29,000. Mountain Hill Investment Partners Corp. bought a new stake in shares of Deckers Outdoor during the 1st quarter valued at about $34,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Deckers Outdoor during the 4th quarter valued at about $41,000. Finally, Olde Wealth Management LLC bought a new position in shares of Deckers Outdoor in the 1st quarter worth approximately $47,000. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $114.30 on Thursday. The firm has a market cap of $16.96 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 4.35 and a beta of 1.05. The firm has a fifty day moving average price of $108.37 and a 200 day moving average price of $112.29. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business had revenue of $964.54 million during the quarter, compared to the consensus estimate of $901.45 million. During the same quarter in the prior year, the firm earned $4.52 EPS. The business’s revenue was up 16.9% on a year-over-year basis. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 22nd that allows the company to buyback $2.25 billion in outstanding shares. This buyback authorization allows the textile maker to repurchase up to 11.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have commented on the stock. TD Securities upped their target price on shares of Deckers Outdoor from $150.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, May 20th. Raymond James Financial lifted their target price on Deckers Outdoor from $123.00 to $137.00 and gave the company a “strong-buy” rating in a research report on Friday, July 25th. The Goldman Sachs Group reduced their price target 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. Cowen reaffirmed a “buy” rating on shares of Deckers Outdoor in a research report on Tuesday, May 20th. Finally, Needham & Company LLC restated a “buy” rating and set a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $137.50.

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Company Profile

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.