Deckers Outdoor Corporation $DECK Shares Acquired by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 240.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,250 shares of the textile maker’s stock after buying an additional 5,827 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Deckers Outdoor were worth $922,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Deckers Outdoor by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after buying an additional 107,635 shares during the period. Northern Trust Corp raised its stake in Deckers Outdoor by 6.2% in the 1st quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock valued at $187,903,000 after purchasing an additional 98,856 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Deckers Outdoor by 11.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,423,149 shares of the textile maker’s stock valued at $289,027,000 after purchasing an additional 145,794 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its stake in Deckers Outdoor by 46.5% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock valued at $157,681,000 after purchasing an additional 447,734 shares during the last quarter. Finally, Amundi raised its stake in Deckers Outdoor by 24.7% in the 1st quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock valued at $151,743,000 after purchasing an additional 268,803 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DECK has been the subject of several recent research reports. Robert W. Baird increased their price objective on Deckers Outdoor from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Evercore ISI increased their price objective on Deckers Outdoor from $110.00 to $115.00 and gave the company an “in-line” rating in a research note on Friday, July 25th. Wells Fargo & Company increased their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Friday, July 25th. UBS Group increased their price objective on Deckers Outdoor from $144.00 to $158.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Bank of America reduced their price objective on Deckers Outdoor from $128.00 to $114.00 and set a “neutral” rating for the company in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $137.50.

Deckers Outdoor Stock Down 1.5%

Shares of DECK opened at $115.41 on Wednesday. Deckers Outdoor Corporation has a 52-week low of $93.72 and a 52-week high of $223.98. The company has a market capitalization of $17.12 billion, a PE ratio of 17.70, a price-to-earnings-growth ratio of 4.42 and a beta of 1.05. The stock has a fifty day simple moving average of $108.21 and a two-hundred day simple moving average of $112.28.

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

Deckers Outdoor declared that its board has authorized a share repurchase program on Thursday, May 22nd that allows the company to buyback $2.25 billion in shares. This buyback authorization allows the textile maker to purchase up to 11.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor 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.