IFM Investors Pty Ltd Purchases 2,676 Shares of Deckers Outdoor Corporation $DECK

IFM Investors Pty Ltd raised its position in Deckers Outdoor Corporation (NYSE:DECK) by 8.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,399 shares of the textile maker’s stock after buying an additional 2,676 shares during the quarter. IFM Investors Pty Ltd’s holdings in Deckers Outdoor were worth $3,546,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DECK. Federated Hermes Inc. increased its holdings in Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock valued at $130,144,000 after buying an additional 1,108,516 shares during the period. Nuveen LLC bought a new position in Deckers Outdoor in the 1st quarter valued at about $97,935,000. Swedbank AB increased its holdings in Deckers Outdoor by 1,038.9% in the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock valued at $84,828,000 after buying an additional 692,065 shares during the period. Pacer Advisors Inc. increased its holdings in Deckers Outdoor by 4,770.0% in the 1st quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker’s stock valued at $71,679,000 after buying an additional 627,918 shares during the period. Finally, Atreides Management LP increased its holdings in Deckers Outdoor by 123.6% in the 1st quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker’s stock valued at $120,609,000 after buying an additional 596,359 shares during the period. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Trading Down 0.4%

NYSE:DECK opened at $113.32 on Tuesday. The stock has a market capitalization of $16.81 billion, a price-to-earnings ratio of 17.38, a PEG ratio of 4.29 and a beta of 1.05. The firm has a fifty day simple moving average of $110.41 and a two-hundred day simple moving average of $110.81. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 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 analysts’ expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period last year, the company posted $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Equities analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Deckers Outdoor 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 transaction, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

DECK has been the topic of several research reports. Argus initiated coverage on shares of Deckers Outdoor in a report on Friday, June 13th. They set a “hold” rating on the stock. Truist Financial lifted their price target on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Friday, July 25th. The Goldman Sachs Group decreased their price target on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating on the stock in a report on Tuesday, July 22nd. KGI Securities raised shares of Deckers Outdoor to a “hold” rating in a report on Monday, May 26th. Finally, Robert W. Baird lifted their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $135.89.

About Deckers Outdoor

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.