Ballentine Partners LLC Has $247,000 Stock Holdings in Deckers Outdoor Corporation $DECK

Ballentine Partners LLC lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 10.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,396 shares of the textile maker’s stock after purchasing an additional 224 shares during the period. Ballentine Partners LLC’s holdings in Deckers Outdoor were worth $247,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. acquired a new position in shares of Deckers Outdoor during the 1st quarter worth about $34,000. Olde Wealth Management LLC acquired a new position in shares of Deckers Outdoor during the 1st quarter worth about $47,000. Banque Transatlantique SA acquired a new position in shares of Deckers Outdoor during the 1st quarter worth about $51,000. Costello Asset Management INC acquired a new position in shares of Deckers Outdoor during the 1st quarter worth about $78,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Deckers Outdoor by 23.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 822 shares of the textile maker’s stock worth $85,000 after purchasing an additional 158 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DECK shares. Telsey Advisory Group restated a “market perform” rating and set a $120.00 price objective on shares of Deckers Outdoor in a research note on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $128.00 target price (up previously from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Barclays lifted their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Argus started coverage on shares of Deckers Outdoor in a report on Friday, June 13th. They set a “hold” rating for the company. Finally, Robert W. Baird lifted their target price on shares of Deckers Outdoor from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and an average price target of $136.32.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor Trading Down 2.5%

Shares of Deckers Outdoor stock opened at $103.17 on Tuesday. The company has a 50 day moving average of $111.14 and a 200-day moving average of $110.38. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The company has a market cap of $15.30 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company 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 posted $4.52 EPS. The firm’s quarterly 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. Research analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

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.