Signaturefd LLC lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 18.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,294 shares of the textile maker’s stock after purchasing an additional 351 shares during the period. Signaturefd LLC’s holdings in Deckers Outdoor were worth $236,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DECK. Revolve Wealth Partners LLC bought a new stake in Deckers Outdoor in the 4th quarter valued at about $247,000. GAMMA Investing LLC raised its stake in Deckers Outdoor by 6,893.4% in the 1st quarter. GAMMA Investing LLC now owns 202,600 shares of the textile maker’s stock valued at $22,653,000 after acquiring an additional 199,703 shares during the period. NBC Securities Inc. raised its stake in Deckers Outdoor by 106,566.7% in the 1st quarter. NBC Securities Inc. now owns 3,200 shares of the textile maker’s stock valued at $357,000 after acquiring an additional 3,197 shares during the period. Merit Financial Group LLC raised its stake in Deckers Outdoor by 52.3% in the 1st quarter. Merit Financial Group LLC now owns 2,107 shares of the textile maker’s stock valued at $236,000 after acquiring an additional 724 shares during the period. Finally, RFG Advisory LLC raised its stake in Deckers Outdoor by 10.8% in the 1st quarter. RFG Advisory LLC now owns 2,343 shares of the textile maker’s stock valued at $262,000 after acquiring an additional 229 shares during the period. 97.79% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on DECK. Truist Financial boosted their price objective on Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, July 25th. UBS Group upped their price target on Deckers Outdoor from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Argus initiated coverage on Deckers Outdoor in a research report on Friday, June 13th. They set a “hold” rating on the stock. Raymond James Financial upped their price target 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. Finally, Bank of America upped their price target on Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a research report on Thursday, September 25th. One research 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, the company presently has an average rating of “Hold” and a consensus target price of $136.32.
Deckers Outdoor Trading Up 2.7%
Shares of NYSE DECK opened at $103.87 on Friday. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98. The firm has a market capitalization of $15.41 billion, a price-to-earnings ratio of 15.93, a PEG ratio of 3.86 and a beta of 1.05. The business has a 50-day moving average of $110.89 and a 200-day moving average of $110.16.
Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same quarter in the previous year, the firm earned $4.52 earnings per share. Deckers Outdoor’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. On average, analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.
Insider Activity at Deckers Outdoor
In other news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction dated 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 owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.
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.
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