Charles Schwab Investment Management Inc. Acquires 31,356 Shares of Deckers Outdoor Corporation $DECK

Charles Schwab Investment Management Inc. lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,071,600 shares of the textile maker’s stock after acquiring an additional 31,356 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.72% of Deckers Outdoor worth $110,450,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in DECK. Segall Bryant & Hamill LLC purchased a new position in Deckers Outdoor during the 2nd quarter valued at $6,984,000. Mufg Securities Americas Inc. boosted its stake in shares of Deckers Outdoor by 25.2% during the 2nd quarter. Mufg Securities Americas Inc. now owns 3,364 shares of the textile maker’s stock valued at $347,000 after purchasing an additional 677 shares in the last quarter. AXQ Capital LP increased its position in shares of Deckers Outdoor by 32.5% during the second quarter. AXQ Capital LP now owns 2,537 shares of the textile maker’s stock valued at $261,000 after buying an additional 623 shares during the period. Neo Ivy Capital Management bought a new position in Deckers Outdoor in the second quarter worth about $1,432,000. Finally, DNB Asset Management AS lifted its holdings in Deckers Outdoor by 14.0% in the second quarter. DNB Asset Management AS now owns 491,318 shares of the textile maker’s stock worth $50,640,000 after buying an additional 60,491 shares during the period. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Bank of America lifted 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. Stifel Nicolaus upgraded Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price objective for the company in a report on Tuesday, November 18th. Telsey Advisory Group lowered their price objective on Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday, October 24th. Finally, Citigroup reduced their target price on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued 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 a consensus rating of “Hold” and an average price target of $117.58.

Deckers Outdoor Trading Up 1.2%

Deckers Outdoor stock opened at $88.20 on Friday. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $223.98. The company has a market capitalization of $12.85 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10. The business’s fifty day simple moving average is $92.61 and its two-hundred day simple moving average is $103.63.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The company’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the company earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities research analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business’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 value 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. The trade was a 2.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate 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.