Amundi Has $127.44 Million Position in Deckers Outdoor Corporation $DECK

Amundi decreased its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 11.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,199,345 shares of the textile maker’s stock after selling 157,809 shares during the quarter. Amundi owned approximately 0.81% of Deckers Outdoor worth $127,442,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Deckers Outdoor by 3.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after purchasing an additional 39,211 shares during the last quarter. Trillium Asset Management LLC raised its stake in shares of Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock worth $19,428,000 after buying an additional 41,325 shares during the last quarter. Jump Financial LLC lifted its holdings in Deckers Outdoor by 5,481.7% in the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after buying an additional 153,763 shares during the period. OFI Invest Asset Management lifted its holdings in Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after buying an additional 87,834 shares during the period. Finally, Bank of Montreal Can boosted its stake in Deckers Outdoor by 37.9% in the second quarter. Bank of Montreal Can now owns 188,873 shares of the textile maker’s stock valued at $19,467,000 after acquiring an additional 51,914 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Robert W. Baird reduced their target price on Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. Evercore ISI decreased their target price on Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a research report on Friday, October 17th. Finally, Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $117.58.

Deckers Outdoor Stock Performance

NYSE DECK opened at $99.72 on Monday. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $223.98. The stock has a market capitalization of $14.53 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 4.49 and a beta of 1.19. The stock’s 50 day moving average price is $91.14 and its two-hundred day moving average price is $102.16.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the business posted $1.59 EPS. The business’s revenue was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Buying and Selling

In related news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.