Wealth Enhancement Advisory Services LLC Has $1.04 Million Stock Holdings in Deckers Outdoor Corporation $DECK

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 79.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,657 shares of the textile maker’s stock after selling 41,345 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Deckers Outdoor were worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Trillium Asset Management LLC boosted its holdings in Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after acquiring an additional 41,325 shares during the period. OFI Invest Asset Management increased its stake in shares of Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock worth $37,264,000 after purchasing an additional 87,834 shares during the period. Bank of Montreal Can lifted its position in shares of Deckers Outdoor by 37.9% during the 2nd quarter. Bank of Montreal Can now owns 188,873 shares of the textile maker’s stock worth $19,467,000 after purchasing an additional 51,914 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in Deckers Outdoor by 8.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 146,500 shares of the textile maker’s stock valued at $15,100,000 after purchasing an additional 11,400 shares during the period. Finally, Achmea Investment Management B.V. grew its holdings in Deckers Outdoor by 135.3% in the 2nd quarter. Achmea Investment Management B.V. now owns 135,341 shares of the textile maker’s stock valued at $13,950,000 after buying an additional 77,812 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Price Performance

DECK opened at $116.13 on Tuesday. The company has a market capitalization of $16.92 billion, a P/E ratio of 16.40, a P/E/G ratio of 5.02 and a beta of 1.16. The firm’s fifty day moving average price is $100.85 and its two-hundred day moving average price is $101.67. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $177.64.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, January 29th. The textile maker reported $3.33 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm earned $3.00 EPS. The firm’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities research analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

Deckers Outdoor News Summary

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Record quarter and raised outlook: Deckers reported a blowout quarter with EPS and revenue above expectations and raised its outlook, which prompted analysts to rework models and drove the stock higher after the print. Deckers Outdoor Record Quarter Raises Outlook And Puts Valuation In Focus
• Positive Sentiment: Street reaction and momentum: Coverage notes the surprise blowout sent the market to “reprice the story” and produced a sharp intraday rally as analysts upgraded or adjusted models. Deckers’ Surprise Blowout Has Wall Street Repricing the Story
• Positive Sentiment: Analyst upgrade: A Seeking Alpha piece highlights an upgrade from Hold to Buy, citing robust HOKA and UGG demand and improved margins as drivers of upside. Deckers Outdoor: The Reasons Why I Upgrade From Hold To Buy
• Positive Sentiment: Price target lift: At least one outlet reported a higher price target ($140), reflecting the market re-rating after the strong quarter. Deckers Outdoor (NYSE:DECK) Price Target Raised to $140.00
• Positive Sentiment: Technical strength: DECK recently crossed key moving averages (20/50/200-day), a short- and long-term bullish technical signal that can attract momentum traders. Deckers (DECK) Just Overtook the 200-Day Moving Average
• Neutral Sentiment: Product cadence: HOKA launched the Speedgoat 7, supporting product momentum for Deckers’ growth brands, but product news is incremental versus the earnings surprise. The G.O.A.T. Returns: HOKA Unveils the New Speedgoat 7
• Neutral Sentiment: Comparative/value coverage: Pieces comparing DECK with peers (e.g., GAP) and broader Zacks commentary raise visibility but don’t change the fundamentals immediately. GAP vs. DECK: Which Stock Is the Better Value Option?
• Negative Sentiment: Valuation focus and profit-taking: Several articles note the earnings beat has brought valuation into focus; after the sharp post-earnings run, some investors appear to be taking profits and trimming exposure, which can pressure the share price even with positive fundamentals. Deckers’ surprise blowout has Wall Street repricing the story

Analyst Upgrades and Downgrades

DECK has been the subject of a number of research analyst reports. Piper Sandler reiterated an “underweight” rating and set a $95.00 price target (up from $85.00) on shares of Deckers Outdoor in a report on Friday. Sanford C. Bernstein set a $90.00 target price on shares of Deckers Outdoor in a research report on Friday. The Goldman Sachs Group reiterated a “sell” rating and set a $92.00 target price (up from $81.00) on shares of Deckers Outdoor in a research note on Friday. Jefferies Financial Group raised their price target on shares of Deckers Outdoor from $102.00 to $105.00 and gave the stock a “hold” rating in a research report on Tuesday, January 27th. Finally, Robert W. Baird lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $125.20.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.