PBU The Pension Fund of Early Childhood & Youth Educators purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 83,860 shares of the textile maker’s stock, valued at approximately $8,694,000.
Several other large investors have also recently made changes to their positions in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Deckers Outdoor by 5.7% during the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 63,200 shares of the textile maker’s stock worth $6,552,000 after purchasing an additional 3,400 shares in the last quarter. Vise Technologies Inc. increased its position in shares of Deckers Outdoor by 7.2% during the fourth quarter. Vise Technologies Inc. now owns 2,592 shares of the textile maker’s stock worth $269,000 after purchasing an additional 173 shares in the last quarter. Globeflex Capital L P increased its position in shares of Deckers Outdoor by 281.4% during the fourth quarter. Globeflex Capital L P now owns 2,197 shares of the textile maker’s stock worth $228,000 after purchasing an additional 1,621 shares in the last quarter. State of Wyoming increased its position in shares of Deckers Outdoor by 5,165.7% during the fourth quarter. State of Wyoming now owns 1,843 shares of the textile maker’s stock worth $191,000 after purchasing an additional 1,808 shares in the last quarter. Finally, TD Asset Management Inc increased its position in shares of Deckers Outdoor by 5.7% during the fourth quarter. TD Asset Management Inc now owns 1,456,239 shares of the textile maker’s stock worth $150,968,000 after purchasing an additional 77,896 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts recently commented on DECK shares. Truist Financial set a $125.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, May 22nd. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a research report on Friday, May 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Monday, April 20th. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research note on Thursday, April 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $138.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $121.11.
Deckers Outdoor Stock Down 0.7%
Shares of DECK opened at $108.15 on Friday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50. The company has a market capitalization of $15.02 billion, a PE ratio of 15.36, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. The stock has a fifty day simple moving average of $103.90 and a two-hundred day simple moving average of $103.67.
Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the company earned $1.00 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities analysts anticipate that Deckers Outdoor Corporation will post 7.44 earnings per share for the current fiscal year.
Deckers Outdoor Company 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.
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