Deckers Outdoor Corporation $DECK Shares Bought by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. raised its position in Deckers Outdoor Corporation (NYSE:DECK) by 109.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,656,405 shares of the textile maker’s stock after purchasing an additional 867,397 shares during the period. Goldman Sachs Group Inc. owned about 1.17% of Deckers Outdoor worth $171,720,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DECK. Geneos Wealth Management Inc. boosted its stake in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter valued at $30,000. Rakuten Securities Inc. boosted its stake in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. Activest Wealth Management boosted its stake in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter valued at $40,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DECK shares. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a research note on Friday, May 22nd. Needham & Company LLC reaffirmed a “buy” rating and set a $138.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Piper Sandler raised Deckers Outdoor from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $95.00 to $100.00 in a research note on Monday, May 18th. Truist Financial set a $125.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, UBS Group increased their price objective on Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor currently has an average rating of “Hold” and an average price target of $121.11.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $108.15 on Monday. The stock’s 50-day moving average is $103.90 and its 200-day moving average is $103.83. The company has a market cap of $15.02 billion, a price-to-earnings ratio of 15.36, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the business posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Research analysts anticipate that Deckers Outdoor Corporation will post 7.44 EPS for the current year.

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.