6,850 Deckers Outdoor Corporation $DECK Shares Purchased by Kintegral Advisory LLC

Kintegral Advisory LLC lifted its position in Deckers Outdoor Corporation (NYSE:DECK) by 35.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,941 shares of the textile maker’s stock after purchasing an additional 6,850 shares during the period. Kintegral Advisory LLC’s holdings in Deckers Outdoor were worth $2,027,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vontobel Holding Ltd. raised its position in Deckers Outdoor by 55.8% during the 3rd quarter. Vontobel Holding Ltd. now owns 11,210 shares of the textile maker’s stock valued at $876,000 after purchasing an additional 4,015 shares in the last quarter. TD Waterhouse Canada Inc. grew its position in shares of Deckers Outdoor by 2,708.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 30,663 shares of the textile maker’s stock worth $2,396,000 after buying an additional 29,571 shares in the last quarter. Pension & Wealth Management Advisors Inc. bought a new position in shares of Deckers Outdoor during the 3rd quarter worth $31,000. Chemistry Wealth Management LLC grew its position in shares of Deckers Outdoor by 21.3% during the 3rd quarter. Chemistry Wealth Management LLC now owns 2,847 shares of the textile maker’s stock worth $222,000 after buying an additional 500 shares in the last quarter. Finally, Daytona Street Capital LLC purchased a new position in shares of Deckers Outdoor during the third quarter valued at $188,000. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the subject of several recent research reports. Needham & Company LLC decreased their price objective on Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating for the company in a report on Friday, July 24th. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. UBS Group reiterated a “buy” rating and set a $140.00 target price on shares of Deckers Outdoor in a report on Thursday. Robert W. Baird cut their target price on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Finally, BMO Capital Markets initiated coverage on shares of Deckers Outdoor in a research report on Tuesday, September 8th. They set an “underperform” rating and a $70.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Deckers Outdoor presently has an average rating of “Hold” and an average price target of $111.84.

Deckers Outdoor Stock Performance

NYSE:DECK traded down $1.08 during trading hours on Friday, reaching $85.50. The company’s stock had a trading volume of 2,697,653 shares, compared to its average volume of 3,236,794. The stock has a 50 day moving average price of $84.27 and a two-hundred day moving average price of $97.35. The company has a market capitalization of $11.65 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 1.34 and a beta of 1.12. Deckers Outdoor Corporation has a 12 month low of $77.20 and a 12 month high of $122.29.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 7.50 EPS for the current fiscal year.

Deckers Outdoor Profile

Deckers Outdoor Corporation, doing business as Deckers Brands, is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual lifestyle products; HOKA, which develops performance running and outdoor footwear; and Teva, which offers outdoor and adventure sandals and footwear. The company also markets Koolaburra by UGG and other product lines.

Deckers sells its products through company-owned retail stores, e-commerce websites, wholesale accounts and selected distributors.