Polianta Ltd Boosts Position in Deckers Outdoor Corporation $DECK

Polianta Ltd boosted its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 19.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,600 shares of the textile maker’s stock after purchasing an additional 1,700 shares during the quarter. Polianta Ltd’s holdings in Deckers Outdoor were worth $1,092,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Marks Group Wealth Management Inc raised its stake in shares of Deckers Outdoor by 15.4% during the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock valued at $7,033,000 after purchasing an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Deckers Outdoor by 17.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after purchasing an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Deckers Outdoor by 3.9% during the first 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 period. Park Avenue Securities LLC raised its stake in shares of Deckers Outdoor by 32.3% during the first quarter. Park Avenue Securities LLC now owns 26,929 shares of the textile maker’s stock valued at $3,011,000 after purchasing an additional 6,569 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Deckers Outdoor by 17.7% during the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after purchasing an additional 88,179 shares during the period. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DECK has been the topic of a number of analyst reports. KeyCorp reiterated a “sector weight” rating and set a $150.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 23rd. Raymond James Financial raised their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. The Goldman Sachs Group decreased their price target on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating for the company in a research report on Tuesday, July 22nd. Needham & Company LLC reissued a “buy” rating and set a $128.00 price target (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Finally, Barclays raised their price target on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $137.89.

Deckers Outdoor Trading Up 0.1%

Shares of NYSE DECK opened at $118.82 on Thursday. Deckers Outdoor Corporation has a twelve month low of $93.72 and a twelve month high of $223.98. The company has a market capitalization of $17.63 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 4.48 and a beta of 1.05. The firm has a 50-day moving average of $109.66 and a two-hundred day moving average of $111.51.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The business’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 22nd that allows the company to repurchase $2.25 billion in outstanding shares. This repurchase authorization allows the textile maker to reacquire up to 11.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

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.