Deckers Outdoor Corporation $DECK Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its position in Deckers Outdoor Corporation (NYSE:DECK) by 4.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 141,136 shares of the textile maker’s stock after selling 6,353 shares during the period. New York State Teachers Retirement System’s holdings in Deckers Outdoor were worth $14,547,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marks Group Wealth Management Inc boosted its holdings in Deckers Outdoor by 15.4% in 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 last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Deckers Outdoor by 17.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after buying an additional 2,706 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position 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 worth $116,310,000 after buying an additional 39,211 shares in the last quarter. Principal Financial Group Inc. grew its position 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 worth $65,716,000 after buying an additional 88,179 shares in the last quarter. Finally, Jump Financial LLC increased its stake in shares of Deckers Outdoor by 5,481.7% in the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock worth $17,506,000 after buying an additional 153,763 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Up 0.8%

Shares of NYSE DECK opened at $99.89 on Friday. The firm’s 50-day moving average price is $109.12 and its two-hundred day moving average price is $108.75. Deckers Outdoor Corporation has a 52-week low of $93.72 and a 52-week high of $223.98. The stock has a market capitalization of $14.82 billion, a P/E ratio of 15.32, a P/E/G ratio of 3.82 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.68 by $0.25. The company had revenue of $964.54 million during the quarter, compared to analyst estimates 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 was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, equities research analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Barclays increased their price objective on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. The Goldman Sachs Group reduced their price target on shares of Deckers Outdoor from $90.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Evercore ISI decreased their price target on Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Friday. UBS Group set a $157.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $136.00.

Deckers Outdoor Company Profile

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.