New York State Teachers Retirement System Has $11.83 Million Position in Deckers Outdoor Corporation $DECK

New York State Teachers Retirement System lessened its stake in Deckers Outdoor Corporation (NYSE:DECK) by 17.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,664 shares of the textile maker’s stock after selling 24,472 shares during the period. New York State Teachers Retirement System owned about 0.08% of Deckers Outdoor worth $11,826,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC bought a new stake in Deckers Outdoor in the fourth quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Deckers Outdoor by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after purchasing an additional 522 shares during the period. Empowered Funds LLC boosted its stake in shares of Deckers Outdoor by 165.6% in the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after purchasing an additional 6,384 shares during the last quarter. Focus Partners Wealth raised its stake in Deckers Outdoor by 8.1% during the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after buying an additional 521 shares during the last quarter. Finally, Inspire Investing LLC lifted its holdings in Deckers Outdoor by 120.4% in the first quarter. Inspire Investing LLC now owns 2,792 shares of the textile maker’s stock valued at $312,000 after buying an additional 1,525 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DECK. Sanford C. Bernstein initiated coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Raymond James Financial set a $115.00 target price on Deckers Outdoor and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Citigroup dropped their price target on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, Guggenheim started coverage on shares of Deckers Outdoor in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $117.05.

Deckers Outdoor Stock Performance

DECK stock opened at $101.31 on Thursday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $223.98. The stock’s 50 day simple moving average is $95.48 and its 200 day simple moving average is $101.68. The company has a market cap of $14.76 billion, a P/E ratio of 15.01, a price-to-earnings-growth ratio of 4.58 and a beta of 1.15.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Equities analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current 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.