Delta Global Management LP raised its position in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 8.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 222,244 shares of the textile maker’s stock after purchasing an additional 17,368 shares during the quarter. Deckers Outdoor accounts for 1.8% of Delta Global Management LP’s investment portfolio, making the stock its 18th largest holding. Delta Global Management LP’s holdings in Deckers Outdoor were worth $22,244,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Costello Asset Management INC increased its holdings in shares of Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock worth $80,000 after buying an additional 100 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC boosted its holdings in shares of Deckers Outdoor by 29.8% in the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after acquiring an additional 101 shares in the last quarter. GW Henssler & Associates Ltd. boosted its holdings in shares of Deckers Outdoor by 5.8% in the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after acquiring an additional 118 shares in the last quarter. Finally, Resonant Capital Advisors LLC grew its position in Deckers Outdoor by 3.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 4,250 shares of the textile maker’s stock worth $425,000 after acquiring an additional 138 shares during the last quarter. 97.79% of the stock is owned by institutional investors.
Deckers Outdoor Price Performance
DECK opened at $96.18 on Friday. The stock has a market capitalization of $13.36 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 1.90 and a beta of 1.17. The company’s 50 day simple moving average is $106.13 and its 200-day simple moving average is $106.04. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on DECK. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a report on Friday, May 22nd. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective on the stock. in a research note on Thursday, April 23rd. Argus set a $128.00 target price on Deckers Outdoor in a report on Friday, May 29th. Zacks Research lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Telsey Advisory Group cut their price target on Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a report on Friday. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $117.16.
Read Our Latest Stock Analysis on DECK
Key Headlines Impacting Deckers Outdoor
Here are the key news stories impacting Deckers Outdoor this week:
- Positive Sentiment: Deckers beat Q1 earnings estimates, with EPS of $0.94 versus $0.88 expected, and revenue topped $1 billion for the first time, helped by continued strength in HOKA and UGG. Business Wire earnings release
- Positive Sentiment: The company raised its full-year EPS outlook to $7.35-$7.50 and highlighted stronger direct-to-consumer performance, suggesting management still sees healthy demand and better profitability potential. MSN forecast raise article
- Neutral Sentiment: Analysts remain constructive overall, but several lowered price targets after the report, including Truist, Needham, Telsey, and Baird, reflecting a more cautious near-term valuation view rather than a major change in the long-term story. Benzinga analyst update
- Negative Sentiment: Shares are reacting to guidance and cost concerns: investors were disappointed that tariff and freight pressures are expected to weigh on margins, and the stock fell even after the earnings beat. Zacks margin pressure article
- Negative Sentiment: Recent commentary from The Wall Street Journal noted that sales growth slowed in the quarter, which reinforces concerns that growth may be moderating even as HOKA continues to perform well. WSJ sales growth article
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.
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