1,013,399 Shares in Deckers Outdoor Corporation $DECK Acquired by Deutsche Bank AG

Deutsche Bank AG purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,013,399 shares of the textile maker’s stock, valued at approximately $100,620,000.

A number of other large investors also recently modified their holdings of DECK. Private Wealth Advisors LLC acquired a new position in shares of Deckers Outdoor during the 2nd quarter worth about $4,634,000. ProShare Advisors LLC raised its position in shares of Deckers Outdoor by 52.5% during the 4th quarter. ProShare Advisors LLC now owns 42,017 shares of the textile maker’s stock worth $4,356,000 after acquiring an additional 14,470 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Deckers Outdoor during the 2nd quarter worth about $1,870,000. Revolve Wealth Partners LLC purchased a new stake in Deckers Outdoor during the fourth quarter worth approximately $247,000. Finally, New York State Teachers Retirement System lifted its stake in Deckers Outdoor by 21.1% during the fourth quarter. New York State Teachers Retirement System now owns 141,272 shares of the textile maker’s stock worth $14,646,000 after purchasing an additional 24,608 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Trading Down 3.1%

Shares of NYSE DECK opened at $88.70 on Friday. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $125.45. The stock has a 50 day moving average of $101.62 and a two-hundred day moving average of $105.14. The stock has a market cap of $12.08 billion, a P/E ratio of 12.58, a P/E/G ratio of 1.70 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, research analysts predict that Deckers Outdoor Corporation will post 7.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

DECK has been the topic of several recent analyst reports. KGI Securities lowered shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target on the stock. in a research note on Friday, May 22nd. Truist Financial reduced their price objective on shares of Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, July 24th. UBS Group restated a “buy” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 target price on shares of Deckers Outdoor in a research report on Friday, May 22nd. Finally, Barclays set a $133.00 price target on shares of Deckers Outdoor and gave the stock an “overweight” rating in a research note on Friday, July 24th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $117.16.

Deckers Outdoor 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.