Deckers Outdoor Corporation $DECK Shares Purchased by TD Asset Management Inc

TD Asset Management Inc increased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,456,239 shares of the textile maker’s stock after acquiring an additional 77,896 shares during the period. TD Asset Management Inc’s holdings in Deckers Outdoor were worth $150,968,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in Deckers Outdoor during the fourth quarter worth $252,729,000. Viking Global Investors LP purchased a new stake in Deckers Outdoor during the third quarter worth $175,058,000. Goldman Sachs Group Inc. boosted its position in Deckers Outdoor by 109.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,656,405 shares of the textile maker’s stock worth $171,720,000 after purchasing an additional 867,397 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Deckers Outdoor by 293.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 702,106 shares of the textile maker’s stock worth $72,787,000 after purchasing an additional 523,442 shares in the last quarter. Finally, Man Group plc boosted its position in Deckers Outdoor by 106.1% during the third quarter. Man Group plc now owns 862,318 shares of the textile maker’s stock worth $87,413,000 after purchasing an additional 443,843 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 1.5%

Shares of NYSE:DECK opened at $108.92 on Friday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50. The stock’s fifty day simple moving average is $103.74 and its 200-day simple moving average is $103.64. The company has a market capitalization of $15.13 billion, a P/E ratio of 15.47, a P/E/G ratio of 2.13 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the business earned $1.00 earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, sell-side analysts anticipate that Deckers Outdoor Corporation will post 7.44 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on DECK shares. Argus set a $128.00 target price on Deckers Outdoor in a research report on Friday, May 29th. Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Stifel Nicolaus set a $144.00 target price on Deckers Outdoor in a research report on Friday, May 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research report on Friday, May 22nd. Nine equities 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. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $121.11.

About Deckers Outdoor

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.