Deckers Outdoor Corporation $DECK Stock: Kintegral Advisory LLC Raises Stake

Kintegral Advisory LLC boosted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 35.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,941 shares of the textile maker’s stock after buying an additional 6,850 shares during the quarter. Kintegral Advisory LLC’s holdings in Deckers Outdoor were worth $2,027,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Costello Asset Management INC raised its stake in shares of Deckers Outdoor by 14.3% in the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after acquiring an additional 100 shares during the period. Hilton Head Capital Partners LLC boosted its stake in shares of Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after purchasing an additional 101 shares during the period. Cim LLC boosted its stake in shares of Deckers Outdoor by 1.1% during the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock worth $1,222,000 after purchasing an additional 133 shares during the period. Resonant Capital Advisors LLC boosted its stake in shares of 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 purchasing an additional 138 shares during the period. Finally, Tema ETFs LLC grew its holdings in Deckers Outdoor by 5.6% during the 2nd quarter. Tema ETFs LLC now owns 2,734 shares of the textile maker’s stock valued at $271,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the topic of a number of recent analyst reports. BMO Capital Markets initiated coverage on shares of Deckers Outdoor in a research report on Tuesday, September 8th. They issued an “underperform” rating and a $70.00 price objective on the stock. Robert W. Baird decreased their price objective on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Raymond James Financial set a $105.00 target price on Deckers Outdoor and gave the company an “outperform” rating in a research report on Friday. Telsey Advisory Group restated a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research report on Thursday. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. Nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $111.84.

Deckers Outdoor Price Performance

Shares of NYSE:DECK traded down $1.08 on Friday, hitting $85.50. 2,697,653 shares of the company’s stock were exchanged, compared to its average volume of 3,236,794. Deckers Outdoor Corporation has a 12 month low of $77.20 and a 12 month high of $122.29. The stock has a market capitalization of $11.65 billion, a price-to-earnings ratio of 12.13, a price-to-earnings-growth ratio of 1.34 and a beta of 1.12. The business’s 50 day simple moving average is $84.27 and its two-hundred day simple moving average is $97.35.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Equities analysts forecast that Deckers Outdoor Corporation will post 7.50 EPS for the current fiscal year.

Deckers Outdoor Profile

Deckers Outdoor Corporation, doing business as Deckers Brands, is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual lifestyle products; HOKA, which develops performance running and outdoor footwear; and Teva, which offers outdoor and adventure sandals and footwear. The company also markets Koolaburra by UGG and other product lines.

Deckers sells its products through company-owned retail stores, e-commerce websites, wholesale accounts and selected distributors.