Deckers Outdoor Corporation $DECK Holdings Decreased by Trillium Asset Management LLC

Trillium Asset Management LLC lessened its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 3.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,736 shares of the textile maker’s stock after selling 5,935 shares during the period. Trillium Asset Management LLC owned 0.13% of Deckers Outdoor worth $13,107,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Phoenix Financial Ltd. acquired a new position in shares of Deckers Outdoor in the 3rd quarter valued at about $2,725,000. Cornerstone Advisory LLC acquired a new stake in Deckers Outdoor during the third quarter worth approximately $228,000. Eurizon Capital SGR S.p.A. increased its holdings in Deckers Outdoor by 9.8% in the third quarter. Eurizon Capital SGR S.p.A. now owns 78,807 shares of the textile maker’s stock worth $6,157,000 after purchasing an additional 7,052 shares in the last quarter. Maryland State Retirement & Pension System increased its holdings in Deckers Outdoor by 10.5% in the third quarter. Maryland State Retirement & Pension System now owns 7,832 shares of the textile maker’s stock worth $612,000 after purchasing an additional 742 shares in the last quarter. Finally, Ritholtz Wealth Management bought a new stake in Deckers Outdoor in the third quarter worth approximately $391,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

More Deckers Outdoor News

Investors following DECK have been watching these news items:

• Positive Sentiment: StoneX initiated coverage with a Buy rating, saying Deckers’ risk-reward profile is attractive—a potentially supportive signal for investor sentiment. StoneX sees attractive risk-reward in Deckers, starts at buy
• Positive Sentiment: Zacks Research raised its estimates for Q1 and Q2 of FY2028 and Q2 of FY2029; the Q2 FY2029 forecast increased to $2.47 per share from $2.23. These increases provide some counterbalance to its cuts elsewhere. Deckers Outdoor analyst estimates
• Neutral Sentiment: A separate report previewed analyst expectations for Deckers’ Q1 earnings, but the supplied information gives no specific estimates or changes to assess. Analysts Set Expectations for Deckers Outdoor Q1 Earnings

Deckers Outdoor Trading Up 2.6%

Deckers Outdoor stock traded up $2.20 during midday trading on Friday, reaching $86.73. The stock had a trading volume of 2,475,739 shares, compared to its average volume of 3,649,466. The company has a fifty day moving average price of $82.60 and a two-hundred day moving average price of $98.58. Deckers Outdoor Corporation has a 12 month low of $77.20 and a 12 month high of $122.29. The company has a market capitalization of $11.58 billion, a P/E ratio of 11.50, a PEG ratio of 1.37 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, October 22nd. The textile maker reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.52. Deckers Outdoor had a return on equity of 42.42% and a net margin of 19.18%. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the prior year, the company earned $1.82 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, equities research analysts predict that Deckers Outdoor Corporation will post 7.80 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on DECK shares. Stifel Nicolaus dropped their price target on Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 23rd. Jefferies Financial Group reduced their price objective on shares of Deckers Outdoor from $130.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, October 23rd. Wolfe Research assumed coverage on shares of Deckers Outdoor in a research note on Wednesday, October 21st. They issued a “peer perform” rating for the company. Wells Fargo & Company set a $70.00 target price on shares of Deckers Outdoor and gave the company an “underweight” rating in a research report on Friday, October 23rd. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $90.00 target price (down from $105.00) on shares of Deckers Outdoor in a research note on Friday, October 23rd. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and a consensus target price of $103.86.

About Deckers Outdoor

Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories through a portfolio of consumer brands. Its best-known brands include UGG, HOKA and Teva, which serve customers seeking products for lifestyle, performance and outdoor use. Founded in 1973 in California, Deckers began as a maker of sandals. The company now sells its products worldwide through wholesale partners as well as its own retail stores and e-commerce channels, serving markets across the Americas, Europe, the Middle East and Africa, and Asia-Pacific.