Asio Capital LLC Buys 2,090 Shares of Deckers Outdoor Corporation $DECK

Asio Capital LLC boosted its stake in Deckers Outdoor Corporation (NYSE:DECK) by 3.7% in the second quarter, HoldingsChannel reports. The firm owned 59,122 shares of the textile maker’s stock after acquiring an additional 2,090 shares during the period. Deckers Outdoor accounts for about 1.0% of Asio Capital LLC’s holdings, making the stock its 28th biggest position. Asio Capital LLC’s holdings in Deckers Outdoor were worth $6,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DECK. Vanguard Group Inc. increased its holdings in shares of Deckers Outdoor by 0.6% in the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after acquiring an additional 107,635 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Deckers Outdoor by 6.2% in the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after acquiring an additional 98,856 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Deckers Outdoor by 6.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock worth $170,003,000 after acquiring an additional 97,312 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Deckers Outdoor by 46.5% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock worth $157,681,000 after acquiring an additional 447,734 shares in the last quarter. Finally, Amundi increased its holdings in shares of Deckers Outdoor by 24.7% in the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock worth $151,743,000 after acquiring an additional 268,803 shares in the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Bank of America increased their price target on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, September 25th. Barclays increased their price target on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Telsey Advisory Group restated a “market perform” rating and issued a $120.00 price target on shares of Deckers Outdoor in a report on Friday, July 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $128.00 price objective (up from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company upped their price objective on Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $136.32.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Stock Down 2.5%

DECK opened at $103.17 on Tuesday. Deckers Outdoor Corporation has a 12-month low of $93.72 and a 12-month high of $223.98. The stock has a market cap of $15.30 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 4.03 and a beta of 1.05. The business has a 50 day moving average of $111.14 and a 200-day moving average of $110.38.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The company had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The firm’s quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter last year, the company earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.