Capricorn Fund Managers Ltd Reduces Stock Position in Deckers Outdoor Corporation $DECK

Capricorn Fund Managers Ltd lessened its position in Deckers Outdoor Corporation (NYSE:DECK) by 14.3% during the second quarter, Holdings Channel reports. The institutional investor owned 66,000 shares of the textile maker’s stock after selling 11,000 shares during the quarter. Deckers Outdoor makes up approximately 3.2% of Capricorn Fund Managers Ltd’s investment portfolio, making the stock its 10th largest position. Capricorn Fund Managers Ltd’s holdings in Deckers Outdoor were worth $6,803,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Deckers Outdoor by 0.6% in the 1st 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 during the last quarter. Northern Trust Corp grew its holdings in shares of Deckers Outdoor by 6.2% in the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Deckers Outdoor by 6.8% in the 1st 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 during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Deckers Outdoor by 46.5% in the 1st 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 during the last quarter. Finally, Amundi grew its holdings in shares of Deckers Outdoor by 24.7% in the 1st 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 during the last quarter. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 0.7%

Shares of DECK stock opened at $103.05 on Friday. Deckers Outdoor Corporation has a 1-year low of $93.72 and a 1-year high of $223.98. The company has a market capitalization of $15.29 billion, a price-to-earnings ratio of 15.80, a P/E/G ratio of 3.96 and a beta of 1.05. The stock’s fifty day simple moving average is $110.62 and its 200-day simple moving average is $110.08.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The business had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. During the same quarter in the previous year, the company posted $4.52 earnings per share. Deckers Outdoor’s revenue for the quarter was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, sell-side analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Buying and Selling

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is owned by company insiders.

Analyst Ratings Changes

DECK has been the topic of a number of recent research reports. Wells Fargo & Company lifted their target price on Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Friday, July 25th. Needham & Company LLC restated a “buy” rating and issued a $128.00 target price (up from $120.00) on shares of Deckers Outdoor in a report on Wednesday, July 23rd. Evercore ISI lifted their target price on Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a report on Friday, July 25th. Telsey Advisory Group restated a “market perform” rating and issued a $120.00 target price on shares of Deckers Outdoor in a report on Friday, July 25th. Finally, Sanford C. Bernstein assumed coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $136.32.

Deckers Outdoor 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.