Swiss National Bank Boosts Holdings in Deckers Outdoor Corporation $DECK

Swiss National Bank increased its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 7.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 459,400 shares of the textile maker’s stock after buying an additional 30,900 shares during the quarter. Swiss National Bank owned 0.31% of Deckers Outdoor worth $47,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock worth $116,310,000 after buying an additional 39,211 shares during the last quarter. Trillium Asset Management LLC grew its holdings in shares of Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after buying an additional 41,325 shares during the last quarter. Jump Financial LLC increased its position in shares of Deckers Outdoor by 5,481.7% in the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after acquiring an additional 153,763 shares during the period. OFI Invest Asset Management raised its stake in Deckers Outdoor by 32.1% in the 2nd quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock worth $37,264,000 after acquiring an additional 87,834 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in 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. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Price Performance

DECK opened at $83.15 on Tuesday. The firm has a fifty day moving average price of $94.99 and a 200 day moving average price of $104.38. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98. The stock has a market cap of $12.12 billion, a P/E ratio of 12.32, a P/E/G ratio of 3.79 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating the consensus estimate of $1.58 by $0.24. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the business earned $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Equities analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DECK. Cowen restated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Needham & Company LLC reduced their target price on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating for the company in a report on Friday, October 24th. Finally, UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $117.58.

Insider Buying and Selling

In other news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.40% of the company’s stock.

About Deckers Outdoor

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.