VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 235,800 Deckers Outdoor Corporation $DECK

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 235,800 shares of the textile maker’s stock, valued at approximately $24,304,000.

A number of other large investors have also made changes to their positions in the company. Marks Group Wealth Management Inc lifted its position in Deckers Outdoor by 15.4% in the 1st quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock valued at $7,033,000 after acquiring an additional 8,410 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in Deckers Outdoor by 17.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after acquiring an additional 2,706 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Deckers Outdoor by 3.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after acquiring an additional 39,211 shares in the last quarter. Principal Financial Group Inc. lifted its position in Deckers Outdoor by 17.7% in the 1st quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after acquiring an additional 88,179 shares in the last quarter. Finally, Jump Financial LLC lifted its position in 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 in the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DECK. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $120.00 price objective on shares of Deckers Outdoor in a research report on Friday. Truist Financial lifted their price target on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Needham & Company LLC reiterated a “buy” rating and issued a $128.00 price target (up from $120.00) on shares of Deckers Outdoor in a research note on Wednesday, July 23rd. Raymond James Financial lifted their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the company a “strong-buy” rating in a research note on Friday, July 25th. Finally, Robert W. Baird lifted their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $136.00.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $99.89 on Monday. The firm has a market capitalization of $14.82 billion, a PE ratio of 15.32, a P/E/G ratio of 3.81 and a beta of 1.05. The company’s 50-day moving average is $109.12 and its 200-day moving average is $108.80. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping the consensus estimate 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 net margin of 19.42% and a return on equity of 40.49%. Deckers Outdoor’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the previous year, the business earned $4.52 EPS. 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 EPS for the current year.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated 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 owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.