First Eagle Investment Management LLC Takes Position in Deckers Outdoor Corporation $DECK

First Eagle Investment Management LLC purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,880 shares of the textile maker’s stock, valued at approximately $812,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Horizon Investments LLC boosted its holdings in Deckers Outdoor by 4.6% during the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after acquiring an additional 96 shares during the last quarter. Cumberland Partners Ltd lifted its position in shares of Deckers Outdoor by 0.4% during the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock valued at $3,130,000 after purchasing an additional 98 shares in the last quarter. Park Place Capital Corp boosted its holdings in Deckers Outdoor by 14.9% during the second quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after purchasing an additional 100 shares during the last quarter. Tower View Wealth Management LLC grew its position in Deckers Outdoor by 1.1% in the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker’s stock worth $1,149,000 after purchasing an additional 117 shares in the last quarter. Finally, Shilanski & Associates Inc. grew its position in Deckers Outdoor by 1.2% in the 2nd quarter. Shilanski & Associates Inc. now owns 11,662 shares of the textile maker’s stock worth $1,202,000 after purchasing an additional 142 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DECK. Sanford C. Bernstein assumed coverage on Deckers Outdoor in a research note on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price on the stock. Raymond James Financial set a $115.00 price target on Deckers Outdoor and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Zacks Research upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Stifel Nicolaus set a $127.00 target price on Deckers Outdoor in a research report on Tuesday, October 21st. Finally, KeyCorp raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Three analysts have rated the stock with a Strong Buy rating, nine have given 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.com, Deckers Outdoor has a consensus rating of “Moderate Buy” and a consensus price target of $118.11.

Insider Buying and Selling

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the sale, the insider owned 34,020 shares of the company’s stock, valued at $2,770,929. The trade was a 4.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the 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 in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company’s stock.

Deckers Outdoor Price Performance

Shares of DECK opened at $81.65 on Monday. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98. The stock’s fifty day moving average price is $103.03 and its two-hundred day moving average price is $106.86. The firm has a market cap of $11.90 billion, a PE ratio of 12.10, a PEG ratio of 3.79 and a beta of 1.10.

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