Los Angeles Capital Management LLC Decreases Holdings in Deckers Outdoor Corporation $DECK

Los Angeles Capital Management LLC decreased its stake in Deckers Outdoor Corporation (NYSE:DECK) by 61.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,728 shares of the textile maker’s stock after selling 188,231 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Deckers Outdoor were worth $11,928,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DECK. Vanguard Group Inc. lifted 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 valued at $1,984,339,000 after buying an additional 107,635 shares in the last quarter. Northern Trust Corp increased its stake in Deckers Outdoor by 6.2% during the 1st quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after buying an additional 98,856 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Deckers Outdoor by 6.8% during 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 valued at $170,003,000 after acquiring an additional 97,312 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position 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 valued at $157,681,000 after acquiring an additional 447,734 shares in the last quarter. Finally, Amundi lifted its position 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 valued at $151,743,000 after acquiring an additional 268,803 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 2.3%

Shares of NYSE:DECK opened at $81.65 on Monday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $223.98. The stock has a market cap of $11.90 billion, a P/E ratio of 12.10, a PEG ratio of 3.79 and a beta of 1.10. The business has a fifty day moving average of $103.03 and a two-hundred day moving average of $106.86.

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

Analysts Set New Price Targets

Several analysts recently commented on DECK shares. Citigroup dropped their price target on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Raymond James Financial set a $115.00 target price on shares of Deckers Outdoor and gave the stock a “strong-buy” rating in a research note on Friday, October 24th. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price for the company. 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 research report on Friday, October 24th. Finally, Wells Fargo & Company decreased their price target on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.11.

Insider Transactions at Deckers Outdoor

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 shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by insiders.

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.