Deckers Outdoor Corporation $DECK Shares Bought by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. raised its position in Deckers Outdoor Corporation (NYSE:DECK) by 15,521.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,780 shares of the textile maker’s stock after purchasing an additional 5,743 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Deckers Outdoor were worth $587,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC lifted its position in Deckers Outdoor by 29.8% during the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after buying an additional 101 shares in the last quarter. GW Henssler & Associates Ltd. grew its stake in Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after buying an additional 118 shares during the period. waypoint wealth counsel grew its stake in Deckers Outdoor by 5.3% during the first quarter. waypoint wealth counsel now owns 2,938 shares of the textile maker’s stock worth $294,000 after buying an additional 148 shares during the period. Finally, BOKF NA increased its position in shares of Deckers Outdoor by 0.9% in the third quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock worth $1,765,000 after acquiring an additional 150 shares in the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $106.19 on Wednesday. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $126.50. The company has a market capitalization of $14.75 billion, a PE ratio of 15.08, a P/E/G ratio of 2.09 and a beta of 1.17. The business has a 50-day moving average of $105.01 and a 200-day moving average of $105.92.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $1.00 earnings per share. The company’s revenue was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts expect that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DECK. KGI Securities downgraded shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price on the stock. in a research note on Friday, May 22nd. Piper Sandler reiterated a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Sanford C. Bernstein restated a “market perform” rating and set a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $121.11.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.