Financiere des Professionnels Fonds d investissement inc. Purchases New Holdings in Deckers Outdoor Corporation $DECK

Financiere des Professionnels Fonds d investissement inc. acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 9,060 shares of the textile maker’s stock, valued at approximately $907,000.

Several other large investors have also recently bought and sold shares of the company. Costello Asset Management INC boosted its position in Deckers Outdoor by 14.3% in the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after buying an additional 100 shares during the last quarter. Rakuten Securities Inc. raised its position in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Hilton Head Capital Partners LLC raised its position in shares of Deckers Outdoor by 29.8% during the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after acquiring an additional 101 shares during the last quarter. GW Henssler & Associates Ltd. lifted its stake in shares of Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after acquiring an additional 118 shares during the period. Finally, Resonant Capital Advisors LLC lifted its stake in shares of Deckers Outdoor by 3.4% during the first quarter. Resonant Capital Advisors LLC now owns 4,250 shares of the textile maker’s stock valued at $425,000 after acquiring an additional 138 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $106.50 on Friday. The company’s 50 day simple moving average is $105.55 and its 200 day simple moving average is $106.18. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 2.15 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 7.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DECK has been the topic of several recent research reports. Needham & Company LLC reiterated a “buy” rating and issued a $138.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a report on Friday, May 22nd. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, May 22nd. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a research note on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Deckers Outdoor presently has an average rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Profile

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.