Quantinno Capital Management LP Has $28.80 Million Stake in Deckers Outdoor Corporation $DECK

Quantinno Capital Management LP lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 6.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 287,782 shares of the textile maker’s stock after purchasing an additional 16,762 shares during the period. Quantinno Capital Management LP’s holdings in Deckers Outdoor were worth $28,804,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in DECK. Federated Hermes Inc. boosted its stake in Deckers Outdoor by 374.1% in the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after purchasing an additional 2,485,338 shares during the period. Norges Bank bought a new position in Deckers Outdoor during the 4th quarter worth $252,729,000. AQR Capital Management LLC increased its position in Deckers Outdoor by 340.5% during the 4th quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock worth $273,000,000 after buying an additional 2,035,517 shares during the period. Viking Global Investors LP acquired a new stake in shares of Deckers Outdoor during the third quarter worth $175,058,000. Finally, Marshall Wace LLP lifted its holdings in shares of Deckers Outdoor by 5,324.4% during the fourth quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock worth $155,309,000 after buying an additional 1,470,488 shares in the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $96.97 on Friday. The stock has a market capitalization of $13.21 billion, a PE ratio of 13.76, a P/E/G ratio of 1.86 and a beta of 1.17. The business has a fifty day moving average price of $106.25 and a two-hundred day moving average price of $105.84. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $125.45.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company’s revenue was up 5.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, equities analysts expect that Deckers Outdoor Corporation will post 7.49 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DECK shares. Robert W. Baird reduced their target price on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Needham & Company LLC lowered their price target on shares of Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Piper Sandler reiterated a “neutral” rating on shares of Deckers Outdoor in a research note on Thursday, June 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Friday, July 17th. Finally, Telsey Advisory Group cut their price objective on shares of Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a report on Friday, July 24th. Nine 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 data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $117.16.

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.