Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 5,000 Shares of Deckers Outdoor Corporation $DECK

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Deckers Outdoor Corporation (NYSE:DECK) by 13.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,900 shares of the textile maker’s stock after acquiring an additional 5,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Deckers Outdoor were worth $4,216,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DECK. CVA Family Office LLC grew its stake in shares of Deckers Outdoor by 137.4% in the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 shares in the last quarter. Mountain Hill Investment Partners Corp. bought a new position in Deckers Outdoor during the first quarter valued at about $34,000. Cromwell Holdings LLC grew its position in Deckers Outdoor by 4,766.7% during the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock valued at $45,000 after buying an additional 429 shares during the period. Olde Wealth Management LLC bought a new position in Deckers Outdoor during the first quarter valued at about $47,000. Finally, Banque Transatlantique SA bought a new position in Deckers Outdoor during the first quarter valued at about $51,000. Institutional investors own 97.79% of the company’s stock.

Insider Activity

In other news, Director Maha Saleh Ibrahim sold 300 shares of the 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 sale, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DECK. Sanford C. Bernstein began coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 price target for the company. Evercore ISI lowered their target price on Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Friday, October 17th. Stifel Nicolaus set a $127.00 target price on Deckers Outdoor in a research note on Tuesday, October 21st. Citigroup lowered their target price on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Finally, TD Cowen lowered their target price on Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.11.

Deckers Outdoor Stock Down 3.6%

Shares of NYSE:DECK opened at $80.86 on Friday. The firm has a market capitalization of $11.99 billion, a PE ratio of 11.98, a P/E/G ratio of 3.79 and a beta of 1.05. Deckers Outdoor Corporation has a twelve month low of $80.64 and a twelve month high of $223.98. The company has a 50-day moving average price of $107.12 and a two-hundred day moving average price of $107.85.

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