Hohimer Wealth Management LLC Takes $665,000 Position in Deckers Outdoor Corporation $DECK

Hohimer Wealth Management LLC acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,455 shares of the textile maker’s stock, valued at approximately $665,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after acquiring an additional 215 shares during the last quarter. CVA Family Office LLC raised its position in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after purchasing an additional 180 shares during the last quarter. Rakuten Securities Inc. lifted its holdings 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 buying an additional 100 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Deckers Outdoor in the 2nd quarter valued at about $41,000. Finally, Cromwell Holdings LLC grew its position in shares of Deckers Outdoor by 4,766.7% in the 2nd 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 last quarter. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $101.21 on Monday. The business has a 50-day simple moving average of $90.99 and a 200 day simple moving average of $101.90. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98. The firm has a market capitalization of $14.75 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 4.56 and a beta of 1.19.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating 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 firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, sell-side analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Wall Street Analyst Weigh In

DECK has been the topic of a number of recent analyst reports. Cowen reaffirmed a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. TD Cowen lowered their price objective on Deckers Outdoor from $125.00 to $124.00 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 Deckers Outdoor and gave the company a “strong-buy” rating in a research report on Friday, October 24th. Guggenheim initiated coverage on Deckers Outdoor in a research note on Tuesday, December 9th. They set a “neutral” rating for the company. Finally, UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $117.58.

Insider Buying and Selling

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction 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 transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

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.