ST Germain D J Co. Inc. Has $6.04 Million Stake in Deckers Outdoor Corporation $DECK

ST Germain D J Co. Inc. cut its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 11.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,531 shares of the textile maker’s stock after selling 7,770 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Deckers Outdoor were worth $6,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DECK. Geode Capital Management LLC boosted its position in Deckers Outdoor by 2.7% during the second quarter. Geode Capital Management LLC now owns 4,427,639 shares of the textile maker’s stock valued at $454,662,000 after acquiring an additional 114,779 shares during the last quarter. Invesco Ltd. boosted its position in shares of Deckers Outdoor by 19.4% during the 2nd quarter. Invesco Ltd. now owns 2,781,218 shares of the textile maker’s stock valued at $286,660,000 after purchasing an additional 452,081 shares in the last quarter. Norges Bank bought a new stake in shares of Deckers Outdoor during the 2nd quarter valued at about $223,036,000. Federated Hermes Inc. grew its stake in Deckers Outdoor by 46.5% during the second quarter. Federated Hermes Inc. now owns 1,705,634 shares of the textile maker’s stock worth $175,800,000 after purchasing an additional 541,657 shares during the period. Finally, Northern Trust Corp increased its holdings in Deckers Outdoor by 6.2% in the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after purchasing an additional 98,856 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 0.2%

Deckers Outdoor stock opened at $104.22 on Wednesday. The firm has a market capitalization of $15.19 billion, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 4.69 and a beta of 1.19. The firm’s fifty day moving average price is $91.15 and its two-hundred day moving average price is $101.87. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $223.98.

Deckers Outdoor (NYSE:DECK) last posted 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. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the business posted $1.59 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, research analysts forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Activity at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DECK shares. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Cowen reiterated a “buy” rating on shares of Deckers Outdoor in a research report on Friday, October 24th. The Goldman Sachs Group reduced their price target on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a report on Friday, October 24th. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, 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 objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $117.58.

Deckers Outdoor 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.