Running Oak Capital LLC reduced its position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 6.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 138,631 shares of the textile maker’s stock after selling 9,348 shares during the quarter. Running Oak Capital LLC’s holdings in Deckers Outdoor were worth $14,053,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in DECK. Revolve Wealth Partners LLC bought a new position in Deckers Outdoor during the 4th quarter worth $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Deckers Outdoor by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after acquiring an additional 522 shares during the period. Empowered Funds LLC grew its stake in shares of Deckers Outdoor by 165.6% in the first quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after acquiring an additional 6,384 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Deckers Outdoor by 8.1% in the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after acquiring an additional 521 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Deckers Outdoor by 5.0% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,789 shares of the textile maker’s stock worth $2,143,000 after acquiring an additional 984 shares during the period. 97.79% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
DECK has been the subject of a number of recent research reports. KGI Securities raised shares of Deckers Outdoor from a “hold” rating to an “outperform” rating and set a $129.00 price objective for the company in a report on Friday. Truist Financial set a $132.00 price target on shares of Deckers Outdoor in a research report on Friday. BTIG Research reissued a “neutral” rating on shares of Deckers Outdoor in a research report on Friday. Stifel Nicolaus raised their price objective on Deckers Outdoor from $117.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Piper Sandler reaffirmed an “underweight” rating and issued a $95.00 price objective (up from $85.00) on shares of Deckers Outdoor in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $125.20.
Deckers Outdoor Price Performance
Shares of DECK opened at $116.13 on Tuesday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $177.64. The company has a market cap of $16.92 billion, a P/E ratio of 16.40, a P/E/G ratio of 5.02 and a beta of 1.16. The firm has a 50 day simple moving average of $100.85 and a two-hundred day simple moving average of $101.67.
Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its earnings results on Thursday, January 29th. The textile maker reported $3.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.77 by $0.56. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter last year, the business posted $3.00 EPS. The company’s revenue was up 7.1% compared to the same quarter last year. On average, analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.
Key Stories Impacting Deckers Outdoor
Here are the key news stories impacting Deckers Outdoor this week:
- Positive Sentiment: Record-quarter beat and raised outlook — Deckers reported stronger-than-expected results and raised guidance, sparking analyst model updates and a big initial rally that re-priced expectations for brands like HOKA and UGG. Deckers Record Quarter Raises Outlook
- Positive Sentiment: Analysts lifting targets and coverage — At least one outlet noted a raised price target ($140) after the results, supporting the post-earnings re-rating. Price Target Raised to $140
- Positive Sentiment: Product momentum — New product launches (e.g., HOKA Speedgoat 7) reinforce brand momentum and category demand cited in the quarter. HOKA Speedgoat 7
- Positive Sentiment: Technical breakout across key moving averages — DECK recently crossed above the 20-, 50- and 200-day moving averages, signaling both short- and long-term technical strength that likely drew momentum buyers. 20-Day MA 50-Day MA 200-Day MA
- Neutral Sentiment: Investor attention and screens — DECK showed up on Zacks’ most-searched and Zacks Value Trader lists, increasing short-term attention from retail and quant screens. Trending Stock Zacks Value Trader
- Neutral Sentiment: Unusual options activity — Elevated options volume was reported, indicating increased short-term trading and hedging that can amplify intraday moves without changing the underlying fundamentals. Unusually High Options Volume
- Negative Sentiment: Valuation scrutiny and profit-taking after the rally — Coverage notes the quarter “puts valuation in focus,” and after a sharp post-earnings run-up many investors likely locked in gains; that combination helps explain today’s pullback despite positive fundamentals. Valuation In Focus
About Deckers Outdoor
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.
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