18,835 Shares in Deckers Outdoor Corporation $DECK Bought by ING Groep NV

ING Groep NV acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 18,835 shares of the textile maker’s stock, valued at approximately $1,953,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. 111 Capital acquired a new position in Deckers Outdoor during the fourth quarter worth $208,000. Vestcor Inc boosted its position in Deckers Outdoor by 28.2% during the fourth quarter. Vestcor Inc now owns 6,834 shares of the textile maker’s stock worth $708,000 after purchasing an additional 1,502 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its position in Deckers Outdoor by 176.2% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 201,167 shares of the textile maker’s stock worth $20,855,000 after purchasing an additional 128,336 shares in the last quarter. Pinebridge Investments LLC purchased a new stake in Deckers Outdoor during the fourth quarter worth $1,550,000. Finally, PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in Deckers Outdoor during the fourth quarter worth $8,694,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 2.7%

Shares of NYSE:DECK opened at $112.66 on Wednesday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50. The stock’s fifty day simple moving average is $104.59 and its 200-day simple moving average is $104.22. The company has a market capitalization of $15.65 billion, a P/E ratio of 16.00, a P/E/G ratio of 2.17 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the business earned $1.00 earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, sell-side analysts anticipate that Deckers Outdoor Corporation will post 7.44 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on DECK shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price on the stock. in a research report on Friday, May 22nd. Truist Financial set a $125.00 target price on Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, May 22nd. Needham & Company LLC reiterated a “buy” rating and set a $138.00 target price on shares of Deckers Outdoor in a research report on Friday, May 22nd. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research report on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $121.11.

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.