Epoch Investment Partners Inc. Boosts Stock Position in Deckers Outdoor Corporation $DECK

Epoch Investment Partners Inc. lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 12.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,420,744 shares of the textile maker’s stock after purchasing an additional 153,098 shares during the period. Epoch Investment Partners Inc.’s holdings in Deckers Outdoor were worth $147,289,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DECK. Federated Hermes Inc. boosted its holdings in shares of Deckers Outdoor by 374.1% during the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock worth $326,531,000 after purchasing an additional 2,485,338 shares during the period. Norges Bank purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth about $252,729,000. Viking Global Investors LP purchased a new stake in shares of Deckers Outdoor during the third quarter worth about $175,058,000. Marshall Wace LLP lifted its holdings in Deckers Outdoor by 5,324.4% in the fourth quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock worth $155,309,000 after buying an additional 1,470,488 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Deckers Outdoor by 109.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,656,405 shares of the textile maker’s stock worth $171,720,000 after buying an additional 867,397 shares during the period. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on DECK. Telsey Advisory Group set a $113.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Monday, April 20th. Truist Financial set a $125.00 price objective on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, May 22nd. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a report on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Price Performance

Shares of DECK opened at $113.83 on Friday. The company has a 50-day simple moving average of $105.46 and a two-hundred day simple moving average of $104.70. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50. The firm has a market capitalization of $15.81 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.25 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last released its earnings results 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 net margin of 18.90% and a return on equity of 41.19%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last 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. Analysts expect that Deckers Outdoor Corporation will post 7.45 EPS for the current fiscal year.

Deckers Outdoor Profile

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.