Deckers Outdoor Corporation $DECK Stock Position Increased by Meeder Asset Management Inc.

Meeder Asset Management Inc. raised its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 1,505.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,997 shares of the textile maker’s stock after purchasing an additional 15,938 shares during the period. Meeder Asset Management Inc.’s holdings in Deckers Outdoor were worth $1,701,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings 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 buying an additional 215 shares during the last quarter. Elyxium Wealth LLC bought a new position in Deckers Outdoor in the 4th quarter worth approximately $30,000. Rakuten Securities Inc. grew its holdings in Deckers Outdoor by 45.5% in 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 in the last quarter. Activest Wealth Management increased its position in Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at approximately $35,000. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

DECK has been the subject of a number of analyst reports. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a research report on Thursday, April 23rd. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. Sanford C. Bernstein restated a “market perform” rating and set a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. UBS Group upped their price objective on shares of Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Price Performance

DECK stock opened at $104.18 on Tuesday. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50. The firm has a market cap of $14.47 billion, a PE ratio of 14.80, a P/E/G ratio of 2.10 and a beta of 1.17. The firm has a 50 day simple moving average of $105.71 and a 200 day simple moving average of $106.19.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the firm posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, sell-side analysts expect that Deckers Outdoor Corporation will post 7.46 earnings per share for the current 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.