Deckers Outdoor Corporation $DECK Shares Purchased by National Pension Service

National Pension Service increased its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 28.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 73,570 shares of the textile maker’s stock after purchasing an additional 16,259 shares during the quarter. National Pension Service’s holdings in Deckers Outdoor were worth $7,627,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in shares of Deckers Outdoor in the fourth quarter worth $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings 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 worth $1,858,000 after acquiring an additional 522 shares during the last quarter. Empowered Funds LLC raised its holdings 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 worth $1,145,000 after acquiring an additional 6,384 shares during the last quarter. Focus Partners Wealth raised its holdings 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 worth $773,000 after acquiring an additional 521 shares during the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Deckers Outdoor by 163.2% in the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after acquiring an additional 6,391 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DECK has been the subject of a number of analyst reports. Sanford C. Bernstein reissued a “market perform” rating and issued a $105.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $138.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 22nd. Wells Fargo & Company downgraded Deckers Outdoor from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $115.00 to $90.00 in a research report on Friday, May 8th. Finally, Argus set a $128.00 price objective on Deckers Outdoor in a research report on Friday. Nine equities 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $111.02 on Tuesday. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50. The business’s 50-day simple moving average is $103.28 and its 200 day simple moving average is $103.09. The stock has a market cap of $15.42 billion, a price-to-earnings ratio of 15.77, a price-to-earnings-growth ratio of 2.26 and a beta of 1.14.

Deckers Outdoor (NYSE:DECK) last announced 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. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.Deckers Outdoor’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities research analysts predict that Deckers Outdoor Corporation will post 7.41 EPS for the current year.

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.