Banque Cantonale Vaudoise Has $1.08 Million Stock Position in Deckers Outdoor Corporation $DECK

Banque Cantonale Vaudoise reduced its stake in Deckers Outdoor Corporation (NYSE:DECK) by 36.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,797 shares of the textile maker’s stock after selling 6,071 shares during the period. Banque Cantonale Vaudoise’s holdings in Deckers Outdoor were worth $1,081,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its stake in Deckers Outdoor by 330.8% in 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 period. Elyxium Wealth LLC acquired a new position in shares of Deckers Outdoor during the 4th quarter worth about $30,000. Rakuten Securities Inc. grew its position in shares of Deckers Outdoor by 45.5% during 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 during the period. Activest Wealth Management increased its stake in shares of 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 last quarter. Finally, Hilton Head Capital Partners LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at about $35,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Price Performance

DECK stock opened at $104.51 on Friday. The stock has a market capitalization of $14.51 billion, a P/E ratio of 14.84, a P/E/G ratio of 2.07 and a beta of 1.16. The business has a 50-day moving average of $105.88 and a 200-day moving average of $105.84. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates 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 last year, the firm earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts expect that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on DECK shares. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $115.00 to $90.00 in a report on Friday, May 8th. Argus set a $128.00 price target on shares of Deckers Outdoor in a report on Friday, May 29th. Piper Sandler restated a “neutral” rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $138.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Zacks Research lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Deckers Outdoor presently has an average rating of “Hold” and a consensus target price of $121.11.

Deckers Outdoor Company 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.