Osmosis Investment Management UK Ltd Takes $1.66 Million Position in Deckers Outdoor Corporation $DECK

Osmosis Investment Management UK Ltd purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 16,670 shares of the textile maker’s stock, valued at approximately $1,655,000.

A number of other institutional investors have also added to or reduced their stakes in DECK. Geneos Wealth Management Inc. increased 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 acquiring an additional 215 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter worth approximately $30,000. Rakuten Securities Inc. lifted its holdings in shares of 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 purchasing an additional 100 shares in the last quarter. Activest Wealth Management lifted its holdings 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 worth $34,000 after purchasing an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at $35,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $92.09 on Tuesday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $125.45. The firm’s 50-day simple moving average is $100.76 and its 200 day simple moving average is $104.81. The stock has a market cap of $12.54 billion, a PE ratio of 13.06, a price-to-earnings-growth ratio of 1.71 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the business posted $0.93 EPS. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on DECK shares. Needham & Company LLC dropped their price objective on shares of Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Stifel Nicolaus set a $133.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a research note on Friday, May 22nd. Finally, UBS Group reissued a “buy” rating on shares of Deckers Outdoor in a report on Friday, July 24th. 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’s stock. Based on data from MarketBeat.com, Deckers Outdoor has an average rating of “Hold” and an average price target of $117.16.

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.