Caitlin John LLC Makes New $993,000 Investment in Deckers Outdoor Corporation $DECK

Caitlin John LLC bought a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 10,005 shares of the textile maker’s stock, valued at approximately $993,000. Deckers Outdoor accounts for approximately 0.5% of Caitlin John LLC’s investment portfolio, making the stock its 29th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in DECK. Revolve Wealth Partners LLC bought a new position in shares of Deckers Outdoor in the fourth quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Deckers Outdoor by 3.2% during the 1st 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 period. Empowered Funds LLC increased its holdings in Deckers Outdoor by 165.6% during the 1st 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 period. Focus Partners Wealth lifted its stake in Deckers Outdoor by 8.1% in the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after purchasing an additional 521 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in Deckers Outdoor by 163.2% in the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after purchasing an additional 6,391 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $86.14 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $125.45. The stock has a market cap of $11.73 billion, a P/E ratio of 12.22, a price-to-earnings-growth ratio of 1.66 and a beta of 1.17. The firm’s fifty day moving average price is $99.55 and its 200-day moving average price is $104.29.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Truist Financial reduced their price target on shares of Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Stifel Nicolaus set a $133.00 price objective on Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, July 24th. Barclays set a $133.00 price objective on Deckers Outdoor and gave the company an “overweight” rating in a research note on Friday, July 24th. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price for the company. in a research report on Friday, May 22nd. Finally, Argus set a $128.00 target price on Deckers Outdoor in a research note on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.