ProShare Advisors LLC boosted its holdings in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 52.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,017 shares of the textile maker’s stock after purchasing an additional 14,470 shares during the quarter. ProShare Advisors LLC’s holdings in Deckers Outdoor were worth $4,356,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Pinnacle Investment Management Ltd acquired a new stake in Deckers Outdoor in the 3rd quarter valued at $2,027,000. Allspring Global Investments Holdings LLC grew its position in Deckers Outdoor by 24.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 407,698 shares of the textile maker’s stock valued at $43,538,000 after purchasing an additional 81,345 shares during the period. Lombard Odier Asset Management USA Corp acquired a new stake in Deckers Outdoor in the 3rd quarter valued at $1,142,000. American Century Companies Inc. grew its position in Deckers Outdoor by 21.6% in the 3rd quarter. American Century Companies Inc. now owns 1,157,559 shares of the textile maker’s stock valued at $117,342,000 after purchasing an additional 205,748 shares during the period. Finally, US Bancorp DE grew its position in Deckers Outdoor by 262.3% in the 3rd quarter. US Bancorp DE now owns 61,436 shares of the textile maker’s stock valued at $6,228,000 after purchasing an additional 44,477 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.
Deckers Outdoor Price Performance
DECK opened at $106.45 on Friday. The company has a market capitalization of $15.11 billion, a price-to-earnings ratio of 15.12, a P/E/G ratio of 2.29 and a beta of 1.14. The firm’s fifty day moving average price is $102.20 and its two-hundred day moving average price is $101.64. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $126.50.
Wall Street Analyst Weigh In
Several research firms recently issued reports on DECK. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday. Argus raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Friday, February 20th. Jefferies Financial Group lifted their price target on shares of Deckers Outdoor from $102.00 to $105.00 and gave the company a “hold” rating in a research report on Tuesday, January 27th. Stifel Nicolaus lifted their price target on shares of Deckers Outdoor from $117.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, Telsey Advisory Group set a $113.00 price target on shares of Deckers Outdoor in a research report on Friday. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor currently has an average rating of “Hold” and an average price target of $120.61.
Check Out Our Latest Stock Analysis on Deckers Outdoor
Key Headlines Impacting Deckers Outdoor
Here are the key news stories impacting Deckers Outdoor this week:
- Positive Sentiment: Deckers beat Q4 earnings and revenue estimates, with EPS of $0.96 versus $0.81 expected and revenue of $1.12 billion versus $1.09 billion forecast, helped by continued strength in HOKA and UGG. Article Title
- Positive Sentiment: The company raised FY2027 guidance, with EPS outlook of $7.30 to $7.45 and revenue guidance above Wall Street expectations, reinforcing confidence in demand trends. Article Title
- Positive Sentiment: Analysts turned more constructive after the report, with UBS lifting its price target to $161 and reiterating a Buy rating, while Needham reaffirmed Buy and a $138 target. Article Title
- Neutral Sentiment: Media coverage highlighted record sales, strong HOKA momentum, and ongoing UGG demand, but also noted investors are still weighing the durability of the outlook. Article Title
- Neutral Sentiment: Commentary comparing DECK with Nike and other consumer stocks does not appear to be a direct stock catalyst, but it may keep investor attention on valuation and relative growth prospects. Article Title
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.
Featured Stories
- Five stocks we like better than Deckers Outdoor
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corporation (NYSE:DECK – Free Report).
Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.
