Narus Financial Partners LLC Has $428,000 Stake in Deckers Outdoor Corporation $DECK

Narus Financial Partners LLC trimmed its holdings in shares of Deckers Outdoor Corporation (NYSE:DECKFree Report) by 75.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,130 shares of the textile maker’s stock after selling 12,500 shares during the quarter. Narus Financial Partners LLC’s holdings in Deckers Outdoor were worth $428,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Viking Global Investors LP bought a new stake in shares of Deckers Outdoor during the third quarter worth approximately $175,058,000. Northern Trust Corp increased its stake in Deckers Outdoor by 3.6% in the third quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker’s stock valued at $174,513,000 after purchasing an additional 60,029 shares in the last quarter. Wellington Management Group LLP increased its stake in Deckers Outdoor by 12.9% in the third quarter. Wellington Management Group LLP now owns 1,445,580 shares of the textile maker’s stock valued at $146,538,000 after purchasing an additional 165,384 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in Deckers Outdoor by 29.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,442,771 shares of the textile maker’s stock valued at $146,254,000 after purchasing an additional 331,794 shares in the last quarter. Finally, TD Asset Management Inc increased its stake in Deckers Outdoor by 9.2% in the third quarter. TD Asset Management Inc now owns 1,378,343 shares of the textile maker’s stock valued at $139,723,000 after purchasing an additional 116,310 shares in the last quarter. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor News Summary

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on DECK shares. Evercore set a $108.00 target price on shares of Deckers Outdoor in a research note on Friday, January 30th. KGI Securities downgraded shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price for the company. in a research note on Friday. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday. Finally, UBS Group upped their price target on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a report on Friday. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $120.61.

Get Our Latest Report on DECK

Deckers Outdoor Stock Down 0.2%

Deckers Outdoor stock opened at $106.45 on Monday. The stock has a market capitalization of $15.11 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 2.29 and a beta of 1.14. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $126.50. The company has a 50 day moving average of $102.20 and a 200-day moving average of $101.79.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.13%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. The firm’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts anticipate that Deckers Outdoor Corporation will post 7.39 EPS for the current fiscal year.

About Deckers Outdoor

(Free Report)

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.

Read More

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:DECKFree Report).

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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.