Deckers Outdoor Corporation $DECK Shares Acquired by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. boosted its position in Deckers Outdoor Corporation (NYSE:DECK) by 27.3% during the second quarter, Holdings Channel.com reports. The fund owned 46,968 shares of the textile maker’s stock after purchasing an additional 10,085 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Deckers Outdoor were worth $4,841,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Deckers Outdoor by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after acquiring an additional 107,635 shares during the period. Northern Trust Corp boosted its holdings in shares of Deckers Outdoor by 6.2% in the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after buying an additional 98,856 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Deckers Outdoor by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,520,461 shares of the textile maker’s stock worth $170,003,000 after purchasing an additional 97,312 shares during the period. Caisse DE Depot ET Placement DU Quebec raised its position in Deckers Outdoor by 46.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,410,262 shares of the textile maker’s stock valued at $157,681,000 after acquiring an additional 447,734 shares in the last quarter. Finally, Amundi increased its position in Deckers Outdoor by 24.7% during the first quarter. Amundi now owns 1,357,154 shares of the textile maker’s stock worth $151,743,000 after acquiring an additional 268,803 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DECK has been the topic of several research reports. Barclays upped their price target on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Sanford C. Bernstein initiated coverage on Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price for the company. Wells Fargo & Company raised their price target on Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Friday, July 25th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Saturday, September 27th. Finally, Evercore ISI boosted their price target on Deckers Outdoor from $110.00 to $115.00 and gave the company an “in-line” rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Deckers Outdoor presently has an average rating of “Hold” and a consensus target price of $136.32.

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $103.05 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $93.72 and a fifty-two week high of $223.98. The firm has a market cap of $15.29 billion, a P/E ratio of 15.80, a P/E/G ratio of 3.96 and a beta of 1.05. The business’s 50 day moving average price is $110.62 and its 200-day moving average price is $110.08.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same quarter in the previous year, the company posted $4.52 earnings per share. Deckers Outdoor’s revenue was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, equities analysts predict that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.