Shell Asset Management Co. Trims Stock Position in Deckers Outdoor Corporation $DECK

Shell Asset Management Co. lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 7.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 22,494 shares of the textile maker’s stock after selling 1,699 shares during the period. Shell Asset Management Co.’s holdings in Deckers Outdoor were worth $2,318,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Roundview Capital LLC purchased a new position in shares of Deckers Outdoor during the 2nd quarter valued at about $1,542,000. KLP Kapitalforvaltning AS raised its stake in shares of Deckers Outdoor by 8.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 146,500 shares of the textile maker’s stock valued at $15,100,000 after buying an additional 11,400 shares during the last quarter. Belpointe Asset Management LLC raised its stake in shares of Deckers Outdoor by 16.1% during the 2nd quarter. Belpointe Asset Management LLC now owns 8,161 shares of the textile maker’s stock valued at $841,000 after buying an additional 1,134 shares during the last quarter. Knights of Columbus Asset Advisors LLC grew its position in shares of Deckers Outdoor by 15.3% during the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 15,222 shares of the textile maker’s stock valued at $1,569,000 after acquiring an additional 2,016 shares during the period. Finally, Marks Group Wealth Management Inc grew its position in shares of Deckers Outdoor by 16.5% during the 2nd quarter. Marks Group Wealth Management Inc now owns 73,272 shares of the textile maker’s stock valued at $7,552,000 after acquiring an additional 10,370 shares during the period. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DECK shares. Wells Fargo & Company raised their target price on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. Raymond James Financial raised their target price on Deckers Outdoor from $123.00 to $137.00 and gave the company a “strong-buy” rating in a research report on Friday, July 25th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday. Sanford C. Bernstein started coverage on Deckers Outdoor in a research report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price on the stock. Finally, Needham & Company LLC restated a “buy” rating and set a $128.00 target price (up from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued 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 target price of $136.26.

Insider Buying and Selling at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

Deckers Outdoor Trading Up 3.6%

DECK stock opened at $101.51 on Thursday. Deckers Outdoor Corporation has a 12-month low of $93.72 and a 12-month high of $223.98. The stock has a market cap of $15.06 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 3.74 and a beta of 1.05. The business’s 50-day moving average is $109.96 and its 200 day moving average is $109.73.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share (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 for the quarter, compared to analysts’ expectations of $901.45 million. During the same period in the previous year, the firm posted $4.52 EPS. 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 forecast that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

About Deckers Outdoor

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.