Deckers Outdoor Corporation $DECK Stock Holdings Boosted by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 0.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 51,363 shares of the textile maker’s stock after acquiring an additional 232 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Deckers Outdoor were worth $5,294,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DECK. Mountain Hill Investment Partners Corp. bought a new position in shares of Deckers Outdoor during the first quarter worth about $34,000. Cromwell Holdings LLC grew its position in shares of Deckers Outdoor by 4,766.7% during the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock worth $45,000 after acquiring an additional 429 shares during the last quarter. Olde Wealth Management LLC bought a new position in shares of Deckers Outdoor during the first quarter worth about $47,000. Banque Transatlantique SA acquired a new stake in Deckers Outdoor in the first quarter worth about $51,000. Finally, Costello Asset Management INC acquired a new stake in Deckers Outdoor in the first quarter worth about $78,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Down 15.0%

Shares of NYSE DECK opened at $87.16 on Monday. Deckers Outdoor Corporation has a twelve month low of $86.83 and a twelve month high of $223.98. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 12.91, a PEG ratio of 3.29 and a beta of 1.05. The firm has a 50-day moving average of $108.65 and a two-hundred day moving average of $108.55.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the company earned $1.59 EPS. Deckers Outdoor’s revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, research analysts predict that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company reduced their price objective on shares of Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday. Telsey Advisory Group reduced their price objective on shares of Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating for the company in a report on Friday. Evercore ISI reduced their price objective on shares of Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating for the company in a report on Friday, October 17th. Citigroup reduced their price objective on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a report on Friday. Finally, Robert W. Baird reduced their price objective on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $119.58.

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.