RWA Wealth Partners LLC Purchases New Position in Deckers Outdoor Corporation $DECK

RWA Wealth Partners LLC acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,737 shares of the textile maker’s stock, valued at approximately $1,725,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DECK. CVA Family Office LLC lifted its holdings in shares of Deckers Outdoor by 137.4% in the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 180 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new position in Deckers Outdoor during the first quarter worth approximately $34,000. Cromwell Holdings LLC lifted its stake in Deckers Outdoor by 4,766.7% in the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock valued at $45,000 after buying an additional 429 shares during the last quarter. Banque Transatlantique SA purchased a new stake in Deckers Outdoor in the first quarter valued at approximately $51,000. Finally, Costello Asset Management INC acquired a new stake in shares of Deckers Outdoor in the first quarter valued at approximately $78,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 2.3%

Shares of NYSE:DECK opened at $81.65 on Monday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $223.98. The firm’s 50-day simple moving average is $103.03 and its 200-day simple moving average is $106.86. The company has a market cap of $11.90 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 3.79 and a beta of 1.10.

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

Analysts Set New Price Targets

Several analysts recently commented on DECK shares. Zacks Research upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. UBS Group restated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. The Goldman Sachs Group reduced their target price on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a report on Friday, October 24th. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Finally, Evercore ISI dropped their price target on Deckers Outdoor from $115.00 to $110.00 and set an “in-line” rating on the stock in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $118.11.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor 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 $1,295,741.58. The trade was 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 link. Also, insider Angela Ogbechie sold 1,460 shares of the company’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider directly owned 34,020 shares in the company, valued at $2,770,929. This represents a 4.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is owned by company insiders.

Deckers Outdoor 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.