46,670 Shares in Deckers Outdoor Corporation $DECK Bought by Private Wealth Advisors LLC

Private Wealth Advisors LLC acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 46,670 shares of the textile maker’s stock, valued at approximately $4,634,000. Deckers Outdoor makes up about 1.2% of Private Wealth Advisors LLC’s portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DECK. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter worth about $30,000. Rakuten Securities Inc. boosted its position in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after buying an additional 100 shares during the period. Activest Wealth Management grew its holdings in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after buying an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC bought a new position in shares of Deckers Outdoor during the fourth quarter worth about $35,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on DECK shares. Telsey Advisory Group dropped their target price on Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating on the stock in a research report on Friday, July 24th. Needham & Company LLC reduced their price target on Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, July 24th. KGI Securities cut shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a research note on Friday, May 22nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Argus set a $128.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $117.16.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $92.85 on Monday. The stock’s 50-day simple moving average is $103.37 and its 200 day simple moving average is $105.54. The company has a market cap of $12.64 billion, a P/E ratio of 13.17, a P/E/G ratio of 1.73 and a beta of 1.17. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $125.45.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.Deckers Outdoor’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities analysts predict that Deckers Outdoor Corporation will post 7.5 earnings per share for the current fiscal year.

Deckers Outdoor Company Profile

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.