Deckers Outdoor Corporation $DECK Shares Acquired by Raiffeisen Bank International AG

Raiffeisen Bank International AG increased its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 11.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,614 shares of the textile maker’s stock after acquiring an additional 9,456 shares during the period. Raiffeisen Bank International AG owned approximately 0.07% of Deckers Outdoor worth $9,076,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Deckers Outdoor by 3.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after purchasing an additional 522 shares during the period. Empowered Funds LLC grew its position in Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after purchasing an additional 6,384 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Deckers Outdoor by 8.1% in the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after purchasing an additional 521 shares in the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of Deckers Outdoor by 163.2% during the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after buying an additional 6,391 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Stock Up 0.7%

Shares of NYSE DECK opened at $84.32 on Friday. The business’s 50 day moving average is $97.56 and its two-hundred day moving average is $103.24. The company has a market cap of $11.48 billion, a P/E ratio of 11.96, a P/E/G ratio of 1.30 and a beta of 1.15. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $124.88.

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

Analyst Upgrades and Downgrades

DECK has been the topic of several research analyst reports. Piper Sandler restated a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. Barclays set a $133.00 price objective on Deckers Outdoor and gave the company an “overweight” rating in a research report on Friday, July 24th. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price on the stock. in a research note on Friday, May 22nd. UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a research report on Friday, July 24th. Finally, Robert W. Baird cut their price target on Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $117.16.

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.