Edmond DE Rothschild Holding S.A. Takes Position in Deckers Outdoor Corporation $DECK

Edmond DE Rothschild Holding S.A. bought a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,582 shares of the textile maker’s stock, valued at approximately $1,051,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Costello Asset Management INC raised its position in Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after buying an additional 100 shares during the period. Rakuten Securities Inc. boosted its position in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the period. Hilton Head Capital Partners LLC boosted its position in Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after acquiring an additional 101 shares during the period. GW Henssler & Associates Ltd. grew its stake in Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after acquiring an additional 118 shares in the last quarter. Finally, Cim LLC grew its stake in Deckers Outdoor by 1.1% during the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after acquiring an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

DECK opened at $88.70 on Friday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $125.45. The business has a 50-day moving average of $101.62 and a 200-day moving average of $105.14. The company has a market capitalization of $12.08 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 1.70 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 41.51% and a net margin of 18.54%.The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, equities research analysts expect that Deckers Outdoor Corporation will post 7.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DECK has been the subject of a number of research analyst reports. Telsey Advisory Group reduced their price target on shares of Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday, July 24th. Robert W. Baird lowered their price objective on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Argus set a $128.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 29th. Piper Sandler reiterated a “neutral” rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Finally, KGI Securities lowered shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price for the company. in a research note on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $117.16.

About Deckers Outdoor

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.