Leo Wealth LLC Lowers Stake in Deckers Outdoor Corporation $DECK

Leo Wealth LLC lowered its stake in shares of Deckers Outdoor Corporation (NYSE:DECK) by 4.8% in the second quarter, HoldingsChannel.com reports. The firm owned 11,484 shares of the textile maker’s stock after selling 583 shares during the period. Leo Wealth LLC’s holdings in Deckers Outdoor were worth $1,184,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Federated Hermes Inc. lifted its holdings in Deckers Outdoor by 1,998.7% during the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock worth $130,144,000 after buying an additional 1,108,516 shares in the last quarter. Nuveen LLC acquired a new stake in Deckers Outdoor during the 1st quarter worth approximately $97,935,000. Swedbank AB lifted its holdings in Deckers Outdoor by 1,038.9% during the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock worth $84,828,000 after buying an additional 692,065 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Deckers Outdoor by 4,770.0% during the 1st quarter. Pacer Advisors Inc. now owns 641,082 shares of the textile maker’s stock worth $71,679,000 after buying an additional 627,918 shares in the last quarter. Finally, Atreides Management LP lifted its holdings in Deckers Outdoor by 123.6% during the 1st quarter. Atreides Management LP now owns 1,078,693 shares of the textile maker’s stock worth $120,609,000 after buying an additional 596,359 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

NYSE DECK opened at $98.88 on Friday. The firm’s fifty day moving average price is $109.82 and its 200 day moving average price is $109.55. The company has a market capitalization of $14.67 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 3.87 and a beta of 1.05. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company’s revenue was up 16.9% on a year-over-year basis. During the same period last year, the firm posted $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, sell-side analysts forecast that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DECK shares. Wells Fargo & Company increased their target price on shares of Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Friday, July 25th. Barclays increased their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Sanford C. Bernstein started coverage on shares of Deckers Outdoor in a report on Thursday, September 18th. They set an “underperform” rating and a $100.00 target price on the stock. Evercore ISI increased their target price on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a report on Friday, July 25th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $136.26.

Insider Activity at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares of the company’s stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is owned by company insiders.

Deckers Outdoor Company 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.