Petrus Trust Company LTA Acquires New Position in Deckers Outdoor Corporation $DECK

Petrus Trust Company LTA bought a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 1,839 shares of the textile maker’s stock, valued at approximately $206,000.

Several other institutional investors also recently made changes to their positions in the stock. Horizon Investments LLC lifted its position in Deckers Outdoor by 4.6% in the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after purchasing an additional 96 shares during the period. Cumberland Partners Ltd lifted its position in Deckers Outdoor by 0.4% in the first quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock worth $3,130,000 after purchasing an additional 98 shares during the period. Mpwm Advisory Solutions LLC acquired a new stake in Deckers Outdoor in the fourth quarter worth approximately $26,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Deckers Outdoor by 0.8% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,106 shares of the textile maker’s stock worth $1,913,000 after purchasing an additional 140 shares during the period. Finally, Captrust Financial Advisors lifted its position in Deckers Outdoor by 1.9% in the fourth quarter. Captrust Financial Advisors now owns 7,505 shares of the textile maker’s stock worth $1,524,000 after purchasing an additional 143 shares during the period. 97.79% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction 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 completion of the sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by insiders.

Deckers Outdoor Stock Down 1.5%

DECK opened at $115.41 on Wednesday. The stock has a fifty day moving average of $108.21 and a 200-day moving average of $112.28. The firm has a market capitalization of $17.12 billion, a P/E ratio of 17.70, a PEG ratio of 4.42 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 released its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.25. The company had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.52 earnings per share. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, analysts expect that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Deckers Outdoor declared that its board has authorized a share buyback program on Thursday, May 22nd that authorizes the company to repurchase $2.25 billion in outstanding shares. This repurchase authorization authorizes the textile maker to purchase up to 11.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DECK. KeyCorp restated a “sector weight” rating and issued a $150.00 target price on shares of Deckers Outdoor in a research report on Friday, May 23rd. Needham & Company LLC reiterated a “buy” rating and set a $128.00 price objective (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd. Barclays increased their price objective on Deckers Outdoor from $128.00 to $134.00 and gave the company an “overweight” rating in a research report on Friday, July 25th. UBS Group increased their price objective on Deckers Outdoor from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Finally, Bank of America cut their price objective on Deckers Outdoor from $128.00 to $114.00 and set a “neutral” rating for the company in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $137.50.

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.