Segall Bryant & Hamill LLC Purchases New Stake in Deckers Outdoor Corporation $DECK

Segall Bryant & Hamill LLC acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 67,761 shares of the textile maker’s stock, valued at approximately $6,984,000.

A number of other large investors also recently added to or reduced their stakes in the business. CVA Family Office LLC boosted its stake in shares of Deckers Outdoor by 137.4% in the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 180 shares during the last quarter. Cromwell Holdings LLC lifted its holdings in Deckers Outdoor by 4,766.7% in the second quarter. Cromwell Holdings LLC now owns 438 shares of the textile maker’s stock valued at $45,000 after buying an additional 429 shares during the period. Banque Transatlantique SA bought a new position in Deckers Outdoor in the first quarter valued at approximately $51,000. Costello Asset Management INC acquired a new stake in Deckers Outdoor during the 1st quarter worth $78,000. Finally, Whittier Trust Co. raised its position in shares of Deckers Outdoor by 187.3% during the 2nd quarter. Whittier Trust Co. now owns 767 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 500 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Bank of America raised their price target on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Citigroup cut their target price on Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Needham & Company LLC decreased their target price on Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating for the company in a research report on Friday, October 24th. The Goldman Sachs Group lowered their price target on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a research note on Friday, October 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Deckers Outdoor presently has an average rating of “Hold” and a consensus price target of $117.58.

Insider Activity at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares of the company’s stock, valued at $2,770,929. This represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is owned by corporate insiders.

Deckers Outdoor Price Performance

Shares of Deckers Outdoor stock opened at $85.05 on Monday. The company has a market capitalization of $12.40 billion, a P/E ratio of 12.60, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10. The business has a 50-day moving average of $95.70 and a two-hundred day moving average of $104.68. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the business posted $1.59 EPS. Deckers Outdoor’s revenue for the quarter was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities analysts anticipate that Deckers Outdoor Corporation will post 5.89 EPS for the current fiscal year.

About Deckers Outdoor

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.