Van Hulzen Asset Management LLC Acquires 48,057 Shares of Deckers Outdoor Corporation $DECK

Van Hulzen Asset Management LLC lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 347.2% in the second quarter, Holdings Channel.com reports. The fund owned 61,899 shares of the textile maker’s stock after purchasing an additional 48,057 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Deckers Outdoor were worth $6,380,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DECK. CVA Family Office LLC lifted its stake in Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after purchasing an additional 180 shares during the period. Cromwell Holdings LLC grew its position 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 acquiring an additional 429 shares during the period. Banque Transatlantique SA acquired a new stake in shares of Deckers Outdoor in the 1st quarter valued at $51,000. Manchester Capital Management LLC increased its position in shares of Deckers Outdoor by 344.5% during the 2nd quarter. Manchester Capital Management LLC now owns 649 shares of the textile maker’s stock worth $67,000 after purchasing an additional 503 shares in the last quarter. Finally, Costello Asset Management INC bought a new position in Deckers Outdoor during the 1st quarter valued at about $78,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of NYSE:DECK opened at $91.96 on Tuesday. The stock has a market cap of $13.40 billion, a price-to-earnings ratio of 13.62, a P/E/G ratio of 3.79 and a beta of 1.10. The company has a 50 day moving average of $92.19 and a 200-day moving average of $103.04. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98.

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

Insider Transactions at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor 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 transaction, the insider directly owned 34,020 shares of the company’s stock, valued at $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated 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 of the company’s stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

DECK has been the topic of several research analyst reports. Needham & Company LLC decreased their price objective on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Wells Fargo & Company reduced their price objective on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, October 24th. Bank of America raised their target price on Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday, September 25th. Barclays decreased their price objective on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a report on Monday, October 27th. Finally, Robert W. Baird dropped their target price on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, October 24th. Two investment 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, the stock presently has an average rating of “Hold” and a consensus price target of $117.58.

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.