WINTON GROUP Ltd Grows Stock Position in Deckers Outdoor Corporation $DECK

WINTON GROUP Ltd grew its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 153.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 64,258 shares of the textile maker’s stock after buying an additional 38,921 shares during the period. WINTON GROUP Ltd’s holdings in Deckers Outdoor were worth $6,380,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DECK. Geneos Wealth Management Inc. lifted its stake in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC acquired a new position in Deckers Outdoor during the 4th quarter worth $30,000. Orion Capital Management LLC purchased a new stake in Deckers Outdoor during the 2nd quarter worth about $30,000. Rakuten Securities Inc. increased its holdings 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 purchasing an additional 100 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $35,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. BMO Capital Markets assumed coverage on Deckers Outdoor in a research note on Tuesday. They issued an “underperform” rating and a $70.00 price objective for the company. Truist Financial reduced their target price on shares of Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Wells Fargo & Company reiterated an “underweight” rating and issued a $85.00 price target on shares of Deckers Outdoor in a research note on Friday, July 24th. KGI Securities cut shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a report on Friday, May 22nd. Finally, Stifel Nicolaus set a $133.00 price objective on shares of Deckers Outdoor and gave the company a “buy” rating in a research report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and an average price target of $114.80.

Deckers Outdoor Price Performance

DECK stock opened at $79.81 on Friday. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 1.25 and a beta of 1.15. The company has a fifty day moving average price of $95.65 and a 200 day moving average price of $102.01. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $122.29.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. Deckers Outdoor’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, analysts anticipate that Deckers Outdoor Corporation will post 7.5 earnings per share for the current year.

About Deckers Outdoor

Deckers Outdoor Corporation (NYSE: DECK) designs, markets and distributes branded footwear, apparel and accessories. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, a performance and lifestyle footwear brand; Teva, which specializes in outdoor and adventure sandals and footwear; and Koolaburra by UGG, which offers accessible casual footwear and related products.

The company sells its products through department and specialty stores, independent retailers, digital commerce platforms and its own brand websites and retail stores.