Deckers Outdoor Corporation $DECK Stock Holdings Increased by CIBC Asset Management Inc

CIBC Asset Management Inc boosted its position in Deckers Outdoor Corporation (NYSE:DECK) by 64.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 34,674 shares of the textile maker’s stock after buying an additional 13,535 shares during the period. CIBC Asset Management Inc’s holdings in Deckers Outdoor were worth $3,595,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DECK. Geneos Wealth Management Inc. increased its holdings in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the last quarter. Elyxium Wealth LLC bought a new stake in Deckers Outdoor in the fourth quarter valued at about $30,000. Rakuten Securities Inc. increased its holdings in Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. Activest Wealth Management increased its holdings in Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after buying an additional 245 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in Deckers Outdoor in the fourth quarter valued at about $40,000. 97.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DECK has been the subject of several research analyst reports. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a report on Friday, May 22nd. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Argus set a $128.00 price objective on Deckers Outdoor in a report on Friday, May 29th. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a report on Thursday, April 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $138.00 target price on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $121.11.

Deckers Outdoor Trading Up 0.0%

NYSE:DECK opened at $108.15 on Monday. The firm has a market capitalization of $15.02 billion, a PE ratio of 15.36, a price-to-earnings-growth ratio of 2.14 and a beta of 1.16. The stock has a 50 day moving average of $103.90 and a 200-day moving average of $103.83. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $126.50.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business’s revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, analysts predict that Deckers Outdoor Corporation will post 7.44 EPS for the current fiscal year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.