Auxier Asset Management LLC Grows Stock Position in Deckers Outdoor Corporation $DECK

Auxier Asset Management LLC grew its position in Deckers Outdoor Corporation (NYSE:DECK) by 231.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,862 shares of the textile maker’s stock after acquiring an additional 4,790 shares during the quarter. Auxier Asset Management LLC’s holdings in Deckers Outdoor were worth $711,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Freestone Grove Partners LP purchased a new position in Deckers Outdoor during the fourth quarter worth approximately $537,000. AQR Capital Management LLC grew its stake in shares of Deckers Outdoor by 340.5% in the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after buying an additional 2,035,517 shares in the last quarter. EFG International AG acquired a new stake in shares of Deckers Outdoor in the fourth quarter valued at $6,844,000. Cetera Investment Advisers grew its stake in shares of Deckers Outdoor by 8.9% in the fourth quarter. Cetera Investment Advisers now owns 34,195 shares of the textile maker’s stock valued at $3,545,000 after buying an additional 2,782 shares in the last quarter. Finally, Laird Norton Wetherby Trust Company LLC acquired a new stake in shares of Deckers Outdoor in the fourth quarter valued at $423,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on DECK. UBS Group boosted their target price on Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $105.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Stifel Nicolaus set a $144.00 target price on Deckers Outdoor in a report on Friday, May 29th. Needham & Company LLC restated a “buy” rating and issued a $138.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Finally, Truist Financial set a $125.00 price target on Deckers Outdoor and gave the company a “buy” rating in a research report on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Price Performance

DECK opened at $105.90 on Thursday. The stock has a market cap of $14.71 billion, a P/E ratio of 15.04, a P/E/G ratio of 2.18 and a beta of 1.16. The stock’s 50 day simple moving average is $106.06 and its 200 day simple moving average is $105.33. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $126.50.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Research analysts expect that Deckers Outdoor Corporation will post 7.45 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.