AEGON ASSET MANAGEMENT UK Plc Purchases Shares of 17,900 Deckers Outdoor Corporation $DECK

AEGON ASSET MANAGEMENT UK Plc purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,900 shares of the textile maker’s stock, valued at approximately $1,791,000.

A number of other hedge funds have also recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new position in shares of Deckers Outdoor during the 4th quarter valued at $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Deckers Outdoor by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after buying an additional 522 shares during the period. Empowered Funds LLC boosted its position in Deckers Outdoor by 165.6% during the first quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after buying an additional 6,384 shares during the period. Focus Partners Wealth grew its stake in shares of Deckers Outdoor by 8.1% during the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after buying an additional 521 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Deckers Outdoor by 163.2% during the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after buying an additional 6,391 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Trading Down 0.1%

DECK stock opened at $109.04 on Friday. The stock has a market capitalization of $15.14 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 2.16 and a beta of 1.16. The firm’s 50-day moving average price is $106.29 and its two-hundred day moving average price is $105.51. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50.

Deckers Outdoor (NYSE:DECK) last posted its 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 company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. Deckers Outdoor’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts predict that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and issued a $138.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Wells Fargo & Company cut Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $115.00 to $90.00 in a report on Friday, May 8th. Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a research report on Friday, May 22nd. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a research report on Friday, May 22nd. Finally, Truist Financial set a $125.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $121.11.

Deckers Outdoor 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.