Banque Cantonale Vaudoise Has $1.08 Million Stock Position in Deckers Outdoor Corporation $DECK

Banque Cantonale Vaudoise cut its position in Deckers Outdoor Corporation (NYSE:DECK) by 36.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,797 shares of the textile maker’s stock after selling 6,071 shares during the period. Banque Cantonale Vaudoise’s holdings in Deckers Outdoor were worth $1,081,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DECK. Federated Hermes Inc. raised its stake in shares of Deckers Outdoor by 374.1% in the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after acquiring an additional 2,485,338 shares during the last quarter. Invesco Ltd. grew its position in Deckers Outdoor by 0.5% during the 4th quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker’s stock worth $285,380,000 after acquiring an additional 12,350 shares during the last quarter. AQR Capital Management LLC increased its holdings in Deckers Outdoor by 340.5% during the 4th quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after purchasing an additional 2,035,517 shares in the last quarter. Norges Bank acquired a new stake in Deckers Outdoor during the 4th quarter valued at $252,729,000. Finally, Northern Trust Corp raised its position in Deckers Outdoor by 3.1% in the 4th quarter. Northern Trust Corp now owns 1,774,448 shares of the textile maker’s stock valued at $183,957,000 after purchasing an additional 52,906 shares during the last quarter. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Stock Up 1.9%

Deckers Outdoor stock opened at $104.51 on Friday. The business’s 50-day simple moving average is $105.88 and its 200 day simple moving average is $105.84. The stock has a market cap of $14.51 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 2.07 and a beta of 1.16. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The firm 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 company’s revenue was up 9.5% on a year-over-year basis. During the same period last 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, sell-side analysts expect that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

Wall Street Analyst Weigh In

DECK has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $144.00 price objective on Deckers Outdoor in a research note on Friday, May 29th. KGI Securities cut 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. KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, May 22nd. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and decreased their price objective for the stock from $115.00 to $90.00 in a report on Friday, May 8th. Finally, Raymond James Financial cut shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price objective for the company. in a research report on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $121.11.

About Deckers Outdoor

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.