Deckers Outdoor Corporation $DECK Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 50.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,150 shares of the textile maker’s stock after purchasing an additional 31,950 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.07% of Deckers Outdoor worth $9,524,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several research firms have issued reports on DECK. Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a report on Friday, May 29th. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Sanford C. Bernstein restated a “market perform” rating and set a $105.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Barclays reaffirmed an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $138.00 price objective on shares of Deckers Outdoor in a 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Stock Performance

NYSE DECK opened at $104.81 on Friday. The business has a fifty day moving average price of $105.10 and a 200 day moving average price of $105.87. The company has a market cap of $14.56 billion, a P/E ratio of 14.89, a P/E/G ratio of 2.07 and a beta of 1.17. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50.

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

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.