K.J. Harrison & Partners Inc Acquires Shares of 6,000 Deckers Outdoor Corporation $DECK

K.J. Harrison & Partners Inc bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,000 shares of the textile maker’s stock, valued at approximately $601,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Rakuten Securities Inc. increased its position in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Hilton Head Capital Partners LLC lifted its position in Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after acquiring an additional 101 shares during the period. GW Henssler & Associates Ltd. lifted its position in Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after acquiring an additional 118 shares during the period. Perennial Investment Advisors LLC grew its stake in shares of Deckers Outdoor by 5.4% in the 3rd quarter. Perennial Investment Advisors LLC now owns 2,709 shares of the textile maker’s stock valued at $275,000 after purchasing an additional 138 shares during the last quarter. Finally, waypoint wealth counsel increased its holdings in shares of Deckers Outdoor by 5.3% in the first quarter. waypoint wealth counsel now owns 2,938 shares of the textile maker’s stock valued at $294,000 after purchasing an additional 148 shares during the period. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 0.1%

NYSE:DECK opened at $104.81 on Monday. The firm’s fifty day simple moving average is $105.10 and its 200-day simple moving average is $105.89. The stock has a market cap of $14.56 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 2.07 and a beta of 1.17. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week 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, beating the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on DECK. Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a report on Friday, May 22nd. KGI Securities downgraded shares of 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. Raymond James Financial cut shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research note on Thursday, April 23rd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 target price on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.