Deckers Outdoor Corporation $DECK Shares Purchased by Burney Co.

Burney Co. boosted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 155.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,387 shares of the textile maker’s stock after acquiring an additional 11,185 shares during the quarter. Burney Co.’s holdings in Deckers Outdoor were worth $1,840,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. grew its holdings in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC purchased a new position in Deckers Outdoor during the fourth quarter worth about $30,000. Rakuten Securities Inc. increased its position in shares of Deckers Outdoor by 45.5% during the second 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 last quarter. Activest Wealth Management increased its position in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Up 0.5%

Deckers Outdoor stock opened at $106.19 on Wednesday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $126.50. The firm has a market cap of $14.75 billion, a PE ratio of 15.08, a price-to-earnings-growth ratio of 2.09 and a beta of 1.17. The company’s 50 day moving average is $105.01 and its two-hundred day moving average is $105.92.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data 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 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 quarter in the prior year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities research analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on DECK. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Truist Financial set a $125.00 target price on Deckers Outdoor and gave the company a “buy” rating in a research report on Friday, May 22nd. Stifel Nicolaus set a $144.00 price target on Deckers Outdoor in a research report on Friday, May 29th. Zacks Research cut Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Nine equities 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. According to data from MarketBeat.com, Deckers Outdoor presently has an average 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.