Deckers Outdoor Corporation $DECK Shares Acquired by National Pension Service

National Pension Service lifted its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 37.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,311 shares of the textile maker’s stock after acquiring an additional 15,717 shares during the period. National Pension Service’s holdings in Deckers Outdoor were worth $5,810,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DECK. Winnow Wealth LLC acquired a new position in Deckers Outdoor in the third quarter valued at approximately $798,000. Townsquare Capital LLC lifted its position in shares of Deckers Outdoor by 48.8% during the 3rd quarter. Townsquare Capital LLC now owns 11,956 shares of the textile maker’s stock worth $1,212,000 after buying an additional 3,921 shares during the last quarter. Summit Global Investments acquired a new position in shares of Deckers Outdoor in the 3rd quarter valued at $935,000. MTM Investment Management LLC grew its position in shares of Deckers Outdoor by 228.3% in the 3rd quarter. MTM Investment Management LLC now owns 20,399 shares of the textile maker’s stock valued at $2,068,000 after buying an additional 14,186 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Deckers Outdoor by 20.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,102 shares of the textile maker’s stock valued at $2,545,000 after buying an additional 4,313 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $113.17 on Wednesday. The stock has a fifty day moving average price of $101.40 and a 200 day moving average price of $101.75. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $177.64. The company has a market cap of $16.49 billion, a PE ratio of 15.99, a P/E/G ratio of 2.65 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, January 29th. The textile maker reported $3.33 EPS for the quarter, topping analysts’ consensus estimates of $2.77 by $0.56. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.87 billion. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. Deckers Outdoor’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.00 EPS. Analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current fiscal year.

Key Stories Impacting Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Record quarter raised outlook: Deckers reported a strong quarter, raised its outlook and highlighted robust brand performance (HOKA, UGG), supporting earnings momentum and analyst upgrades. Deckers Outdoor Record Quarter Raises Outlook And Puts Valuation In Focus
• Positive Sentiment: Analyst support: A published note raised DECK’s price target to $140, signaling bullish analyst conviction that helps underpin the stock. Deckers Outdoor (NYSE:DECK) Price Target Raised to $140.00
• Positive Sentiment: Investor upgrades: A Seeking Alpha contributor upgraded DECK from Hold to Buy, citing record results and strong HOKA/UGG sales as reasons to increase exposure. Deckers Outdoor: The Reasons Why I Upgrade From Hold To Buy
• Positive Sentiment: Technical breakout: Multiple Zacks pieces note DECK recently crossed above its 20-, 50- and 200-day moving averages — a technically bullish setup that can attract momentum buyers. Deckers (DECK) Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Peer/value context: Coverage compares DECK to other retail/apparel names (Gap, Dollar General) to assess relative value — useful for longer-term allocation though less likely to move the stock near-term. GAP vs. DECK: Which Stock Is the Better Value Option?
• Neutral Sentiment: Trending/attention: Zacks and other screeners list DECK among most-searched/trending stocks and highlight it in value/idea roundups — raises visibility but is informational rather than a fundamental catalyst. Here is What to Know Beyond Why Deckers Outdoor Corporation (DECK) is a Trending Stock
• Negative Sentiment: Valuation scrutiny and profit-taking: Coverage notes the quarter put valuation in focus; combined with a prior run-up, that scrutiny likely prompted today’s selling and higher-than-average volume as investors locked gains. Deckers Outdoor Record Quarter Raises Outlook And Puts Valuation In Focus

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Citigroup restated a “buy” rating and issued a $130.00 price objective (up previously from $120.00) on shares of Deckers Outdoor in a research note on Thursday, January 15th. BTIG Research reissued a “neutral” rating on shares of Deckers Outdoor in a report on Friday. Truist Financial set a $132.00 price target on Deckers Outdoor in a research note on Friday. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Robert W. Baird downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 7th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $125.20.

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.