MBL Wealth LLC Buys New Holdings in Deckers Outdoor Corporation $DECK

MBL Wealth LLC bought a new position in Deckers Outdoor Corporation (NYSE:DECK) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,615 shares of the textile maker’s stock, valued at approximately $673,000.

A number of other large investors have also added to or reduced their stakes in the stock. Costello Asset Management INC lifted its holdings in shares of Deckers Outdoor by 14.3% during the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after buying an additional 100 shares during the period. Cim LLC grew its holdings in shares of Deckers Outdoor by 1.1% in the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock worth $1,222,000 after acquiring an additional 133 shares during the period. Resonant Capital Advisors LLC grew its holdings in shares of Deckers Outdoor by 3.4% in the first quarter. Resonant Capital Advisors LLC now owns 4,250 shares of the textile maker’s stock worth $425,000 after acquiring an additional 138 shares during the period. Tema ETFs LLC grew its holdings in shares of Deckers Outdoor by 5.6% in the second quarter. Tema ETFs LLC now owns 2,734 shares of the textile maker’s stock worth $271,000 after acquiring an additional 145 shares during the period. Finally, waypoint wealth counsel increased its position in Deckers Outdoor by 5.3% during the first quarter. waypoint wealth counsel now owns 2,938 shares of the textile maker’s stock valued at $294,000 after acquiring an additional 148 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on DECK shares. UBS Group set a $137.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research report on Friday. Weiss Ratings cut Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, September 3rd. Bank of America cut their price target on Deckers Outdoor from $115.00 to $105.00 in a research note on Friday, July 24th. Wells Fargo & Company set a $70.00 price target on shares of Deckers Outdoor and gave the company an “underweight” rating in a research report on Friday. Finally, BNP Paribas Exane reduced their price target on shares of Deckers Outdoor from $184.00 to $122.00 and set an “outperform” rating for the company in a research report on Friday. Eleven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $105.79.

Deckers Outdoor News Roundup

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

• Positive Sentiment: Deckers reported fiscal second-quarter EPS well above consensus, supported by stronger-than-expected margins. Revenue rose roughly 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% and wholesale sales grew 9%. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company’s fiscal 2027 EPS outlook of $7.80 to $7.95 is above the consensus estimate of $7.52, indicating that disciplined pricing and margin management remain supportive of profitability. Deckers Projects Fiscal 2027 Guidance
• Neutral Sentiment: Some analysts still see substantial upside and retained positive ratings: BNP Paribas Exane maintained “outperform,” while Stifel and Needham maintained “buy” ratings. However, their price targets were reduced, reflecting more cautious assumptions. Stifel Analyst Recommendation
• Negative Sentiment: Fiscal 2027 revenue guidance was cut to $5.70 billion–$5.725 billion from expectations near $5.9 billion. Management cited softer direct-to-consumer demand, logistics issues, higher promotions and slower HOKA and UGG growth. Deckers Cuts Sales Outlook Amid Slower HOKA and UGG Growth
• Negative Sentiment: The revenue miss and reduced outlook triggered broad analyst target cuts, including Piper Sandler’s downgrade to “underweight” with a $75 target. Jefferies, Evercore, Raymond James, Truist and others also lowered targets, signaling concern that premium footwear growth may be losing momentum amid aggressive industry discounting. Piper Sandler Downgrades Deckers Outdoor

Deckers Outdoor Trading Down 5.0%

Deckers Outdoor stock traded down $4.28 during trading on Friday, reaching $81.00. The company had a trading volume of 9,297,696 shares, compared to its average volume of 3,223,367. The firm has a market capitalization of $11.04 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 1.32 and a beta of 1.12. The firm’s 50-day simple moving average is $83.43 and its 200 day simple moving average is $96.89. Deckers Outdoor Corporation has a 52 week low of $77.20 and a 52 week high of $122.29.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.78% and a net margin of 19.18%. The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. Deckers Outdoor’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, analysts predict that Deckers Outdoor Corporation will post 7.50 earnings per share for the current year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.