Auxier Asset Management LLC Raises Position in Deckers Outdoor Corporation $DECK

Auxier Asset Management LLC grew its holdings in shares of Deckers Outdoor Corporation (NYSE:DECK) by 231.2% during the fourth quarter, HoldingsChannel reports. The firm owned 6,862 shares of the textile maker’s stock after purchasing an additional 4,790 shares during the quarter. Auxier Asset Management LLC’s holdings in Deckers Outdoor were worth $711,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. raised its position in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter valued at about $30,000. Rakuten Securities Inc. grew its stake in Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Activest Wealth Management grew its stake in Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after purchasing an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in Deckers Outdoor in the fourth quarter worth about $35,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DECK has been the topic of a number of recent research reports. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a report on Thursday, June 11th. UBS Group boosted their target price on Deckers Outdoor from $145.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price on the stock. in a report on Friday, May 22nd. Zacks Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Barclays restated an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research report on Tuesday, May 26th. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and an average price target of $121.11.

Deckers Outdoor Stock Down 3.9%

Deckers Outdoor stock opened at $105.90 on Thursday. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50. The company’s fifty day simple moving average is $106.06 and its 200-day simple moving average is $105.33. The stock has a market cap of $14.71 billion, a P/E ratio of 15.04, a P/E/G ratio of 2.18 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the business earned $1.00 EPS. Deckers Outdoor’s quarterly revenue was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities research analysts expect that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Deckers Outdoor Company Profile

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.