Robeco Schweiz AG reduced its stake in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 37.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 11,026 shares of the textile maker’s stock after selling 6,614 shares during the period. Robeco Schweiz AG’s holdings in Deckers Outdoor were worth $862,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Signaturefd LLC raised its position in Deckers Outdoor by 45.8% in the third quarter. Signaturefd LLC now owns 2,654 shares of the textile maker’s stock worth $207,000 after acquiring an additional 834 shares during the period. Citizens Financial Group Inc. RI purchased a new position in Deckers Outdoor in the third quarter valued at about $1,014,000. Fifth Third Wealth Advisors LLC grew its position in shares of Deckers Outdoor by 31.5% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 4,183 shares of the textile maker’s stock valued at $327,000 after acquiring an additional 1,003 shares during the period. Yousif Capital Management LLC grew its position in shares of Deckers Outdoor by 3.7% during the 3rd quarter. Yousif Capital Management LLC now owns 15,594 shares of the textile maker’s stock valued at $1,219,000 after acquiring an additional 550 shares during the period. Finally, MBL Wealth LLC bought a new position in shares of Deckers Outdoor during the 3rd quarter valued at approximately $673,000. 97.79% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the stock. Telsey Advisory Group restated a “market perform” rating and set a $90.00 price target (down from $105.00) on shares of Deckers Outdoor in a research note on Friday. Stifel Nicolaus dropped their price objective on Deckers Outdoor from $133.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday. Weiss Ratings downgraded Deckers Outdoor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, September 3rd. Barclays set a $100.00 price objective on Deckers Outdoor in a report on Friday. Finally, BNP Paribas Exane decreased their target price on Deckers Outdoor from $184.00 to $122.00 and set an “outperform” rating for the company in a research report on Friday. Eleven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus price target of $105.79.
Read Our Latest Stock Report on Deckers Outdoor
Deckers Outdoor Stock Performance
Shares of DECK opened at $81.00 on Monday. The stock’s 50-day simple moving average is $83.43 and its 200 day simple moving average is $96.85. The stock has a market capitalization of $11.04 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 1.21 and a beta of 1.12. Deckers Outdoor Corporation has a 52-week low of $77.20 and a 52-week high of $122.29.
Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a return on equity of 42.42% and a net margin of 19.18%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. On average, research analysts forecast that Deckers Outdoor Corporation will post 7.78 earnings per share for the current fiscal year.
Trending Headlines about Deckers Outdoor
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 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.
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