Epoch Investment Partners Inc. Boosts Stock Position in Deckers Outdoor Corporation $DECK

Epoch Investment Partners Inc. grew its holdings in Deckers Outdoor Corporation (NYSE:DECK) by 35.8% during the second quarter, HoldingsChannel.com reports. The firm owned 1,150,318 shares of the textile maker’s stock after acquiring an additional 303,270 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Deckers Outdoor were worth $118,563,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Deckers Outdoor by 0.6% in the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after purchasing an additional 107,635 shares during the last quarter. Geode Capital Management LLC boosted its position in Deckers Outdoor by 2.7% in the 2nd quarter. Geode Capital Management LLC now owns 4,427,639 shares of the textile maker’s stock valued at $454,662,000 after buying an additional 114,779 shares during the period. Invesco Ltd. boosted its position in Deckers Outdoor by 19.4% in the 2nd quarter. Invesco Ltd. now owns 2,781,218 shares of the textile maker’s stock valued at $286,660,000 after buying an additional 452,081 shares during the period. Norges Bank bought a new position in Deckers Outdoor in the 2nd quarter worth about $223,036,000. Finally, Northern Trust Corp increased its position in shares of Deckers Outdoor by 6.2% during the first quarter. Northern Trust Corp now owns 1,680,558 shares of the textile maker’s stock worth $187,903,000 after acquiring an additional 98,856 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Price Performance

DECK opened at $96.18 on Friday. The firm has a market capitalization of $14.02 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 4.28 and a beta of 1.19. The business’s 50-day moving average is $91.26 and its two-hundred day moving average is $102.68. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $223.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period last year, the business earned $1.59 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, sell-side analysts expect that Deckers Outdoor Corporation will post 5.89 EPS for the current year.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the transaction, the insider directly owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. The trade was a 4.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

DECK has been the topic of several research analyst reports. The Goldman Sachs Group dropped their price objective on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a research note on Friday, October 24th. KeyCorp upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Citigroup lowered their price objective on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, October 24th. TD Cowen dropped their target price on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Finally, Robert W. Baird reduced their price target on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $117.58.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.