Segment Wealth Management LLC Acquires Shares of 9,886 Deckers Outdoor Corporation $DECK

Segment Wealth Management LLC acquired a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) in the third quarter, Holdings Channel reports. The fund acquired 9,886 shares of the textile maker’s stock, valued at approximately $1,002,000.

Other institutional investors have also modified their holdings of the company. Trillium Asset Management LLC increased its stake in shares of Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock worth $19,428,000 after acquiring an additional 41,325 shares during the period. OFI Invest Asset Management lifted its position in Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after purchasing an additional 87,834 shares during the period. Bank of Montreal Can boosted its holdings in Deckers Outdoor by 37.9% in the 2nd quarter. Bank of Montreal Can now owns 188,873 shares of the textile maker’s stock valued at $19,467,000 after purchasing an additional 51,914 shares in the last quarter. Axiom Investors LLC DE increased its position in Deckers Outdoor by 114.1% during the 1st quarter. Axiom Investors LLC DE now owns 488,594 shares of the textile maker’s stock worth $54,630,000 after purchasing an additional 260,417 shares during the period. Finally, KLP Kapitalforvaltning AS raised its stake in shares of Deckers Outdoor by 8.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 146,500 shares of the textile maker’s stock worth $15,100,000 after buying an additional 11,400 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

DECK stock opened at $105.03 on Wednesday. The stock has a market capitalization of $15.31 billion, a P/E ratio of 15.56, a PEG ratio of 4.68 and a beta of 1.19. The company has a 50 day moving average price of $91.68 and a two-hundred day moving average price of $101.49. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $223.98.

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

Wall Street Analyst Weigh In

DECK has been the topic of a number of analyst reports. The Goldman Sachs Group decreased their price target 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. Wells Fargo & Company reduced their target price on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, October 24th. Citigroup lowered their price target on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Robert W. Baird cut 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. Finally, Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Two 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $117.58.

Insider Buying and Selling at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction dated Friday, October 31st. The stock was 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 in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.40% of the company’s stock.

Deckers Outdoor 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.