Edmond DE Rothschild Holding S.A. Acquires New Shares in Deckers Outdoor Corporation $DECK

Edmond DE Rothschild Holding S.A. acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,582 shares of the textile maker’s stock, valued at approximately $1,051,000.

Other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Deckers Outdoor during the 4th quarter worth about $30,000. Rakuten Securities Inc. boosted its stake in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares in the last quarter. Activest Wealth Management boosted its stake in shares of Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after acquiring an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Deckers Outdoor during the 4th quarter valued at about $35,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on DECK shares. Argus set a $128.00 price objective on Deckers Outdoor in a research note on Friday, May 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, July 24th. Telsey Advisory Group lowered their price target on Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, July 24th. Barclays set a $133.00 price target on shares of Deckers Outdoor and gave the company an “overweight” rating in a research report on Friday, July 24th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $117.16.

Deckers Outdoor Stock Performance

NYSE DECK opened at $88.70 on Friday. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $125.45. The stock has a market capitalization of $12.08 billion, a PE ratio of 12.58, a P/E/G ratio of 1.70 and a beta of 1.17. The stock has a 50-day simple moving average of $101.62 and a 200 day simple moving average of $105.14.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities research analysts forecast that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.

About Deckers Outdoor

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.