Trillium Asset Management LLC Makes New $17.24 Million Investment in Deckers Outdoor Corporation $DECK

Trillium Asset Management LLC acquired a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 173,671 shares of the textile maker’s stock, valued at approximately $17,244,000.

A number of other large investors have also recently bought and sold shares of the company. Costello Asset Management INC boosted its stake in shares of Deckers Outdoor by 14.3% during the 1st quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock worth $80,000 after buying an additional 100 shares during the last quarter. Rakuten Securities Inc. increased its position in 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 buying an additional 100 shares during the period. Hilton Head Capital Partners LLC increased its position in Deckers Outdoor by 29.8% during the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock worth $44,000 after acquiring an additional 101 shares during the period. GW Henssler & Associates Ltd. increased its holdings in shares of Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock worth $224,000 after purchasing an additional 118 shares during the period. Finally, Cim LLC raised its holdings in Deckers Outdoor by 1.1% in the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after acquiring an additional 133 shares in the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Upgrades and Downgrades

DECK has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Friday, July 17th. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Argus set a $128.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 29th. Stifel Nicolaus set a $133.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Robert W. Baird reduced their price objective on shares of Deckers Outdoor from $125.00 to $115.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $117.16.

Deckers Outdoor Stock Performance

Shares of DECK stock opened at $88.70 on Friday. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 12.58, a P/E/G ratio of 1.70 and a beta of 1.17. The firm’s 50-day simple moving average is $101.62 and its two-hundred day simple moving average is $105.14. Deckers Outdoor Corporation has a 52 week low of $78.91 and a 52 week high of $125.45.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.Deckers Outdoor’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Analysts forecast that Deckers Outdoor Corporation will post 7.5 earnings per share for the current 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.