8,091 Shares in Deckers Outdoor Corporation $DECK Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 8,091 shares of the textile maker’s stock, valued at approximately $803,000.

Other institutional investors have also recently bought and sold shares of the company. Caitlin John LLC acquired a new position in shares of Deckers Outdoor during the 2nd quarter worth approximately $993,000. Equitable Holdings Inc. acquired a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $407,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $4,951,000. PenderFund Capital Management Ltd. bought a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $1,917,000. Finally, Redwood Investment Management LLC bought a new stake in shares of Deckers Outdoor in the second quarter valued at approximately $1,154,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Trading Up 0.2%

NYSE DECK opened at $87.90 on Monday. The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 12.47, a P/E/G ratio of 1.63 and a beta of 1.17. The firm’s 50 day simple moving average is $99.12 and its 200 day simple moving average is $104.10. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $125.45.

Deckers Outdoor (NYSE:DECK) last announced 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. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s revenue was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, equities research analysts forecast that Deckers Outdoor Corporation will post 7.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on DECK. Truist Financial lowered their price objective on Deckers Outdoor from $125.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a research report on Friday, July 24th. KGI Securities lowered Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 target price on the stock. in a report on Friday, May 22nd. Stifel Nicolaus set a $133.00 target price on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $85.00 price target on shares of Deckers Outdoor in a research report on Friday, July 24th. Nine investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus target price of $117.16.

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.