Counterpoint Mutual Funds LLC Buys New Position in Deckers Outdoor Corporation $DECK

Counterpoint Mutual Funds LLC bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, HoldingsChannel reports. The institutional investor bought 5,932 shares of the textile maker’s stock, valued at approximately $594,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. World Investment Advisors acquired a new stake in Deckers Outdoor in the 1st quarter valued at about $369,000. New York State Teachers Retirement System boosted its position in shares of Deckers Outdoor by 2.0% during the 1st quarter. New York State Teachers Retirement System now owns 144,070 shares of the textile maker’s stock valued at $14,420,000 after purchasing an additional 2,798 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Deckers Outdoor by 12.7% in the 1st quarter. Private Advisor Group LLC now owns 12,817 shares of the textile maker’s stock worth $1,283,000 after purchasing an additional 1,447 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Deckers Outdoor in the 1st quarter worth approximately $9,827,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Deckers Outdoor by 50.6% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 95,150 shares of the textile maker’s stock worth $9,524,000 after purchasing an additional 31,950 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Trading Up 0.1%

NYSE DECK opened at $104.81 on Friday. The stock’s 50-day moving average price is $105.10 and its two-hundred day moving average price is $105.87. The company has a market cap of $14.56 billion, a PE ratio of 14.89, a PEG ratio of 2.07 and a beta of 1.17. Deckers Outdoor Corporation has a 1 year low of $78.91 and a 1 year high of $126.50.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm earned $1.00 earnings per share. The business’s quarterly revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Research analysts forecast that Deckers Outdoor Corporation will post 7.45 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on DECK shares. KeyCorp reissued a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Piper Sandler restated a “neutral” rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target on the stock. in a report on Friday, May 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus target price of $121.11.

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.