Deckers Outdoor Corporation $DECK Shares Purchased by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Deckers Outdoor Corporation (NYSE:DECK) by 44.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 74,549 shares of the textile maker’s stock after purchasing an additional 22,810 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Deckers Outdoor were worth $7,462,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Deckers Outdoor by 255.6% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 112,974 shares of the textile maker’s stock valued at $11,304,000 after buying an additional 81,200 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in Deckers Outdoor by 4.8% in the 1st quarter. Sanctuary Advisors LLC now owns 9,285 shares of the textile maker’s stock worth $929,000 after acquiring an additional 428 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Deckers Outdoor by 11.1% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,385 shares of the textile maker’s stock valued at $239,000 after acquiring an additional 238 shares in the last quarter. TFR Capital LLC. boosted its stake in shares of Deckers Outdoor by 3.9% in the first quarter. TFR Capital LLC. now owns 4,200 shares of the textile maker’s stock valued at $420,000 after purchasing an additional 156 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Deckers Outdoor by 12.7% during the 1st quarter. Principal Financial Group Inc. now owns 211,358 shares of the textile maker’s stock valued at $21,155,000 after purchasing an additional 23,827 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Price Performance

NYSE:DECK opened at $106.70 on Thursday. Deckers Outdoor Corporation has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The stock has a market cap of $14.82 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 2.11 and a beta of 1.17. The stock’s 50-day moving average is $105.30 and its two-hundred day moving average is $106.13.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the company posted $1.00 EPS. Deckers Outdoor’s 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. On average, equities research analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Wells Fargo & Company lowered Deckers Outdoor from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $115.00 to $90.00 in a research report on Friday, May 8th. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Monday, April 20th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Truist Financial set a $125.00 price target on Deckers Outdoor and gave the company a “buy” rating in a research report on Friday, May 22nd. Nine 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. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Hold” and a consensus target price of $121.11.

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.