Talon Private Wealth LLC Acquires New Holdings in Deckers Outdoor Corporation $DECK

Talon Private Wealth LLC bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,226 shares of the textile maker’s stock, valued at approximately $623,000.

Several other institutional investors and hedge funds have also bought and sold shares of DECK. Revolve Wealth Partners LLC bought a new position in Deckers Outdoor in the 4th quarter valued at $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Deckers Outdoor by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after purchasing an additional 522 shares during the period. Empowered Funds LLC increased its holdings in shares of Deckers Outdoor by 165.6% in the first quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after purchasing an additional 6,384 shares during the period. Focus Partners Wealth increased its holdings in shares of Deckers Outdoor by 8.1% in the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after purchasing an additional 521 shares during the period. Finally, Marshall Wace LLP raised its position in shares of Deckers Outdoor by 163.2% in the second quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after buying an additional 6,391 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DECK has been the subject of several research analyst reports. KGI Securities lowered Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a research note on Friday, May 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday, July 17th. Barclays set a $133.00 price target on Deckers Outdoor and gave the company an “overweight” rating in a report on Friday, July 24th. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a research report on Thursday, April 23rd. Finally, Stifel Nicolaus set a $133.00 price objective on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, July 24th. Nine equities 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’s stock. Based on data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and a consensus target price of $117.16.

Deckers Outdoor Trading Down 0.4%

Shares of NYSE DECK opened at $103.50 on Thursday. The stock has a market cap of $14.09 billion, a price-to-earnings ratio of 14.68, a P/E/G ratio of 1.93 and a beta of 1.17. Deckers Outdoor Corporation has a 1-year low of $78.91 and a 1-year high of $125.45. The stock’s 50-day moving average is $106.50 and its 200 day moving average is $105.94.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The business had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm earned $0.93 earnings per share. Deckers Outdoor’s revenue for the quarter 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, analysts forecast that Deckers Outdoor Corporation will post 7.49 EPS for the current fiscal year.

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.