Private Wealth Advisors LLC Purchases Shares of 46,670 Deckers Outdoor Corporation $DECK

Private Wealth Advisors LLC acquired a new stake in Deckers Outdoor Corporation (NYSE:DECK) in the second quarter, HoldingsChannel reports. The fund acquired 46,670 shares of the textile maker’s stock, valued at approximately $4,634,000. Deckers Outdoor comprises 1.2% of Private Wealth Advisors LLC’s holdings, making the stock its 14th largest position.

Several other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. raised its holdings in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC bought a new position in Deckers Outdoor during the fourth quarter worth about $30,000. Rakuten Securities Inc. grew its holdings in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares during the period. Activest Wealth Management grew its holdings in Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after purchasing an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new position in Deckers Outdoor during the fourth quarter worth approximately $35,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have issued reports on DECK shares. Argus set a $128.00 price objective on Deckers Outdoor in a research note on Friday, May 29th. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research note on Thursday, April 23rd. UBS Group reissued a “buy” rating on shares of Deckers Outdoor in a report on Friday, July 24th. Sanford C. Bernstein restated a “market perform” rating and issued a $105.00 price target on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, Needham & Company LLC cut their price target on Deckers Outdoor from $138.00 to $125.00 and set a “buy” rating for the company in a report on Friday, July 24th. Nine 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.com, the stock presently has an average rating of “Hold” and an average price target of $117.16.

Deckers Outdoor Stock Down 0.3%

Deckers Outdoor stock opened at $92.85 on Monday. The stock has a market cap of $12.64 billion, a P/E ratio of 13.17, a P/E/G ratio of 1.73 and a beta of 1.17. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $125.45. The company’s 50-day moving average price is $103.37 and its two-hundred day moving average price is $105.54.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data 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 net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the business posted $0.93 earnings per share. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Equities analysts anticipate that Deckers Outdoor Corporation will post 7.5 earnings per share for the current fiscal 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.