Swedbank AB Boosts Stock Position in Birkenstock Holding PLC $BIRK

Swedbank AB grew its stake in Birkenstock Holding PLC (NYSE:BIRK) by 25.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,500,000 shares of the company’s stock after acquiring an additional 300,000 shares during the quarter. Swedbank AB’s holdings in Birkenstock were worth $61,350,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Morse Asset Management Inc purchased a new stake in shares of Birkenstock in the third quarter valued at approximately $28,000. Activest Wealth Management grew its position in Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after acquiring an additional 775 shares during the period. Quarry LP grew its position in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after acquiring an additional 492 shares during the period. NewEdge Advisors LLC grew its position in Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after acquiring an additional 488 shares during the period. Finally, Smartleaf Asset Management LLC purchased a new position in Birkenstock in the second quarter worth approximately $74,000. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on BIRK shares. New Street Research set a $47.00 price objective on Birkenstock in a research report on Tuesday, January 27th. JPMorgan Chase & Co. reduced their price objective on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Sanford C. Bernstein decreased their target price on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday, January 15th. Piper Sandler reaffirmed an “overweight” rating and set a $55.00 target price (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $60.00 target price on shares of Birkenstock in a research note on Thursday, February 12th. Sixteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Birkenstock presently has an average rating of “Moderate Buy” and a consensus target price of $59.71.

Birkenstock Trading Up 6.0%

BIRK opened at $39.67 on Thursday. Birkenstock Holding PLC has a 52 week low of $33.06 and a 52 week high of $59.50. The business has a fifty day simple moving average of $37.89 and a 200-day simple moving average of $40.01. The firm has a market cap of $7.30 billion, a P/E ratio of 17.37, a P/E/G ratio of 1.43 and a beta of 1.15. The company has a quick ratio of 1.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.46.

Birkenstock Company Profile

Birkenstock Group AG, listed on the New York Stock Exchange under the symbol BIRK, is a global footwear manufacturer renowned for its anatomically contoured footbeds and iconic sandal designs. The company’s core product lines include classic models such as the Arizona, Boston and Madrid, alongside a range of clogs, shoes and orthotic insoles. In addition to footwear, Birkenstock offers complementary accessories, including socks and leather care products, reinforcing its commitment to foot health and comfort.

Birkenstock reaches consumers through a diversified distribution network that combines direct-to-consumer channels—such as branded retail stores and e-commerce platforms—with wholesale partnerships spanning specialty footwear retailers, department stores and select online marketplaces.