SummitTX Capital L.P. Boosts Stock Position in Birkenstock Holding PLC $BIRK

SummitTX Capital L.P. increased its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 1,301.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 89,368 shares of the company’s stock after purchasing an additional 82,989 shares during the period. SummitTX Capital L.P.’s holdings in Birkenstock were worth $3,202,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Rice Hall James & Associates LLC raised its stake in Birkenstock by 26.5% during the first quarter. Rice Hall James & Associates LLC now owns 590,368 shares of the company’s stock valued at $21,153,000 after purchasing an additional 123,791 shares in the last quarter. Entropy Technologies LP purchased a new position in shares of Birkenstock in the 1st quarter worth $1,075,000. State of Wyoming grew its stake in shares of Birkenstock by 72.9% in the 1st quarter. State of Wyoming now owns 3,250 shares of the company’s stock worth $116,000 after buying an additional 1,370 shares in the last quarter. Militia Capital Management LLC bought a new stake in shares of Birkenstock in the 1st quarter worth about $331,000. Finally, First Trust Advisors LP increased its holdings in shares of Birkenstock by 54.6% in the 1st quarter. First Trust Advisors LP now owns 58,748 shares of the company’s stock worth $2,105,000 after buying an additional 20,738 shares during the last quarter. Institutional investors own 19.93% of the company’s stock.

Insider Activity

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares in the company, valued at $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Birkenstock Price Performance

Birkenstock stock opened at $42.01 on Wednesday. Birkenstock Holding PLC has a 12-month low of $31.12 and a 12-month high of $53.53. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $43.85 and a 200-day moving average price of $40.26. The firm has a market capitalization of $7.73 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 1.74 and a beta of 1.26.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The firm had revenue of $714.40 million for the quarter, compared to the consensus estimate of $716.62 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, equities research analysts forecast that Birkenstock Holding PLC will post 2.27 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Raymond James Financial began coverage on shares of Birkenstock in a report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price target for the company. The Goldman Sachs Group reissued a “buy” rating and set a $52.50 price objective on shares of Birkenstock in a research note on Friday, May 22nd. Zacks Research upgraded Birkenstock from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. Morgan Stanley set a $41.00 price objective on Birkenstock in a research note on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.57.

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.