First Trust Advisors LP Grows Stock Position in Birkenstock Holding PLC $BIRK

First Trust Advisors LP grew its stake in Birkenstock Holding PLC (NYSE:BIRK) by 54.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,748 shares of the company’s stock after buying an additional 20,738 shares during the quarter. First Trust Advisors LP’s holdings in Birkenstock were worth $2,105,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock valued at $27,000 after acquiring an additional 697 shares during the period. Morse Asset Management Inc acquired a new stake in shares of Birkenstock during the 3rd quarter worth approximately $28,000. Kestra Advisory Services LLC purchased a new position in shares of Birkenstock during the 4th quarter valued at approximately $42,000. Quarry LP increased its holdings in shares of Birkenstock by 99.2% during the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares in the last quarter. Finally, GW&K Investment Management LLC lifted its stake in shares of Birkenstock by 77.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after purchasing an additional 486 shares during the period. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BIRK shares. Williams Trading cut shares of Birkenstock from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 2nd. William Blair lowered Birkenstock from an “outperform” rating to a “market perform” rating and set a $44.00 price target for the company. in a research note on Monday, August 3rd. Seaport Research Partners cut Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. JPMorgan Chase & Co. increased their price target on Birkenstock from $49.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Finally, Zacks Research lowered Birkenstock from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. Thirteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Birkenstock currently has an average rating of “Moderate Buy” and an average target price of $53.28.

Insider Transactions at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the sale, the insider directly owned 31,153 shares in the company, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Birkenstock Stock Performance

BIRK opened at $38.53 on Friday. The firm’s fifty day simple moving average is $43.46 and its two-hundred day simple moving average is $40.09. Birkenstock Holding PLC has a 52-week low of $31.12 and a 52-week high of $53.53. The company has a market cap of $7.09 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.61 and a beta of 1.30. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

Birkenstock (NYSE:BIRK) last released its earnings results on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The company had revenue of $714.40 million for the quarter, compared to analysts’ expectations of $716.62 million. During the same period in the prior year, the firm earned $0.63 EPS. The firm’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. Equities analysts anticipate that Birkenstock Holding PLC will post 2.27 earnings per share for the current fiscal year.

Birkenstock 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.