Vontobel Holding Ltd. Makes New Investment in Birkenstock Holding PLC $BIRK

Vontobel Holding Ltd. purchased a new stake in Birkenstock Holding PLC (NYSE:BIRK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 27,938 shares of the company’s stock, valued at approximately $905,000.

Other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new position in Birkenstock in the second quarter valued at $4,772,000. Corient Private Wealth LP purchased a new stake in shares of Birkenstock in the second quarter valued at about $3,703,000. Rice Hall James & Associates LLC raised its holdings in shares of Birkenstock by 26.5% in the first quarter. Rice Hall James & Associates LLC now owns 590,368 shares of the company’s stock valued at $21,153,000 after buying an additional 123,791 shares during the last quarter. ABN Amro Investment Solutions acquired a new stake in shares of Birkenstock during the first quarter worth about $2,892,000. Finally, Entropy Technologies LP acquired a new stake in shares of Birkenstock during the first quarter worth about $1,075,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. BMO Capital Markets initiated coverage on Birkenstock in a research report on Tuesday, September 8th. They issued a “market perform” rating and a $35.00 price target on the stock. Guggenheim reaffirmed a “buy” rating and set a $55.00 price objective on shares of Birkenstock in a research report on Friday, September 11th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $55.00 target price (up from $50.00) on shares of Birkenstock in a research note on Friday, August 14th. JPMorgan Chase & Co. boosted their target price on Birkenstock from $49.00 to $58.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Finally, Zacks Research raised Birkenstock from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $51.91.

Birkenstock Stock Down 3.2%

Shares of NYSE BIRK opened at $32.76 on Tuesday. The company has a quick ratio of 2.09, a current ratio of 3.78 and a debt-to-equity ratio of 0.67. Birkenstock Holding PLC has a 52 week low of $29.93 and a 52 week high of $50.73. The firm has a 50-day moving average price of $33.89 and a 200 day moving average price of $38.54. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 15.35, a price-to-earnings-growth ratio of 1.12 and a beta of 1.30.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.02). Birkenstock had a return on equity of 13.36% and a net margin of 14.82%. The company had revenue of $834.65 million for the quarter, compared to analysts’ expectations of $827.39 million. During the same period in the prior year, the firm posted $0.62 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts anticipate that Birkenstock Holding PLC will post 2.19 EPS for the current fiscal year.

About Birkenstock

Birkenstock Holding plc, which operates the Birkenstock brand, is a German footwear company known for anatomically shaped footbed products designed to provide support and comfort. Its product portfolio includes sandals, shoes, clogs, boots and children’s footwear, along with related accessories and care products.

The company traces its roots to 1774, when Johann Adam Birkenstock was listed as a shoemaker in Germany. Birkenstock’s distinctive contoured footbed became the foundation of its footwear products and remains central to the brand.