Birkenstock Holding PLC $BIRK Stake Lifted by Bamco Inc. NY

Bamco Inc. NY lifted its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 41.9% during the third quarter, Holdings Channel.com reports. The fund owned 6,353,801 shares of the company’s stock after purchasing an additional 1,876,398 shares during the period. Birkenstock accounts for about 0.8% of Bamco Inc. NY’s holdings, making the stock its 24th biggest holding. Bamco Inc. NY’s holdings in Birkenstock were worth $287,509,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIRK. Illinois Municipal Retirement Fund lifted its position in Birkenstock by 1.3% in the third quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock worth $1,628,000 after purchasing an additional 448 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Birkenstock by 30.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock valued at $87,000 after purchasing an additional 458 shares during the period. NewEdge Advisors LLC increased its position in shares of Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after purchasing an additional 488 shares during the period. Vontobel Holding Ltd. raised its stake in shares of Birkenstock by 7.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 7,437 shares of the company’s stock worth $337,000 after buying an additional 512 shares in the last quarter. Finally, Activest Wealth Management raised its stake in shares of Birkenstock by 77,500.0% in the 3rd quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after buying an additional 775 shares in the last quarter. Institutional investors own 19.93% of the company’s stock.

Analysts Set New Price Targets

BIRK has been the subject of several research reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $59.00 target price on shares of Birkenstock in a research note on Thursday, January 29th. Sanford C. Bernstein dropped their price target 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. Williams Trading raised shares of Birkenstock to a “hold” rating in a report on Friday, December 19th. Telsey Advisory Group restated an “outperform” rating and set a $60.00 price objective on shares of Birkenstock in a research report on Thursday, February 12th. Finally, Jefferies Financial Group set a $60.00 price objective on shares of Birkenstock in a research note on Thursday, December 18th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $60.12.

Birkenstock Stock Performance

Shares of NYSE BIRK opened at $37.44 on Friday. The stock’s fifty day simple moving average is $39.76 and its 200 day simple moving average is $42.39. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 1.42 and a beta of 1.06. 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 Holding PLC has a 52-week low of $35.70 and a 52-week high of $59.50.

Birkenstock (NYSE:BIRK) last announced its earnings results on Thursday, December 18th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.40 by $0.20. Birkenstock had a return on equity of 13.41% and a net margin of 17.68%.The business had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. Birkenstock’s revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, sell-side analysts forecast that Birkenstock Holding PLC will post 1.77 earnings per share for the current fiscal year.

About Birkenstock

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.