Savvy Advisors Inc. Buys Shares of 18,198 Birkenstock Holding PLC $BIRK

Savvy Advisors Inc. bought a new stake in Birkenstock Holding PLC (NYSE:BIRK) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,198 shares of the company’s stock, valued at approximately $744,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Birkenstock by 7.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock valued at $221,000 after buying an additional 348 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in shares of Birkenstock by 1.3% in the third quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock valued at $1,628,000 after buying an additional 448 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Birkenstock by 30.7% in the third quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock valued at $87,000 after buying an additional 458 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of Birkenstock by 2.8% in the third quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock valued at $769,000 after buying an additional 460 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after buying an additional 488 shares during the period. Institutional investors and hedge funds own 19.93% of the company’s stock.

Birkenstock Price Performance

NYSE:BIRK opened at $34.66 on Wednesday. Birkenstock Holding PLC has a 12-month low of $33.06 and a 12-month high of $59.50. The firm has a market capitalization of $6.37 billion, a price-to-earnings ratio of 15.17, a P/E/G ratio of 1.31 and a beta of 1.21. The stock’s 50 day moving average price is $37.93 and its two-hundred day moving average price is $40.75. The company has a quick ratio of 1.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.46.

Analyst Upgrades and Downgrades

BIRK has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Birkenstock in a report on Friday, February 13th. UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. BTIG Research reaffirmed a “buy” rating and set a $65.00 price objective on shares of Birkenstock in a research report on Thursday, January 29th. New Street Research set a $47.00 price objective on Birkenstock in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group set a $60.00 price objective on Birkenstock in a research report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Birkenstock currently has an average rating of “Moderate Buy” and a consensus price target of $60.12.

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.