Swedbank AB boosted its position in shares of Birkenstock Holding PLC (NYSE:BIRK – Free Report) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,500,000 shares of the company’s stock after purchasing an additional 300,000 shares during the period. Swedbank AB’s holdings in Birkenstock were worth $61,350,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in Birkenstock by 7.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock valued at $221,000 after acquiring an additional 348 shares during the last quarter. Illinois Municipal Retirement Fund boosted its stake in Birkenstock by 1.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock valued at $1,628,000 after acquiring an additional 448 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in 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 acquiring an additional 458 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Birkenstock by 2.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock valued at $769,000 after acquiring an additional 460 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in 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 acquiring an additional 488 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.
Trending Headlines about Birkenstock
Here are the key news stories impacting Birkenstock this week:
- Positive Sentiment: Birkenstock launched a $250 million accelerated share repurchase, which can boost earnings per share and signals management believes the stock is undervalued. Article Title
- Positive Sentiment: The company said recent market weakness has created a gap between its share price and business performance, reinforcing the buyback as a confidence-boosting move. Article Title
- Neutral Sentiment: Retailers including Nordstrom and Nordstrom Rack are offering discounts on Birkenstock sandals, which may support near-term demand but does not directly change Birkenstock’s fundamentals. Article Title
- Negative Sentiment: Zacks flagged Birkenstock as a bear case, citing estimate cuts tied to tariff, inflation, and Middle East headwinds, which could pressure the stock if those risks persist. Article Title
Birkenstock Trading Up 4.4%
Analysts Set New Price Targets
A number of research analysts have commented on BIRK shares. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Zacks Research downgraded shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research note on Wednesday, May 13th. Finally, Telsey Advisory Group reduced their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $53.68.
Get Our Latest Analysis on BIRK
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.
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