Tredje AP fonden Raises Stock Holdings in Birkenstock Holding PLC $BIRK

Tredje AP fonden raised its stake in Birkenstock Holding PLC (NYSE:BIRKFree Report) by 27.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 564,400 shares of the company’s stock after buying an additional 120,400 shares during the period. Tredje AP fonden’s holdings in Birkenstock were worth $25,539,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Activest Wealth Management grew its position in Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after acquiring an additional 775 shares in the last quarter. 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 last quarter. Smartleaf Asset Management LLC bought a new position in shares of Birkenstock during the 2nd quarter valued at about $74,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Birkenstock by 3,131.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,068 shares of the company’s stock valued at $102,000 after buying an additional 2,004 shares in the last quarter. Finally, Amalgamated Bank lifted its position in Birkenstock by 26.8% in the 2nd quarter. Amalgamated Bank now owns 2,632 shares of the company’s stock worth $129,000 after buying an additional 556 shares during the last quarter. 19.93% of the stock is owned by institutional investors.

Birkenstock Price Performance

BIRK stock opened at $40.89 on Friday. The company has a current ratio of 3.13, a quick ratio of 1.04 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average price is $40.81 and its two-hundred day moving average price is $43.56. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 17.90, a PEG ratio of 1.51 and a beta of 1.19. Birkenstock Holding PLC has a 12-month low of $36.44 and a 12-month high of $59.50.

Birkenstock (NYSE:BIRKGet Free Report) last posted its earnings results on Thursday, December 18th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.20. The company had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. Birkenstock had a return on equity of 13.41% and a net margin of 17.68%.Birkenstock’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, equities analysts predict that Birkenstock Holding PLC will post 1.77 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on BIRK. Weiss Ratings reissued a “hold (c-)” rating on shares of Birkenstock in a research note on Monday, December 29th. JPMorgan Chase & Co. decreased their target price on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 20th. UBS Group restated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. New Street Research set a $47.00 price objective on Birkenstock in a report on Tuesday, January 27th. Finally, Morgan Stanley restated a “positive” rating and set a $47.00 target price on shares of Birkenstock in a report on Tuesday, January 27th. Sixteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $60.12.

Check Out Our Latest Stock Analysis on BIRK

About Birkenstock

(Free Report)

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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Institutional Ownership by Quarter for Birkenstock (NYSE:BIRK)

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