Menora Mivtachim Holdings LTD. Increases Position in Birkenstock Holding PLC $BIRK

Menora Mivtachim Holdings LTD. increased its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 38.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,071,000 shares of the company’s stock after buying an additional 300,000 shares during the period. Menora Mivtachim Holdings LTD. owned about 0.57% of Birkenstock worth $48,463,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ranger Investment Management L.P. boosted its stake in shares of Birkenstock by 66.4% during the 3rd quarter. Ranger Investment Management L.P. now owns 320,345 shares of the company’s stock worth $14,496,000 after acquiring an additional 127,845 shares in the last quarter. Federated Hermes Inc. grew its holdings in shares of Birkenstock by 39.9% in the 2nd quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 379,759 shares during the period. Azzad Asset Management Inc. ADV increased its stake in Birkenstock by 94.2% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock valued at $2,568,000 after purchasing an additional 27,531 shares in the last quarter. American Century Companies Inc. acquired a new position in Birkenstock during the second quarter worth $18,647,000. Finally, AGF Management Ltd. boosted its position in Birkenstock by 2.5% during the third quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock worth $94,542,000 after purchasing an additional 51,110 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on BIRK shares. New Street Research set a $47.00 target price on Birkenstock in a report on Tuesday, January 27th. BTIG Research reaffirmed a “buy” rating and set a $65.00 price target on shares of Birkenstock in a research note on Thursday, January 29th. Williams Trading upgraded shares of Birkenstock to a “hold” rating in a research report on Friday, December 19th. Sanford C. Bernstein lowered their price objective on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. cut their target price on shares of Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. Sixteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $60.12.

Birkenstock Stock Down 1.3%

BIRK opened at $36.21 on Friday. The firm has a market cap of $6.66 billion, a P/E ratio of 15.85, a PEG ratio of 1.39 and a beta of 1.06. The business’s fifty day simple moving average is $39.84 and its 200 day simple moving average is $42.56. Birkenstock Holding PLC has a 52 week low of $35.70 and a 52 week high of $59.50. 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 (NYSE:BIRK) last announced its earnings results on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.20. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The firm had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. During the same quarter in the previous year, the company posted $0.29 EPS. The firm’s revenue for the quarter was up 15.5% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. As a group, equities research analysts anticipate that Birkenstock Holding PLC will post 1.77 EPS for the current fiscal year.

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.