Wealth High Governance Capital Ltda Sells 99,001 Shares of Birkenstock Holding PLC $BIRK

Wealth High Governance Capital Ltda cut its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 35.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 180,000 shares of the company’s stock after selling 99,001 shares during the quarter. Birkenstock makes up approximately 2.3% of Wealth High Governance Capital Ltda’s holdings, making the stock its 16th biggest holding. Wealth High Governance Capital Ltda’s holdings in Birkenstock were worth $8,145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Activest Wealth Management grew its stake 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 purchasing an additional 775 shares in the last quarter. NewEdge Advisors LLC raised its position 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 purchasing an additional 488 shares in the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of Birkenstock in the 2nd quarter worth $74,000. Covestor Ltd lifted its holdings in shares of Birkenstock by 1,239.8% in the 3rd quarter. Covestor Ltd now owns 2,894 shares of the company’s stock worth $131,000 after buying an additional 2,678 shares during the period. Finally, California State Teachers Retirement System grew its position in shares of Birkenstock by 67.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,358 shares of the company’s stock worth $165,000 after buying an additional 1,351 shares in the last quarter. Institutional investors own 19.93% of the company’s stock.

Birkenstock Stock Up 1.3%

Shares of BIRK traded up $0.48 during trading hours on Friday, hitting $36.61. The company had a trading volume of 175,918 shares, compared to its average volume of 2,635,250. 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 company has a market capitalization of $6.73 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 1.39 and a beta of 1.06. Birkenstock Holding PLC has a one year low of $35.70 and a one year high of $59.50. The company’s fifty day moving average price is $39.84 and its two-hundred day moving average price is $42.56.

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

Analysts Set New Price Targets

Several research firms recently weighed in on BIRK. Williams Trading upgraded Birkenstock to a “hold” rating in a report on Friday, December 19th. Telsey Advisory Group reiterated an “outperform” rating and set a $60.00 target price on shares of Birkenstock in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Jefferies Financial Group set a $60.00 price target on shares of Birkenstock in a report on Thursday, December 18th. Finally, New Street Research set a $47.00 price target on shares of Birkenstock in a research report on Tuesday, January 27th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $60.12.

Birkenstock Company 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.