Tabor Asset Management LP Takes Position in Birkenstock Holding PLC $BIRK

Tabor Asset Management LP purchased a new stake in Birkenstock Holding PLC (NYSE:BIRK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 51,422 shares of the company’s stock, valued at approximately $2,327,000. Birkenstock makes up about 1.4% of Tabor Asset Management LP’s holdings, making the stock its 27th biggest position.

Other hedge funds have also modified their holdings of the company. Illinois Municipal Retirement Fund lifted its holdings 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 purchasing an additional 448 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Birkenstock by 30.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock worth $87,000 after purchasing an additional 458 shares in the last quarter. NewEdge Advisors LLC boosted its stake 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. Vontobel Holding Ltd. grew its holdings in shares of Birkenstock by 7.4% during the 3rd quarter. Vontobel Holding Ltd. now owns 7,437 shares of the company’s stock worth $337,000 after purchasing an additional 512 shares in the last quarter. Finally, Activest Wealth Management grew its stake in Birkenstock by 77,500.0% during the third quarter. Activest Wealth Management now owns 776 shares of the company’s stock worth $35,000 after buying an additional 775 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on BIRK. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of Birkenstock in a research note on Thursday, February 12th. Guggenheim reaffirmed a “buy” rating and set a $60.00 price target on shares of Birkenstock in a research report on Friday, December 19th. Williams Trading upgraded Birkenstock to a “hold” rating in a research report on Friday, December 19th. Robert W. Baird dropped their price target on Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, December 19th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 target price on shares of Birkenstock in a research report on Thursday, January 29th. Sixteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Birkenstock presently has a consensus rating of “Moderate Buy” and an average price target of $60.12.

Birkenstock Stock Performance

Shares of BIRK opened at $37.88 on Tuesday. The stock has a 50 day moving average price of $40.08 and a two-hundred day moving average price of $42.76. Birkenstock Holding PLC has a 52 week low of $36.14 and a 52 week high of $59.50. The firm has a market capitalization of $6.97 billion, a P/E ratio of 16.59, a P/E/G ratio of 1.44 and a beta of 1.06. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13.

Birkenstock (NYSE:BIRK) 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 firm had revenue of $617.67 million during the quarter, compared to analyst estimates of $521.12 million. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The business’s revenue was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Equities analysts forecast that Birkenstock Holding PLC will post 1.77 earnings per share for the current fiscal year.

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.