Birkenstock Holding PLC $BIRK Shares Acquired by Boothbay Fund Management LLC

Boothbay Fund Management LLC increased its position in Birkenstock Holding PLC (NYSE:BIRK) by 151.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 276,903 shares of the company’s stock after acquiring an additional 166,860 shares during the period. Boothbay Fund Management LLC owned approximately 0.15% of Birkenstock worth $12,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Activest Wealth Management raised its stake in shares of 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 during the last quarter. NewEdge Advisors LLC boosted its position in 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 last quarter. Smartleaf Asset Management LLC acquired a new position in Birkenstock in the 2nd quarter worth approximately $74,000. Covestor Ltd increased its holdings in 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 raised its position in 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 during the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on BIRK. Robert W. Baird decreased their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, December 19th. BTIG Research reaffirmed a “buy” rating and set a $65.00 price target on shares of Birkenstock in a research report on Thursday, January 29th. Sanford C. Bernstein reduced their price objective on Birkenstock from $55.00 to $50.00 and set a “market perform” rating for the company in a research note on Thursday, January 15th. Guggenheim restated a “buy” rating and issued a $60.00 target price on shares of Birkenstock in a research note on Friday, December 19th. Finally, Jefferies Financial Group set a $60.00 target price on Birkenstock in a report on Thursday, December 18th. 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.12.

Birkenstock Stock Performance

NYSE BIRK opened at $37.44 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.04. The stock’s 50 day simple moving average is $39.76 and its 200-day simple moving average is $42.39. The company has a market cap of $6.89 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.06. Birkenstock Holding PLC has a 1-year low of $35.70 and a 1-year high of $59.50.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings results on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.20. The firm had revenue of $617.67 million for the quarter, compared to the consensus estimate of $521.12 million. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The company’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period last year, the firm posted $0.29 earnings per share. 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 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.