Sei Investments Co. Trims Holdings in Birkenstock Holding PLC $BIRK

Sei Investments Co. lowered its holdings in shares of Birkenstock Holding PLC (NYSE:BIRK) by 55.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,908 shares of the company’s stock after selling 22,271 shares during the period. Sei Investments Co.’s holdings in Birkenstock were worth $642,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Morse Asset Management Inc purchased a new stake in shares of Birkenstock in the third quarter valued at about $28,000. Parallel Advisors LLC grew its holdings in shares of Birkenstock by 1,161.7% during the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after buying an additional 697 shares during the last quarter. Quarry LP grew its holdings in shares of Birkenstock by 99.2% during the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after buying an additional 492 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Birkenstock in the 4th quarter valued at about $42,000. Finally, GW&K Investment Management LLC increased its position in Birkenstock by 77.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after acquiring an additional 486 shares during the period. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Birkenstock

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal Q3 revenue rose 13.3% year over year to approximately $821 million, exceeding consensus expectations. Growth was 15% on a constant-currency basis and was led by direct-to-consumer sales, new styles and continued pricing power. Birkenstock fiscal third-quarter results
• Positive Sentiment: Management raised its full-year revenue-growth outlook, citing resilient full-price demand from affluent consumers and strong sandal sales. Revenue guidance of roughly $2.8 billion is above the approximately $2.7 billion analyst consensus. Birkenstock raises annual revenue forecast
• Positive Sentiment: Guggenheim and BTIG Research reaffirmed “buy” ratings and maintained $60 price targets, implying substantial upside from the recent trading level. Analyst rating updates
• Neutral Sentiment: Birkenstock is expanding beyond its traditional clog and sandal offerings, with CEO Oliver Reichert highlighting global demand for ballet-inspired products, including ballerinas and Mary Jane styles. This could broaden the customer base, though the financial contribution remains unproven. Birkenstock expands into ballet fashion
• Negative Sentiment: Quarterly EPS of about $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87. Fiscal-year EPS guidance of $2.22–$2.40 also brackets, but does not clearly exceed, the $2.27 consensus estimate. Birkenstock earnings miss
• Negative Sentiment: After a sharp post-earnings advance, some investors appear to be taking profits. Analysts also caution that, despite accelerating DTC growth, the shares may not offer the most attractive risk-reward at current valuation levels. Birkenstock valuation analysis

Insider Activity

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the sale, the insider directly owned 61,153 shares of the company’s stock, valued at $2,572,706.71. This trade represents a 49.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Analysts Set New Price Targets

Several analysts have commented on BIRK shares. Telsey Advisory Group upped their price objective on Birkenstock from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a research note on Thursday, May 14th. Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Raymond James Financial began coverage on Birkenstock in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target for the company. Finally, Seaport Research Partners downgraded Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Thirteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $53.91.

Birkenstock Trading Down 4.1%

NYSE BIRK opened at $39.34 on Friday. The stock has a market capitalization of $7.23 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.70 and a beta of 1.30. Birkenstock Holding PLC has a 52-week low of $31.12 and a 52-week high of $53.53. The firm has a 50-day moving average price of $43.04 and a 200 day moving average price of $40.09. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 14.82% and a return on equity of 13.41%. The firm had revenue of $714.40 million during the quarter, compared to analyst estimates of $716.62 million. During the same quarter in the previous year, the business earned $0.63 EPS. Birkenstock’s revenue for the quarter was up 7.7% on a year-over-year basis. Equities research analysts expect that Birkenstock Holding PLC will post 2.29 EPS for the current 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.