Healthcare of Ontario Pension Plan Trust Fund Reduces Stock Holdings in Birkenstock Holding PLC $BIRK

Healthcare of Ontario Pension Plan Trust Fund reduced its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 36.4% during the first quarter, Holdings Channel reports. The firm owned 700,000 shares of the company’s stock after selling 400,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Birkenstock were worth $25,081,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Birkenstock by 310.5% in the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after purchasing an additional 11,966 shares during the period. AQR Capital Management LLC increased its position in shares of Birkenstock by 53.1% during the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after buying an additional 5,189 shares during the period. NewEdge Advisors LLC increased its position in shares of Birkenstock by 61.0% during 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. Goldman Sachs Group Inc. raised its stake in Birkenstock by 27.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after buying an additional 233,672 shares in the last quarter. Finally, Creative Planning bought a new position in Birkenstock in the second quarter worth about $371,000. 19.93% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related 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 transaction of $2,524,200.00. Following the completion of the transaction, the insider 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 at this hyperlink.

Birkenstock Trading Up 0.3%

NYSE:BIRK opened at $40.76 on Monday. The firm has a market capitalization of $7.50 billion, a P/E ratio of 18.41, a PEG ratio of 1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. Birkenstock Holding PLC has a one year low of $31.12 and a one year high of $53.53. The company’s 50-day simple moving average is $43.48 and its 200 day simple moving average is $40.27.

Birkenstock (NYSE:BIRK) last announced its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The business had revenue of $714.40 million for the quarter, compared to the consensus estimate of $716.62 million. During the same period in the prior year, the business posted $0.63 EPS. Birkenstock’s revenue for the quarter was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, analysts forecast that Birkenstock Holding PLC will post 2.27 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on BIRK. Telsey Advisory Group cut their price objective on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Wall Street Zen lowered Birkenstock from a “hold” rating to a “sell” rating in a research report on Sunday, July 5th. BTIG Research dropped their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Morgan Stanley set a $41.00 price target on Birkenstock in a research note on Thursday, May 14th. Finally, Seaport Research Partners downgraded Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.57.

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.