Birkenstock Holding PLC $BIRK Shares Sold by Tredje AP fonden

Tredje AP fonden reduced its position in shares of Birkenstock Holding PLC (NYSE:BIRK) by 26.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 414,400 shares of the company’s stock after selling 150,000 shares during the quarter. Tredje AP fonden’s holdings in Birkenstock were worth $16,949,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Bamco Inc. NY raised its position in shares of Birkenstock by 41.9% during the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock worth $287,509,000 after purchasing an additional 1,876,398 shares during the period. Westfield Capital Management Co. LP raised its position in shares of Birkenstock by 34.4% during the third quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock worth $102,016,000 after purchasing an additional 577,543 shares during the period. AGF Management Ltd. raised its position in shares of Birkenstock by 2.5% during the third quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock worth $94,542,000 after purchasing an additional 51,110 shares during the period. Dimensional Fund Advisors LP increased its stake in Birkenstock by 76.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,911,701 shares of the company’s stock worth $86,496,000 after purchasing an additional 829,341 shares in the last quarter. Finally, Holocene Advisors LP increased its stake in Birkenstock by 239.3% in the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after purchasing an additional 1,233,085 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Birkenstock Trading Up 1.5%

Shares of BIRK opened at $32.60 on Wednesday. The business’s 50-day moving average price is $36.98 and its 200 day moving average price is $39.59. The stock has a market capitalization of $5.99 billion, a P/E ratio of 14.72, a P/E/G ratio of 1.29 and a beta of 1.15. Birkenstock Holding PLC has a 1-year low of $31.12 and a 1-year high of $57.39. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on BIRK shares. UBS Group reissued a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Zacks Research cut Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Stifel Nicolaus set a $51.00 price target on Birkenstock in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. dropped their price target on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Thirteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $54.14.

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.