Malaga Cove Capital LLC Raises Stake in Birkenstock Holding PLC $BIRK

Malaga Cove Capital LLC boosted its position in Birkenstock Holding PLC (NYSE:BIRKFree Report) by 52.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,188 shares of the company’s stock after buying an additional 13,790 shares during the period. Malaga Cove Capital LLC’s holdings in Birkenstock were worth $1,644,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of BIRK. Royal Bank of Canada boosted its position in Birkenstock by 310.5% in the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock valued at $725,000 after buying an additional 11,966 shares during the last quarter. AQR Capital Management LLC boosted its position in Birkenstock by 53.1% in 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 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. Goldman Sachs Group Inc. boosted its position in Birkenstock by 27.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after buying an additional 233,672 shares during the last quarter. Finally, Creative Planning purchased a new stake in Birkenstock in the second quarter valued at approximately $371,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Birkenstock Trading Up 5.1%

Birkenstock stock opened at $43.49 on Wednesday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20. The stock’s 50 day simple moving average is $37.23 and its two-hundred day simple moving average is $39.60. The firm has a market cap of $8.00 billion, a PE ratio of 19.64, a P/E/G ratio of 1.66 and a beta of 1.15.

Analysts Set New Price Targets

A number of equities research analysts recently commented on BIRK shares. Stifel Nicolaus set a $51.00 target price on Birkenstock in a research report on Wednesday, May 13th. Telsey Advisory Group dropped their target price on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. BTIG Research lowered their price objective on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, Morgan Stanley set a $41.00 price objective on Birkenstock in a research report on Thursday, May 14th. Thirteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Birkenstock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.68.

View Our Latest Stock Analysis on Birkenstock

Birkenstock Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Birkenstock (NYSE:BIRK)

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