Illinois Municipal Retirement Fund Sells 18,594 Shares of Birkenstock Holding PLC $BIRK

Posted by Geri Gentry on Jul 25th, 2026

Illinois Municipal Retirement Fund lowered its position in shares of Birkenstock Holding PLC (NYSE:BIRK – Free Report) by 51.8% during the first quarter, HoldingsChannel.com reports. The fund owned 17,336 shares of the company’s stock after selling 18,594 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Birkenstock were worth $621,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BIRK. Morse Asset Management Inc bought a new position in shares of Birkenstock in the 3rd quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in shares of Birkenstock during the 4th quarter valued at about $42,000. Quarry LP boosted its position in shares of Birkenstock by 99.2% during the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares in the last quarter. GW&K Investment Management LLC boosted its position in shares of Birkenstock by 77.4% during the 4th quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock valued at $46,000 after purchasing an additional 486 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Birkenstock by 61.0% during the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after purchasing an additional 488 shares during the period. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Birkenstock Price Performance

BIRK stock opened at $40.76 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The company’s 50-day moving average is $43.48 and its 200-day moving average is $40.28. The stock has a market capitalization of $7.50 billion, a PE ratio of 18.41, a price-to-earnings-growth ratio of 1.70 and a beta of 1.26. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $53.53.

Birkenstock (NYSE:BIRK – Get Free Report) last issued its earnings results 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 16.26% and a return on equity of 12.95%. The firm had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. During the same period in the previous year, the firm earned $0.63 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts expect that Birkenstock Holding PLC will post 2.27 EPS for the current fiscal year.

Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the sale, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. This trade represents a 49.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. BTIG Research lowered their target price on Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Raymond James Financial assumed coverage on Birkenstock in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. Telsey Advisory Group lowered their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $53.57.

Check Out Our Latest Report on BIRK

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.