Swedbank AB Has $57.33 Million Position in Birkenstock Holding PLC $BIRK

Swedbank AB raised its position in Birkenstock Holding PLC (NYSE:BIRK – Free Report) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,600,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Swedbank AB owned approximately 0.87% of Birkenstock worth $57,328,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. raised its stake in Birkenstock by 22.5% during the 4th quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after buying an additional 170,034 shares during the period. Exane Asset Management acquired a new position in Birkenstock in the fourth quarter valued at about $6,502,000. Tabor Asset Management LP bought a new stake in shares of Birkenstock in the third quarter worth about $2,327,000. Boothbay Fund Management LLC increased its holdings in shares of Birkenstock by 151.6% in the third quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock worth $12,530,000 after acquiring an additional 166,860 shares in the last quarter. Finally, Paragon Capital Management Inc. acquired a new stake in shares of Birkenstock during the fourth quarter worth about $1,181,000. 19.93% of the stock is currently owned by institutional investors and hedge funds.

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Birkenstock Stock Performance

Shares of NYSE BIRK opened at $45.58 on Wednesday. Birkenstock Holding PLC has a 52 week low of $31.12 and a 52 week high of $53.53. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The stock has a 50 day moving average price of $41.90 and a 200 day moving average price of $40.12. The stock has a market capitalization of $8.38 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BIRK. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 price objective on shares of Birkenstock in a research report on Friday, May 22nd. BTIG Research dropped their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Seaport Research Partners raised shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Tuesday, April 14th. Weiss Ratings upgraded shares of Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Finally, Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research report on Wednesday, May 13th. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Birkenstock has a consensus rating of “Moderate Buy” and a consensus target price of $53.57.

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Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the business’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 transaction, the insider owned 61,153 shares of the company’s stock, valued at $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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.

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