Swedbank AB Buys 100,000 Shares of Birkenstock Holding PLC $BIRK

by · The Markets Daily

Swedbank AB raised its stake in Birkenstock Holding PLC (NYSE:BIRK – Free Report) by 6.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,600,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Swedbank AB’s holdings in Birkenstock were worth $57,328,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of BIRK. Royal Bank of Canada grew its stake in Birkenstock by 310.5% in the 1st 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 raised its holdings in Birkenstock by 53.1% in the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock valued at $686,000 after acquiring an additional 5,189 shares during the period. NewEdge Advisors LLC lifted its position 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 acquiring an additional 488 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after acquiring an additional 233,672 shares during the last quarter. Finally, Creative Planning bought a new stake in shares of Birkenstock during the second quarter worth approximately $371,000. 19.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BIRK shares. Stifel Nicolaus set a $51.00 target price on Birkenstock in a research report on Wednesday, May 13th. Zacks Research upgraded Birkenstock from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. 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, Raymond James Financial began coverage on Birkenstock in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 target price for the company. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Birkenstock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.57.

Check Out Our Latest Stock Analysis on Birkenstock

Birkenstock Price Performance

Birkenstock stock opened at $45.58 on Wednesday. The firm has a market cap 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. 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 stock’s fifty day moving average price is $41.90 and its two-hundred day moving average price is $40.12. Birkenstock Holding PLC has a one year low of $31.12 and a one year high of $53.53.

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

Insider Buying and Selling

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the sale, the insider owned 61,153 shares of the company’s stock, valued at $2,572,706.71. This represents a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Birkenstock Company 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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