Birkenstock Holding PLC $BIRK Holdings Boosted by Bamco Inc. NY

Bamco Inc. NY raised its stake in Birkenstock Holding PLC (NYSE:BIRK) by 41.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,353,801 shares of the company’s stock after acquiring an additional 1,876,398 shares during the period. Birkenstock accounts for about 0.8% of Bamco Inc. NY’s investment portfolio, making the stock its 24th biggest holding. Bamco Inc. NY owned about 3.38% of Birkenstock worth $287,509,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in BIRK. Boothbay Fund Management LLC raised its position in shares of Birkenstock by 151.6% during the 3rd quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock worth $12,530,000 after purchasing an additional 166,860 shares during the period. Alua Capital Management LP boosted its position in Birkenstock by 7.0% during the 3rd quarter. Alua Capital Management LP now owns 1,187,862 shares of the company’s stock valued at $53,751,000 after purchasing an additional 77,350 shares during the period. Ameriprise Financial Inc. grew its stake in Birkenstock by 95.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 46,441 shares of the company’s stock worth $2,101,000 after buying an additional 22,626 shares during the last quarter. Creative Planning grew its stake in Birkenstock by 17.3% during the 3rd quarter. Creative Planning now owns 8,839 shares of the company’s stock worth $400,000 after buying an additional 1,303 shares during the last quarter. Finally, Durable Capital Partners LP acquired a new stake in Birkenstock in the third quarter worth $40,121,000. 19.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BIRK. Morgan Stanley reissued a “positive” rating and set a $47.00 price target on shares of Birkenstock in a report on Tuesday, January 27th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Birkenstock in a report on Monday, December 29th. Robert W. Baird reduced their target price on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Stifel Nicolaus decreased their target price on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating for the company in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $59.00 price target on shares of Birkenstock in a research note on Thursday, January 29th. Sixteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $60.12.

Birkenstock Trading Up 3.6%

NYSE:BIRK opened at $37.44 on Friday. Birkenstock Holding PLC has a 1 year low of $35.70 and a 1 year high of $59.50. The stock has a market cap of $6.89 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 1.42 and a beta of 1.06. The business has a fifty day moving average of $39.76 and a 200-day moving average of $42.39. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.20. The business had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The company’s revenue was up 15.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Equities analysts predict that Birkenstock Holding PLC will post 1.77 earnings per share for the current year.

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.