Birkenstock Holding PLC $BIRK Stock Holdings Decreased by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP reduced its position in Birkenstock Holding PLC (NYSE:BIRK) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,954,801 shares of the company’s stock after selling 299,692 shares during the period. Westfield Capital Management Co. LP owned about 1.06% of Birkenstock worth $79,951,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Ranger Investment Management L.P. grew its position in Birkenstock by 66.4% during the third quarter. Ranger Investment Management L.P. now owns 320,345 shares of the company’s stock valued at $14,496,000 after purchasing an additional 127,845 shares in the last quarter. Principal Financial Group Inc. grew its position in Birkenstock by 22.5% during the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock valued at $37,835,000 after purchasing an additional 170,034 shares in the last quarter. Azzad Asset Management Inc. ADV grew its position in Birkenstock by 94.2% during the third quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock valued at $2,568,000 after purchasing an additional 27,531 shares in the last quarter. Artisan Partners Limited Partnership grew its position in Birkenstock by 15.0% during the third quarter. Artisan Partners Limited Partnership now owns 887,432 shares of the company’s stock valued at $40,156,000 after purchasing an additional 115,911 shares in the last quarter. Finally, Tabor Asset Management LP purchased a new position in Birkenstock during the third quarter valued at approximately $2,327,000. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Stock Performance

Shares of NYSE BIRK opened at $42.89 on Friday. 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 firm has a market cap of $7.89 billion, a price-to-earnings ratio of 19.37, a P/E/G ratio of 1.77 and a beta of 1.25. The business’s 50-day simple moving average is $38.29 and its 200-day simple moving average is $39.79. Birkenstock Holding PLC has a 52 week low of $31.12 and a 52 week high of $57.20.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a research note on Friday, May 22nd. Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a research note on Thursday, May 14th. Finally, Stifel Nicolaus set a $51.00 target price on shares of Birkenstock in a research note on Wednesday, May 13th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $53.68.

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.