Bamco Inc. NY Boosts Holdings in Birkenstock Holding PLC $BIRK

Bamco Inc. NY grew its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 25.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,966,037 shares of the company’s stock after purchasing an additional 1,612,236 shares during the quarter. Birkenstock accounts for about 0.9% of Bamco Inc. NY’s holdings, making the stock its 19th biggest holding. Bamco Inc. NY’s holdings in Birkenstock were worth $325,811,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in shares of Birkenstock by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after purchasing an additional 1,181,919 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Birkenstock by 0.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after purchasing an additional 25,585 shares during the period. Morgan Stanley boosted its stake in shares of Birkenstock by 25.1% in the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after purchasing an additional 562,188 shares during the period. Westfield Capital Management Co. LP boosted its stake in shares of Birkenstock by 34.4% in the third quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock valued at $102,016,000 after purchasing an additional 577,543 shares during the period. Finally, Holocene Advisors LP boosted its stake in shares of Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after purchasing an additional 1,233,085 shares during the period. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Insider Transactions at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Birkenstock Stock Down 3.8%

Shares of Birkenstock stock opened at $47.09 on Thursday. Birkenstock Holding PLC has a 52-week low of $31.12 and a 52-week high of $53.53. The company has a 50 day moving average of $40.24 and a 200 day moving average of $40.09. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $8.66 billion, a P/E ratio of 21.27, a P/E/G ratio of 2.05 and a beta of 1.25.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. BTIG Research lowered their price objective on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research note 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 objective for the company in a research note on Tuesday, April 14th. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Finally, Wall Street Zen downgraded shares of Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Twelve equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.68.

About Birkenstock

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.