Birkenstock Holding PLC $BIRK Stake Increased by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. grew its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 11.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,886,454 shares of the company’s stock after purchasing an additional 1,264,841 shares during the period. T. Rowe Price Investment Management Inc. owned about 0.06% of Birkenstock worth $486,156,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Invesco Ltd. raised its position in Birkenstock by 28.5% during the fourth quarter. Invesco Ltd. now owns 74,169 shares of the company’s stock valued at $3,034,000 after buying an additional 16,460 shares during the period. Alpine Woods Capital Investors LLC acquired a new stake in Birkenstock during the 4th quarter worth about $397,000. XTX Topco Ltd acquired a new stake in Birkenstock during the 4th quarter worth about $305,000. SummitTX Capital L.P. purchased a new position in Birkenstock during the 4th quarter valued at about $261,000. Finally, Balyasny Asset Management L.P. grew its stake in Birkenstock by 8.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 525,012 shares of the company’s stock valued at $21,473,000 after acquiring an additional 40,975 shares in the last quarter. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BIRK shares. Telsey Advisory Group reduced their price target on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. BTIG Research lowered their price objective on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Tuesday, April 14th. Stifel Nicolaus set a $51.00 target price on shares of Birkenstock in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $52.50 target price on shares of Birkenstock in a research note on Friday, May 22nd. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Birkenstock presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.68.

Birkenstock Trading Down 1.2%

Shares of NYSE:BIRK opened at $46.41 on Friday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $8.53 billion, a PE ratio of 20.96, a P/E/G ratio of 1.96 and a beta of 1.25. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $53.53. The firm has a fifty day moving average price of $40.48 and a 200 day moving average price of $40.11.

Insider Activity

In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the transaction, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. This represents a 49.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Birkenstock Company 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.