Williams Trading Downgrades Birkenstock (NYSE:BIRK) to Hold

Birkenstock (NYSE:BIRK) was downgraded by equities researchers at Williams Trading from a “strong-buy” rating to a “hold” rating in a research report issued on Sunday,Zacks.com reports.

A number of other equities research analysts have also weighed in on the stock. Raymond James Financial assumed coverage on shares of Birkenstock in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 target price for the company. BTIG Research dropped their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Seaport Research Partners cut Birkenstock from a “buy” rating to a “neutral” rating in a research report on Monday, July 20th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Birkenstock in a report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Birkenstock currently has a consensus rating of “Moderate Buy” and an average target price of $52.97.

Birkenstock Stock Up 0.4%

Birkenstock stock opened at $38.89 on Friday. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.62 and a beta of 1.30. The stock has a fifty day simple moving average of $43.93 and a two-hundred day simple moving average of $40.16. Birkenstock has a 12 month low of $31.12 and a 12 month high of $53.53. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45.

Birkenstock (NYSE:BIRK) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million for the quarter, compared to analysts’ expectations of $716.62 million. Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities analysts predict that Birkenstock will post 2.27 EPS for the current fiscal year.

Insider Activity at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the transaction, the insider directly owned 61,153 shares of the company’s stock, valued at $2,572,706.71. The trade was a 49.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Investors Weigh In On Birkenstock

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BIRK. Morse Asset Management Inc bought a new stake in Birkenstock during the 3rd quarter worth approximately $28,000. Parallel Advisors LLC boosted its position in shares of Birkenstock by 1,161.7% in the first quarter. Parallel Advisors LLC now owns 757 shares of the company’s stock worth $27,000 after purchasing an additional 697 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Birkenstock by 125.9% in the first quarter. EverSource Wealth Advisors LLC now owns 768 shares of the company’s stock worth $28,000 after purchasing an additional 428 shares in the last quarter. Quarry LP increased its stake in shares of Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of Birkenstock during the 4th quarter valued at $42,000. 19.93% of the stock is owned by hedge funds and other institutional investors.

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.