Vontobel Holding Ltd. Buys 27,938 Shares of Birkenstock Holding PLC $BIRK

Vontobel Holding Ltd. purchased a new stake in Birkenstock Holding PLC (NYSE:BIRK) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 27,938 shares of the company’s stock, valued at approximately $905,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in Birkenstock in the 3rd quarter valued at about $27,000. WINTON GROUP Ltd purchased a new position in Birkenstock during the 2nd quarter valued at about $417,000. Integrated Wealth Concepts LLC purchased a new position in Birkenstock during the 2nd quarter valued at about $34,000. Squarepoint Ops LLC raised its position in Birkenstock by 438.0% during the second quarter. Squarepoint Ops LLC now owns 99,537 shares of the company’s stock worth $4,283,000 after acquiring an additional 81,037 shares during the last quarter. Finally, Corient Private Wealth LP acquired a new position in Birkenstock during the second quarter worth about $3,703,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Birkenstock Stock Performance

Shares of NYSE BIRK opened at $32.76 on Tuesday. The company has a market cap of $5.83 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.12 and a beta of 1.30. Birkenstock Holding PLC has a 12 month low of $29.93 and a 12 month high of $50.73. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.78 and a quick ratio of 2.09. The company has a 50-day simple moving average of $33.89 and a 200-day simple moving average of $38.54.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.86 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.02). The firm had revenue of $834.65 million during the quarter, compared to analyst estimates of $827.39 million. Birkenstock had a net margin of 14.82% and a return on equity of 13.36%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities analysts anticipate that Birkenstock Holding PLC will post 2.19 earnings per share for the current year.

Analyst Ratings Changes

BIRK has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Birkenstock in a report on Friday, July 31st. Zacks Research raised shares of Birkenstock from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 1st. Weiss Ratings downgraded Birkenstock from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, September 22nd. BTIG Research restated a “buy” rating and set a $60.00 price objective on shares of Birkenstock in a research report on Friday, August 14th. Finally, UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research note on Friday, September 11th. Thirteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.91.

About Birkenstock

Birkenstock Holding plc, which operates the Birkenstock brand, is a German footwear company known for anatomically shaped footbed products designed to provide support and comfort. Its product portfolio includes sandals, shoes, clogs, boots and children’s footwear, along with related accessories and care products.

The company traces its roots to 1774, when Johann Adam Birkenstock was listed as a shoemaker in Germany. Birkenstock’s distinctive contoured footbed became the foundation of its footwear products and remains central to the brand.