22,776 Birkenstock Holding PLC $BIRK Shares Bought by Investment House LLC

Investment House LLC boosted its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 46.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 71,954 shares of the company’s stock after buying an additional 22,776 shares during the period. Investment House LLC’s holdings in Birkenstock were worth $2,332,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. AMF Tjanstepension AB lifted its position in shares of Birkenstock by 190.1% in the third quarter. AMF Tjanstepension AB now owns 108,362 shares of the company’s stock valued at $3,512,000 after acquiring an additional 71,003 shares in the last quarter. Quadrant Capital Group LLC bought a new position in shares of Birkenstock in the third quarter worth about $436,000. Vontobel Holding Ltd. bought a new position in shares of Birkenstock in the third quarter worth about $905,000. Mather Group LLC. bought a new position in shares of Birkenstock in the third quarter worth about $27,000. Finally, WINTON GROUP Ltd bought a new position in shares of Birkenstock in the second quarter worth about $417,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Analyst Upgrades and Downgrades

BIRK has been the subject of several research analyst reports. Guggenheim reiterated a “buy” rating and set a $55.00 target price on shares of Birkenstock in a research report on Friday, September 11th. Wall Street Zen raised Birkenstock from a “sell” rating to a “hold” rating in a report on Sunday, August 23rd. BMO Capital Markets assumed coverage on Birkenstock in a research note on Tuesday, September 8th. They issued a “market perform” rating and a $35.00 price target for the company. JPMorgan Chase & Co. upped their price target on Birkenstock from $49.00 to $58.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Raymond James Financial cut their price objective on shares of Birkenstock from $52.00 to $42.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Birkenstock currently has an average rating of “Moderate Buy” and a consensus target price of $51.91.

Birkenstock Price Performance

NYSE:BIRK opened at $33.75 on Friday. The company has a market capitalization of $6.00 billion, a P/E ratio of 15.82, a P/E/G ratio of 1.07 and a beta of 1.30. The business’s 50-day moving average is $33.56 and its 200 day moving average is $38.50. The company has a current ratio of 3.78, a quick ratio of 2.09 and a debt-to-equity ratio of 0.67. Birkenstock Holding PLC has a 12 month low of $29.93 and a 12 month high of $50.73.

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

Birkenstock Company Profile

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.