SG Americas Securities LLC Has $4.06 Million Stock Holdings in Birkenstock Holding PLC $BIRK

SG Americas Securities LLC lifted its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 21.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 113,357 shares of the company’s stock after purchasing an additional 20,309 shares during the quarter. SG Americas Securities LLC’s holdings in Birkenstock were worth $4,062,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in Birkenstock by 22.5% in the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock valued at $37,835,000 after acquiring an additional 170,034 shares during the last quarter. Tabor Asset Management LP bought a new stake in Birkenstock during the 3rd quarter worth about $2,327,000. Exane Asset Management acquired a new position in Birkenstock during the 4th quarter valued at about $6,502,000. Boothbay Fund Management LLC lifted its position in Birkenstock by 151.6% during the 3rd quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock valued at $12,530,000 after purchasing an additional 166,860 shares during the period. Finally, Paragon Capital Management Inc. bought a new position in shares of Birkenstock in the 4th quarter valued at about $1,181,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Birkenstock Price Performance

Shares of BIRK opened at $43.52 on Tuesday. The stock has a market cap of $8.00 billion, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 1.86 and a beta of 1.24. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $53.53. The stock’s 50-day moving average price is $41.37 and its two-hundred day moving average price is $40.15. 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 announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). The company had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, equities analysts predict that Birkenstock Holding PLC will post 2.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BIRK shares. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a research report on Wednesday, May 13th. BTIG Research reduced their price objective on shares of 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 reaffirmed a “hold (c-)” rating on shares of Birkenstock in a report on Thursday, June 18th. Piper Sandler reiterated an “overweight” rating and set a $55.00 target price (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Finally, Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Tuesday, April 14th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $53.68.

Insider Buying and Selling

In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction on Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the transaction, the insider directly owned 31,153 shares of the company’s stock, valued at $1,355,155.50. This trade represents a 49.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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.