Illinois Municipal Retirement Fund Sells 18,594 Shares of Birkenstock Holding PLC $BIRK

Illinois Municipal Retirement Fund lessened its position in Birkenstock Holding PLC (NYSE:BIRK) by 51.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,336 shares of the company’s stock after selling 18,594 shares during the period. Illinois Municipal Retirement Fund’s holdings in Birkenstock were worth $621,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its stake in shares of Birkenstock by 11.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after purchasing an additional 1,264,841 shares in the last quarter. Bamco Inc. NY increased its stake in shares of Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after buying an additional 1,612,236 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Birkenstock by 61.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after buying an additional 1,181,919 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Birkenstock by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after buying an additional 25,585 shares during the last quarter. Finally, Morgan Stanley raised its holdings in Birkenstock by 25.1% in the 4th quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after buying an additional 562,188 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.

Insider Transactions at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares in the company, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Birkenstock Trading Up 0.4%

Shares of BIRK stock opened at $40.76 on Friday. Birkenstock Holding PLC has a 1-year low of $31.12 and a 1-year 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. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.70 and a beta of 1.26. The stock has a 50-day moving average of $43.48 and a 200-day moving average of $40.28.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The company had revenue of $714.40 million during the quarter, compared to analyst estimates of $716.62 million. During the same period in the prior year, the firm earned $0.63 earnings per share. Birkenstock’s revenue was up 7.7% compared to the same quarter last year. 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 2.27 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on BIRK. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 target price on shares of Birkenstock in a research report on Thursday, May 14th. Zacks Research upgraded shares of Birkenstock from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. Raymond James Financial initiated coverage on shares of Birkenstock in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price target for the company. BTIG Research cut their price target on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Finally, Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research note on Wednesday, May 13th. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.57.

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.