Citigroup Inc. Buys 92,612 Shares of Birkenstock Holding PLC $BIRK

Citigroup Inc. increased its position in shares of Birkenstock Holding PLC (NYSE:BIRK) by 1,565.2% during the 3rd quarter, Holdings Channel reports. The fund owned 98,529 shares of the company’s stock after buying an additional 92,612 shares during the quarter. Citigroup Inc.’s holdings in Birkenstock were worth $4,458,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Tredje AP fonden increased its stake in Birkenstock by 27.1% in the third quarter. Tredje AP fonden now owns 564,400 shares of the company’s stock valued at $25,539,000 after purchasing an additional 120,400 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Birkenstock by 5.0% in the 3rd quarter. Vanguard Group Inc. now owns 126,527 shares of the company’s stock valued at $5,725,000 after buying an additional 5,977 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Birkenstock by 35.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 11,933 shares of the company’s stock valued at $540,000 after buying an additional 3,131 shares in the last quarter. Illinois Municipal Retirement Fund raised its stake in Birkenstock by 1.3% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock worth $1,628,000 after buying an additional 448 shares during the period. Finally, Azzad Asset Management Inc. ADV lifted its holdings in Birkenstock by 94.2% during the third quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock worth $2,568,000 after acquiring an additional 27,531 shares in the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Sanford C. Bernstein dropped their price target on Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a research report on Thursday, January 15th. BTIG Research restated a “buy” rating and issued a $65.00 target price on shares of Birkenstock in a research note on Thursday, January 29th. Robert W. Baird decreased their price target on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. The Goldman Sachs Group reiterated a “buy” rating and issued a $59.00 price objective on shares of Birkenstock in a report on Thursday, January 29th. Finally, Jefferies Financial Group set a $60.00 price objective on shares of Birkenstock in a research report on Thursday, December 18th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $60.12.

Birkenstock Stock Performance

Shares of NYSE BIRK opened at $41.49 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13. The stock has a 50 day moving average price of $40.27 and a 200 day moving average price of $43.05. The stock has a market capitalization of $7.63 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 1.57 and a beta of 1.06. Birkenstock Holding PLC has a 52 week low of $36.44 and a 52 week high of $59.50.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.20. Birkenstock had a return on equity of 13.41% and a net margin of 17.68%.The company had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. During the same quarter in the prior year, the business posted $0.29 EPS. The business’s revenue was up 15.5% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Analysts predict that Birkenstock Holding PLC will post 1.77 earnings per share for the current fiscal year.

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.