BW Gestao de Investimentos Ltda. Decreases Holdings in Birkenstock Holding PLC $BIRK

BW Gestao de Investimentos Ltda. cut its holdings in shares of Birkenstock Holding PLC (NYSE:BIRK) by 16.1% in the 4th quarter, HoldingsChannel reports. The firm owned 424,835 shares of the company’s stock after selling 81,240 shares during the quarter. BW Gestao de Investimentos Ltda.’s holdings in Birkenstock were worth $17,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of Birkenstock by 7.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock worth $221,000 after acquiring an additional 348 shares during the period. Illinois Municipal Retirement Fund boosted its stake in Birkenstock by 1.3% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock worth $1,628,000 after purchasing an additional 448 shares during the period. Smartleaf Asset Management LLC boosted its stake in Birkenstock by 30.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock worth $87,000 after purchasing an additional 458 shares during the period. Public Employees Retirement System of Ohio boosted its stake in Birkenstock by 2.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock worth $769,000 after purchasing an additional 460 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in Birkenstock by 61.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after purchasing an additional 488 shares during the period. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Stock Performance

NYSE:BIRK opened at $44.83 on Tuesday. The stock has a 50-day simple moving average of $37.82 and a two-hundred day simple moving average of $39.74. Birkenstock Holding PLC has a 52-week low of $31.12 and a 52-week high of $57.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The firm has a market capitalization of $8.24 billion, a PE ratio of 20.25, a P/E/G ratio of 1.81 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Telsey Advisory Group lowered their price target on Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and set a $55.00 price objective (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Zacks Research cut Birkenstock from a “hold” rating to a “strong sell” rating in a report on Friday, May 15th. Stifel Nicolaus set a $51.00 price target on Birkenstock in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $52.50 price target on shares of Birkenstock in a research report on Friday, May 22nd. Thirteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $53.68.

Birkenstock 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.