Federated Hermes Inc. Buys 59,223 Shares of Birkenstock Holding PLC $BIRK

Federated Hermes Inc. increased its stake in Birkenstock Holding PLC (NYSE:BIRKFree Report) by 4.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,391,150 shares of the company’s stock after purchasing an additional 59,223 shares during the period. Federated Hermes Inc.’s holdings in Birkenstock were worth $62,950,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Truist Financial Corp bought a new stake in shares of Birkenstock during the third quarter worth $602,000. Kornitzer Capital Management Inc. KS raised its holdings in Birkenstock by 12.1% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 287,505 shares of the company’s stock worth $13,010,000 after purchasing an additional 30,930 shares during the last quarter. Keynote Financial Services LLC bought a new position in shares of Birkenstock in the 3rd quarter valued at about $519,000. Covestor Ltd boosted its stake in shares of Birkenstock by 1,239.8% in the 3rd quarter. Covestor Ltd now owns 2,894 shares of the company’s stock valued at $131,000 after purchasing an additional 2,678 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its position in shares of Birkenstock by 23.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 16,514 shares of the company’s stock worth $747,000 after buying an additional 3,100 shares during the period. 19.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BIRK shares. Stifel Nicolaus reduced their price objective on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating on the stock in a research note on Thursday, December 18th. Morgan Stanley restated a “positive” rating and issued a $47.00 price target on shares of Birkenstock in a research report on Tuesday. JPMorgan Chase & Co. dropped their price objective on Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a report on Tuesday, January 20th. Telsey Advisory Group restated an “outperform” rating and set a $60.00 target price on shares of Birkenstock in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $50.00 price target on Birkenstock in a research note on Thursday, January 8th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.18.

View Our Latest Analysis on BIRK

Birkenstock Stock Up 0.4%

Shares of Birkenstock stock opened at $37.72 on Friday. The company has a market capitalization of $6.94 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.81 and a quick ratio of 1.26. The business has a 50-day moving average of $42.09 and a two-hundred day moving average of $44.75. Birkenstock Holding PLC has a 1 year low of $36.78 and a 1 year high of $62.66.

Birkenstock (NYSE:BIRKGet Free Report) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.20. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.The business had revenue of $617.67 million during the quarter, compared to analyst estimates of $521.12 million. During the same period in the previous year, the firm earned $0.29 EPS. Birkenstock’s quarterly 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. As a group, equities analysts predict that Birkenstock Holding PLC will post 1.77 EPS for the current year.

Birkenstock News Summary

Here are the key news stories impacting Birkenstock this week:

  • Positive Sentiment: Analysts reaffirm bullish ratings and raised price targets — BTIG kept a “buy” with a $65 target and Telsey Advisory Group kept an “outperform” with a $60 target, signaling substantial upside vs. current levels. Analyst notes on Benzinga
  • Positive Sentiment: Management is pursuing aggressive growth: guidance and press report a push to multiply the store footprint by FY2028 and a target of €1 billion of incremental revenue over the next three years — initiatives that would expand retail presence and direct-to-consumer sales. Birkenstock Eyes Double-Digit Revenue Growth (WSJ) €1B Target (Investing.com)
  • Positive Sentiment: Brand-extension into bridal/high fashion — a collaboration with designer Danielle Frankel — is earning mainstream fashion coverage (Vogue, NYT, LifestyleAsia), which can broaden Birkenstock’s customer base and elevate brand perception beyond core casual wear. Vogue: Bridal Birkenstocks NYT: Birkenstock Steps Into High Bridal Fashion LifestyleAsia: Birkenstock x Danielle Frankel
  • Negative Sentiment: Short interest has jumped ~29.7% in January to roughly 10.7M shares (about 5.8% of shares outstanding) with a short-interest ratio near 3.8 days — higher short exposure could cap upside or amplify downward moves on negative news.

About Birkenstock

(Free Report)

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.

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Institutional Ownership by Quarter for Birkenstock (NYSE:BIRK)

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