Birkenstock Holding PLC $BIRK Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in shares of Birkenstock Holding PLC (NYSE:BIRK) by 181.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 331,093 shares of the company’s stock after buying an additional 213,250 shares during the period. BNP Paribas Financial Markets’ holdings in Birkenstock were worth $13,542,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BIRK. Royal Bank of Canada raised its stake in shares of Birkenstock by 310.5% during the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after buying an additional 11,966 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Birkenstock by 53.1% during the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after buying an additional 5,189 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock worth $59,000 after buying an additional 488 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Birkenstock by 27.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock valued at $49,256,000 after purchasing an additional 233,672 shares in the last quarter. Finally, Creative Planning purchased a new position in Birkenstock in the 2nd quarter valued at approximately $371,000. Institutional investors and hedge funds own 19.93% of the company’s stock.

Analyst Upgrades and Downgrades

BIRK has been the subject of several research analyst reports. Seaport Research Partners raised Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, April 14th. Morgan Stanley set a $41.00 price objective on Birkenstock in a research note on Thursday, May 14th. Wall Street Zen downgraded Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday. Telsey Advisory Group decreased their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, BTIG Research dropped their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Birkenstock has an average rating of “Moderate Buy” and a consensus target price of $53.68.

Birkenstock Stock Down 0.3%

Shares of NYSE BIRK opened at $42.20 on Monday. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $57.20. The firm’s 50 day moving average price is $38.40 and its 200 day moving average price is $39.81. The firm has a market cap of $7.76 billion, a P/E ratio of 19.06, a price-to-earnings-growth ratio of 1.77 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95.

About Birkenstock

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.