Healthcare of Ontario Pension Plan Trust Fund Decreases Stock Position in Birkenstock Holding PLC $BIRK

Healthcare of Ontario Pension Plan Trust Fund cut its position in Birkenstock Holding PLC (NYSE:BIRK) by 26.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,100,000 shares of the company’s stock after selling 400,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.60% of Birkenstock worth $44,990,000 as of its most recent filing with the Securities and Exchange Commission.

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

Birkenstock Trading Up 0.1%

Birkenstock stock opened at $48.82 on Monday. The firm’s 50-day moving average is $39.46 and its 200-day moving average is $39.98. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $53.53. The company has a market cap of $8.98 billion, a P/E ratio of 22.05, a PEG ratio of 2.04 and a beta of 1.24.

Insider Activity

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the transaction, the insider directly 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 filing with the SEC, which can be accessed through the SEC website.

Analyst Upgrades and Downgrades

A number of research firms have commented on BIRK. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Tuesday, April 14th. Morgan Stanley set a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. Telsey Advisory Group reduced their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research note 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. Twelve investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.68.

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.