Credit Industriel ET Commercial Grows Position in Birkenstock Holding PLC $BIRK

Credit Industriel ET Commercial raised its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 172.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,000 shares of the company’s stock after acquiring an additional 36,116 shares during the quarter. Credit Industriel ET Commercial’s holdings in Birkenstock were worth $2,042,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in Birkenstock by 22.5% during the fourth quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after buying an additional 170,034 shares in the last quarter. Exane Asset Management purchased a new position in Birkenstock in the fourth quarter valued at about $6,502,000. Tabor Asset Management LP acquired a new stake in shares of Birkenstock during the 3rd quarter valued at approximately $2,327,000. Boothbay Fund Management LLC lifted its position in shares of Birkenstock by 151.6% during the 3rd quarter. Boothbay Fund Management LLC now owns 276,903 shares of the company’s stock valued at $12,530,000 after acquiring an additional 166,860 shares during the period. Finally, Paragon Capital Management Inc. purchased a new stake in shares of Birkenstock during the 4th quarter worth approximately $1,181,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BIRK shares. Stifel Nicolaus set a $51.00 price target on Birkenstock in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $52.50 price target on shares of Birkenstock in a research note on Friday, May 22nd. Telsey Advisory Group cut their price target 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, Raymond James Financial assumed coverage on shares of Birkenstock in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price objective for the company. Thirteen equities research 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, Birkenstock presently has an average rating of “Moderate Buy” and an average price target of $53.57.

Insider Transactions at Birkenstock

In other news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the transaction, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Birkenstock Price Performance

BIRK opened at $46.15 on Tuesday. The company has a fifty day simple moving average of $41.77 and a 200 day simple moving average of $40.13. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.92 and a beta of 1.26. Birkenstock Holding PLC has a twelve month low of $31.12 and a twelve month high of $53.53. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the business posted $0.63 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Equities research analysts expect that Birkenstock Holding PLC will post 2.27 EPS for the current fiscal year.

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.