TD Asset Management Inc Acquires 52,526 Shares of Birkenstock Holding PLC $BIRK

TD Asset Management Inc lifted its position in Birkenstock Holding PLC (NYSE:BIRK) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 720,690 shares of the company’s stock after buying an additional 52,526 shares during the quarter. TD Asset Management Inc owned about 0.39% of Birkenstock worth $29,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Lido Advisors LLC acquired a new stake in shares of Birkenstock in the fourth quarter worth $378,000. BNP Paribas Financial Markets lifted its stake in shares of Birkenstock by 181.0% in the fourth quarter. BNP Paribas Financial Markets now owns 331,093 shares of the company’s stock worth $13,542,000 after buying an additional 213,250 shares during the last quarter. Norges Bank acquired a new stake in shares of Birkenstock in the fourth quarter worth $34,814,000. Malaga Cove Capital LLC lifted its stake in shares of Birkenstock by 52.2% in the fourth quarter. Malaga Cove Capital LLC now owns 40,188 shares of the company’s stock worth $1,644,000 after buying an additional 13,790 shares during the last quarter. Finally, Clearstead Advisors LLC lifted its stake in shares of Birkenstock by 176.4% in the fourth quarter. Clearstead Advisors LLC now owns 3,411 shares of the company’s stock worth $140,000 after buying an additional 2,177 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

BIRK has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $41.00 price objective on shares of Birkenstock in a research note on Thursday, May 14th. UBS Group restated a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. BTIG Research reduced their price objective on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company 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 for the company in a research note on Thursday, May 14th. Finally, Wall Street Zen cut shares of Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday. Twelve investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.68.

Birkenstock Price Performance

NYSE:BIRK opened at $42.20 on Friday. The stock has a market cap of $7.76 billion, a P/E ratio of 19.06, a PEG ratio of 1.77 and a beta of 1.25. Birkenstock Holding PLC has a one year low of $31.12 and a one year high of $57.20. The company has a fifty day moving average price of $38.40 and a 200 day moving average price of $39.80. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19.

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.