Sei Investments Co. Decreases Stake in Birkenstock Holding PLC $BIRK

Sei Investments Co. cut its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 55.4% during the first quarter, HoldingsChannel.com reports. The firm owned 17,908 shares of the company’s stock after selling 22,271 shares during the period. Sei Investments Co.’s holdings in Birkenstock were worth $642,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. State Board of Administration of Florida Retirement System lifted its stake in shares of Birkenstock by 9.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 5,110 shares of the company’s stock valued at $209,000 after purchasing an additional 420 shares during the period. Public Employees Retirement System of Ohio grew its position in Birkenstock by 2.8% during the third quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock worth $769,000 after buying an additional 460 shares during the period. GW&K Investment Management LLC grew its position in Birkenstock by 77.4% during the fourth quarter. GW&K Investment Management LLC now owns 1,114 shares of the company’s stock worth $46,000 after buying an additional 486 shares during the period. NewEdge Advisors LLC increased its holdings in Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after buying an additional 488 shares in the last quarter. Finally, Quarry LP increased its holdings in Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after buying an additional 492 shares in the last quarter. Hedge funds and other institutional investors own 19.93% of the company’s stock.

Insider Activity

In related news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00. Following the sale, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. This represents a 49.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Morgan Stanley set a $41.00 price target on Birkenstock in a research note on Thursday, May 14th. Guggenheim reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a research note on Friday. Zacks Research cut Birkenstock from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. BTIG Research reiterated a “buy” rating and set a $60.00 target price on shares of Birkenstock in a research report on Friday. Finally, Williams Trading lowered Birkenstock from a “strong-buy” rating to a “hold” rating in a report on Sunday, August 2nd. Thirteen analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Birkenstock has a consensus rating of “Moderate Buy” and an average target price of $53.91.

Key Birkenstock News

Here are the key news stories impacting Birkenstock this week:

• Positive Sentiment: Fiscal Q3 revenue rose 13.3% year over year to approximately $821 million, exceeding consensus expectations. Growth was 15% on a constant-currency basis and was led by direct-to-consumer sales, new styles and continued pricing power. Birkenstock fiscal third-quarter results
• Positive Sentiment: Management raised its full-year revenue-growth outlook, citing resilient full-price demand from affluent consumers and strong sandal sales. Revenue guidance of roughly $2.8 billion is above the approximately $2.7 billion analyst consensus. Birkenstock raises annual revenue forecast
• Positive Sentiment: Guggenheim and BTIG Research reaffirmed “buy” ratings and maintained $60 price targets, implying substantial upside from the recent trading level. Analyst rating updates
• Neutral Sentiment: Birkenstock is expanding beyond its traditional clog and sandal offerings, with CEO Oliver Reichert highlighting global demand for ballet-inspired products, including ballerinas and Mary Jane styles. This could broaden the customer base, though the financial contribution remains unproven. Birkenstock expands into ballet fashion
• Negative Sentiment: Quarterly EPS of about $0.85–$0.86 narrowly missed consensus estimates of $0.86–$0.87. Fiscal-year EPS guidance of $2.22–$2.40 also brackets, but does not clearly exceed, the $2.27 consensus estimate. Birkenstock earnings miss
• Negative Sentiment: After a sharp post-earnings advance, some investors appear to be taking profits. Analysts also caution that, despite accelerating DTC growth, the shares may not offer the most attractive risk-reward at current valuation levels. Birkenstock valuation analysis

Birkenstock Stock Down 4.1%

Shares of NYSE BIRK opened at $39.34 on Friday. The firm’s 50-day moving average is $43.04 and its two-hundred day moving average is $40.09. The company has a market capitalization of $7.23 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.30. Birkenstock Holding PLC has a 12-month low of $31.12 and a 12-month high of $53.53. 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 (NYSE:BIRK) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.12). Birkenstock had a return on equity of 13.41% and a net margin of 14.82%.The business had revenue of $714.40 million for the quarter, compared to analysts’ expectations of $716.62 million. During the same period last year, the business earned $0.63 earnings per share. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Equities analysts anticipate that Birkenstock Holding PLC will post 2.29 EPS for the current fiscal year.

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.