Harbor Capital Advisors Inc. Lowers Stock Position in Birkenstock Holding PLC $BIRK

Harbor Capital Advisors Inc. lessened its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 63.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,041 shares of the company’s stock after selling 61,680 shares during the period. Harbor Capital Advisors Inc.’s holdings in Birkenstock were worth $1,586,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BIRK. GAMMA Investing LLC increased its position in shares of Birkenstock by 34.5% during the second quarter. GAMMA Investing LLC now owns 908 shares of the company’s stock worth $45,000 after acquiring an additional 233 shares during the last quarter. NewEdge Advisors LLC increased its holdings in 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 purchasing an additional 488 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of Birkenstock in the 2nd quarter valued at approximately $74,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Birkenstock by 3,131.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,068 shares of the company’s stock valued at $102,000 after buying an additional 2,004 shares during the last quarter. Finally, Amalgamated Bank grew its position in shares of Birkenstock by 26.8% during the second quarter. Amalgamated Bank now owns 2,632 shares of the company’s stock worth $129,000 after buying an additional 556 shares in the last quarter. 19.93% of the stock is owned by hedge funds and other institutional investors.

Birkenstock Stock Performance

Shares of BIRK opened at $42.30 on Friday. Birkenstock Holding PLC has a 52 week low of $38.16 and a 52 week high of $62.66. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 2.81. The company has a market capitalization of $7.78 billion, a PE ratio of 20.24, a PEG ratio of 0.80 and a beta of 1.14. The company’s 50 day moving average price is $42.06 and its 200 day moving average price is $46.42.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings results on Thursday, December 18th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.11. The company had revenue of $617.67 million during the quarter, compared to the consensus estimate of $521.12 million. Birkenstock had a return on equity of 13.02% and a net margin of 16.70%.The business’s quarterly revenue was up 15.5% on a year-over-year basis. During the same period last year, the business earned $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Research analysts expect that Birkenstock Holding PLC will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on BIRK shares. JPMorgan Chase & Co. reduced their target price on Birkenstock from $81.00 to $66.00 and set an “overweight” rating on the stock in a report on Friday, September 19th. Telsey Advisory Group set a $60.00 price objective on Birkenstock and gave the stock an “outperform” rating in a research report on Friday, December 19th. Sanford C. Bernstein reiterated a “market perform” rating and set a $63.00 price target on shares of Birkenstock in a research report on Friday, December 19th. Robert W. Baird dropped their price target on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Birkenstock in a research note on Monday. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Birkenstock has a consensus rating of “Moderate Buy” and an average target price of $64.79.

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.