Kornitzer Capital Management Inc. KS Raises Stock Holdings in Birkenstock Holding PLC $BIRK

Kornitzer Capital Management Inc. KS boosted its holdings in shares of Birkenstock Holding PLC (NYSE:BIRK) by 12.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 287,505 shares of the company’s stock after purchasing an additional 30,930 shares during the quarter. Kornitzer Capital Management Inc. KS owned approximately 0.15% of Birkenstock worth $13,010,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BIRK. GAMMA Investing LLC grew 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 buying an additional 233 shares in the last quarter. 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. Smartleaf Asset Management LLC acquired a new position in Birkenstock during the 2nd quarter worth $74,000. Caitong International Asset Management Co. Ltd increased its position in shares of Birkenstock by 3,131.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,068 shares of the company’s stock worth $102,000 after purchasing an additional 2,004 shares during the last quarter. Finally, Amalgamated Bank increased its position in shares of Birkenstock by 26.8% in the 2nd quarter. Amalgamated Bank now owns 2,632 shares of the company’s stock worth $129,000 after purchasing an additional 556 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

Birkenstock Trading Down 0.0%

Shares of NYSE BIRK opened at $39.55 on Tuesday. Birkenstock Holding PLC has a 12-month low of $36.89 and a 12-month high of $62.66. The company has a market cap of $7.27 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 1.56 and a beta of 1.17. The company has a current ratio of 2.81, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47. The stock’s 50 day simple moving average is $42.23 and its 200 day simple moving average is $44.92.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings data on Thursday, December 18th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.11. The firm 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 firm’s revenue was up 15.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Equities research analysts expect that Birkenstock Holding PLC will post 1.77 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Jefferies Financial Group set a $60.00 price target on Birkenstock in a research note on Thursday, December 18th. Guggenheim reaffirmed a “buy” rating and set a $60.00 target price on shares of Birkenstock in a report on Friday, December 19th. Robert W. Baird lowered their price target on Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Williams Trading raised Birkenstock to a “hold” rating in a research report on Friday, December 19th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Birkenstock in a research note on Monday, December 29th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.00.

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.