Azzad Asset Management Inc. ADV Increases Holdings in Birkenstock Holding PLC $BIRK

Azzad Asset Management Inc. ADV increased its position in Birkenstock Holding PLC (NYSE:BIRK) by 94.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,754 shares of the company’s stock after purchasing an additional 27,531 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Birkenstock were worth $2,568,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Balyasny Asset Management L.P. lifted its holdings in shares of Birkenstock by 214.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock worth $147,107,000 after buying an additional 2,039,623 shares during the period. Norges Bank purchased a new position in shares of Birkenstock during the second quarter valued at $62,097,000. Holocene Advisors LP raised its holdings in shares of Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after acquiring an additional 1,233,085 shares in the last quarter. AGF Management Ltd. lifted its stake in Birkenstock by 72.8% in the second quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock worth $100,239,000 after acquiring an additional 858,522 shares during the period. Finally, Menora Mivtachim Holdings LTD. bought a new position in Birkenstock during the 2nd quarter worth about $37,918,000. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Birkenstock Price Performance

Shares of NYSE:BIRK opened at $38.43 on Monday. 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 company’s 50 day moving average is $41.53 and its 200 day moving average is $44.22. Birkenstock Holding PLC has a twelve month low of $36.44 and a twelve month high of $59.50. The company has a market cap of $7.07 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 1.48 and a beta of 1.19.

Birkenstock (NYSE:BIRK) last issued its earnings results on Thursday, December 18th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.20. The firm had revenue of $617.67 million for 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 company’s revenue was up 15.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. On average, sell-side analysts forecast that Birkenstock Holding PLC will post 1.77 EPS for the current year.

Wall Street Analysts Forecast Growth

BIRK has been the subject of several recent research reports. UBS Group restated a “buy” rating on shares of Birkenstock in a report on Friday, December 19th. BTIG Research restated a “buy” rating and set a $65.00 price objective on shares of Birkenstock in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Telsey Advisory Group reiterated an “outperform” rating and issued a $60.00 target price on shares of Birkenstock in a report on Friday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $59.00 price target on shares of Birkenstock in a research report on Thursday, January 29th. Sixteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $60.18.

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.