Birkenstock Holding PLC (NYSE:BIRK) Short Interest Up 16.5% in February

Birkenstock Holding PLC (NYSE:BIRK) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 10,857,673 shares, an increase of 16.5% from the February 12th total of 9,317,763 shares. Currently, 5.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,718,556 shares, the days-to-cover ratio is currently 4.0 days. Based on an average daily trading volume, of 2,718,556 shares, the days-to-cover ratio is currently 4.0 days. Currently, 5.9% of the shares of the stock are sold short.

Birkenstock Price Performance

Shares of Birkenstock stock opened at $37.24 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13. Birkenstock has a 52-week low of $35.70 and a 52-week high of $59.50. The company has a fifty day moving average of $39.57 and a 200-day moving average of $42.12. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.43 and a beta of 1.06.

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. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The company had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. During the same quarter last year, the company earned $0.29 EPS. The firm’s revenue was up 15.5% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. Equities research analysts expect that Birkenstock will post 1.77 EPS for the current year.

Analyst Ratings Changes

BIRK has been the subject of several research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Morgan Stanley restated a “positive” rating and set a $47.00 price target on shares of Birkenstock in a research report on Tuesday, January 27th. Jefferies Financial Group set a $60.00 price target on Birkenstock in a research note on Thursday, December 18th. Guggenheim reiterated a “buy” rating and issued a $60.00 price objective on shares of Birkenstock in a report on Friday, December 19th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $59.00 price objective 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $60.12.

Institutional Investors Weigh In On Birkenstock

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its position in Birkenstock by 7.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,174 shares of the company’s stock worth $221,000 after acquiring an additional 348 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in 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 last quarter. Illinois Municipal Retirement Fund lifted its position in Birkenstock by 1.3% in the third quarter. Illinois Municipal Retirement Fund now owns 35,968 shares of the company’s stock valued at $1,628,000 after purchasing an additional 448 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Birkenstock by 30.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,951 shares of the company’s stock valued at $87,000 after purchasing an additional 458 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Birkenstock by 2.8% in the third quarter. Public Employees Retirement System of Ohio now owns 16,990 shares of the company’s stock worth $769,000 after purchasing an additional 460 shares during the last quarter. Institutional investors own 19.93% of the company’s stock.

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.