Norges Bank Invests $34.81 Million in Birkenstock Holding PLC $BIRK

Norges Bank bought a new position in Birkenstock Holding PLC (NYSE:BIRK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 851,205 shares of the company’s stock, valued at approximately $34,814,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in BIRK. Morse Asset Management Inc bought a new position in shares of Birkenstock in the third quarter worth approximately $28,000. Quarry LP grew its holdings in shares of Birkenstock by 99.2% in the third quarter. Quarry LP now owns 988 shares of the company’s stock worth $45,000 after purchasing an additional 492 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Birkenstock by 61.0% in the first 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 bought a new position in shares of Birkenstock in the second quarter worth approximately $74,000. Finally, Clearstead Advisors LLC grew its holdings in shares of Birkenstock by 176.4% in the fourth quarter. Clearstead Advisors LLC now owns 3,411 shares of the company’s stock worth $140,000 after purchasing an additional 2,177 shares during the last quarter. Institutional investors own 19.93% of the company’s stock.

Birkenstock Stock Performance

Shares of Birkenstock stock opened at $43.56 on Tuesday. The company has a current ratio of 2.95, a quick ratio of 1.19 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $8.01 billion, a P/E ratio of 19.67, a P/E/G ratio of 1.77 and a beta of 1.24. The business has a fifty day simple moving average of $38.57 and a two-hundred day simple moving average of $39.83. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a report on Friday, May 15th. UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a research note on Monday, February 9th. Wall Street Zen lowered Birkenstock from a “hold” rating to a “sell” rating in a research note on Saturday. Piper Sandler reaffirmed an “overweight” rating and issued a $55.00 price target (down from $60.00) on shares of Birkenstock in a research note on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $41.00 price target on shares of Birkenstock in a research note on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Birkenstock currently has a consensus rating of “Moderate Buy” and an average price target of $53.68.

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.