Bamco Inc. NY Boosts Holdings in Birkenstock Holding PLC $BIRK

Bamco Inc. NY raised its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 25.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,966,037 shares of the company’s stock after purchasing an additional 1,612,236 shares during the period. Birkenstock accounts for 0.9% of Bamco Inc. NY’s holdings, making the stock its 19th biggest position. Bamco Inc. NY owned about 4.33% of Birkenstock worth $325,811,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Schonfeld Strategic Advisors LLC lifted its holdings in Birkenstock by 179.8% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 259,906 shares of the company’s stock valued at $10,630,000 after purchasing an additional 167,016 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Birkenstock by 26.9% during the fourth quarter. AQR Capital Management LLC now owns 25,314 shares of the company’s stock valued at $1,035,000 after purchasing an additional 5,371 shares in the last quarter. Jain Global LLC lifted its holdings in Birkenstock by 41.0% during the fourth quarter. Jain Global LLC now owns 529,196 shares of the company’s stock valued at $21,644,000 after purchasing an additional 153,779 shares in the last quarter. Unisphere Establishment lifted its holdings in Birkenstock by 13.9% during the fourth quarter. Unisphere Establishment now owns 271,200 shares of the company’s stock valued at $11,092,000 after purchasing an additional 33,000 shares in the last quarter. Finally, Amundi lifted its holdings in Birkenstock by 11.2% during the fourth quarter. Amundi now owns 31,596 shares of the company’s stock valued at $1,292,000 after purchasing an additional 3,183 shares in the last quarter. 19.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of Birkenstock stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the sale, the insider directly owned 31,153 shares in the company, valued at $1,355,155.50. This trade represents a 49.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BIRK. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a research report on Friday, May 22nd. Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Tuesday, April 14th. BTIG Research reduced their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Wall Street Zen cut shares of Birkenstock from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $55.00 target price (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.68.

Birkenstock Price Performance

Shares of BIRK opened at $47.09 on Thursday. Birkenstock Holding PLC has a 1-year low of $31.12 and a 1-year high of $53.53. The stock has a market cap of $8.66 billion, a PE ratio of 21.27, a P/E/G ratio of 2.05 and a beta of 1.25. The firm has a 50-day simple moving average of $40.24 and a two-hundred day simple moving average of $40.09. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19.

Birkenstock 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.