Birkenstock Holding PLC $BIRK Stake Lifted by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. increased its position in shares of Birkenstock Holding PLC (NYSE:BIRK) by 11.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,886,454 shares of the company’s stock after purchasing an additional 1,264,841 shares during the period. T. Rowe Price Investment Management Inc. owned 6.46% of Birkenstock worth $486,156,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of Birkenstock by 28.5% during the 4th quarter. Invesco Ltd. now owns 74,169 shares of the company’s stock valued at $3,034,000 after purchasing an additional 16,460 shares during the period. Alpine Woods Capital Investors LLC acquired a new stake in shares of Birkenstock in the fourth quarter valued at $397,000. XTX Topco Ltd acquired a new stake in shares of Birkenstock in the fourth quarter valued at $305,000. SummitTX Capital L.P. bought a new position in Birkenstock during the fourth quarter valued at about $261,000. Finally, Balyasny Asset Management L.P. boosted its stake in Birkenstock by 8.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 525,012 shares of the company’s stock valued at $21,473,000 after buying an additional 40,975 shares in the last quarter. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $43.50, for a total value of $1,305,000.00. Following the completion of the transaction, 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 filing with the SEC, which is available through this link.

Birkenstock Trading Down 1.2%

NYSE:BIRK opened at $46.41 on Friday. The stock has a fifty day simple moving average of $40.48 and a 200 day simple moving average of $40.11. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 1.96 and a beta of 1.25. Birkenstock Holding PLC has a 1-year low of $31.12 and a 1-year high of $53.53. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BIRK shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $52.50 price target on shares of Birkenstock in a research report on Friday, May 22nd. Telsey Advisory Group reduced their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Zacks Research cut shares of Birkenstock from a “hold” rating to a “strong sell” rating in a research note on Friday, May 15th. BTIG Research dropped their target price on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Finally, Seaport Research Partners upgraded shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Tuesday, April 14th. Twelve investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Birkenstock currently has an average rating of “Moderate Buy” and an average price target of $53.68.

About Birkenstock

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.