Birkenstock Holding PLC $BIRK Shares Sold by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd trimmed its holdings in shares of Birkenstock Holding PLC (NYSE:BIRK) by 47.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,640 shares of the company’s stock after selling 132,380 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Birkenstock were worth $5,218,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. T. Rowe Price Investment Management Inc. boosted its position in shares of Birkenstock by 11.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock worth $486,156,000 after purchasing an additional 1,264,841 shares in the last quarter. Bamco Inc. NY lifted its holdings in shares of Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after purchasing an additional 1,612,236 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Birkenstock by 30.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock valued at $145,078,000 after buying an additional 956,167 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Birkenstock by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,950,380 shares of the company’s stock valued at $120,672,000 after acquiring an additional 25,585 shares during the last quarter. Finally, Morgan Stanley boosted its stake in shares of Birkenstock by 25.1% during the fourth quarter. Morgan Stanley now owns 2,797,719 shares of the company’s stock valued at $114,427,000 after acquiring an additional 562,188 shares during the last quarter. 19.93% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider owned 31,153 shares of the company’s stock, valued at approximately $1,355,155.50. This represents a 49.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Wall Street Analyst Weigh In

A number of analysts recently commented on BIRK shares. Morgan Stanley set a $41.00 target price on shares of Birkenstock in a research note on Thursday, May 14th. The Goldman Sachs Group restated a “buy” rating and issued a $52.50 target price on shares of Birkenstock in a report on Friday, May 22nd. Seaport Research Partners cut shares of Birkenstock from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Wall Street Zen downgraded shares of Birkenstock from a “hold” rating to a “sell” rating in a report on Sunday, July 5th. Finally, Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research report on Wednesday, May 13th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Birkenstock presently has an average rating of “Moderate Buy” and an average price target of $53.57.

Birkenstock Stock Up 0.4%

BIRK opened at $40.76 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.70 and a beta of 1.26. The business has a 50-day moving average of $43.48 and a two-hundred day moving average of $40.28. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $53.53.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.12). The company had revenue of $714.40 million for the quarter, compared to analysts’ expectations of $716.62 million. Birkenstock had a return on equity of 12.95% and a net margin of 16.26%.The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. On average, research analysts expect that Birkenstock Holding PLC will post 2.27 earnings per share for the current year.

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.