Havemeyer Place LP Acquires Shares of 27,980 Birkenstock Holding PLC $BIRK

Havemeyer Place LP bought a new stake in shares of Birkenstock Holding PLC (NYSE:BIRK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,980 shares of the company’s stock, valued at approximately $1,144,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada lifted its position in shares of Birkenstock by 310.5% during the first quarter. Royal Bank of Canada now owns 15,820 shares of the company’s stock worth $725,000 after purchasing an additional 11,966 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Birkenstock by 53.1% during the first quarter. AQR Capital Management LLC now owns 14,954 shares of the company’s stock worth $686,000 after purchasing an additional 5,189 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Birkenstock by 61.0% during 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. Goldman Sachs Group Inc. lifted its position in shares of Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company’s stock worth $49,256,000 after purchasing an additional 233,672 shares during the last quarter. Finally, Creative Planning bought a new stake in shares of Birkenstock during the second quarter worth $371,000. 19.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Stifel Nicolaus set a $51.00 target price on Birkenstock in a research report on Wednesday, May 13th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $41.00 target price on shares of Birkenstock in a research report on Thursday, May 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $52.50 target price on shares of Birkenstock in a research report on Friday, May 22nd. Finally, BTIG Research cut their price target on Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Twelve equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.68.

Birkenstock Stock Down 0.3%

NYSE:BIRK opened at $42.20 on Monday. Birkenstock Holding PLC has a fifty-two week low of $31.12 and a fifty-two week high of $57.20. The stock has a market capitalization of $7.76 billion, a P/E ratio of 19.06, a P/E/G ratio of 1.77 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95. The company’s 50-day simple moving average is $38.40 and its 200-day simple moving average is $39.81.

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.