27,980 Shares in Birkenstock Holding PLC $BIRK Bought by Havemeyer Place LP

Havemeyer Place LP bought a new position in Birkenstock Holding PLC (NYSE:BIRK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 27,980 shares of the company’s stock, valued at approximately $1,144,000.

Several other hedge funds also recently made changes to their positions in the company. Morse Asset Management Inc purchased a new position in Birkenstock during the 3rd quarter valued at $28,000. Quarry LP increased its position in Birkenstock by 99.2% during the 3rd quarter. Quarry LP now owns 988 shares of the company’s stock valued at $45,000 after purchasing an additional 492 shares during the period. NewEdge Advisors LLC increased its position in Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company’s stock valued at $59,000 after purchasing an additional 488 shares during the period. Smartleaf Asset Management LLC purchased a new position in Birkenstock during the 2nd quarter valued at $74,000. Finally, Clearstead Advisors LLC increased its position in Birkenstock by 176.4% during the 4th quarter. Clearstead Advisors LLC now owns 3,411 shares of the company’s stock valued at $140,000 after purchasing an additional 2,177 shares during the period. 19.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on BIRK shares. Telsey Advisory Group reduced their price objective on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Seaport Research Partners raised shares of Birkenstock from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $41.00 price objective on shares of Birkenstock in a research report on Thursday, May 14th. The Goldman Sachs Group reissued a “buy” rating and set a $52.50 price objective on shares of Birkenstock in a research report on Friday, May 22nd. Finally, BTIG Research reduced their price objective on shares of Birkenstock from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $53.68.

Birkenstock Stock Performance

Shares of Birkenstock stock opened at $42.20 on Monday. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 1.77 and a beta of 1.24. The firm’s 50-day moving average is $38.40 and its 200 day moving average is $39.81. Birkenstock Holding PLC has a 1 year low of $31.12 and a 1 year high of $57.20. 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.