851,205 Shares in Birkenstock Holding PLC $BIRK Acquired by Norges Bank

Norges Bank acquired a new position in Birkenstock Holding PLC (NYSE:BIRK) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 851,205 shares of the company’s stock, valued at approximately $34,814,000. Norges Bank owned about 0.46% of Birkenstock at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Bamco Inc. NY increased its position in shares of Birkenstock by 41.9% in the third quarter. Bamco Inc. NY now owns 6,353,801 shares of the company’s stock worth $287,509,000 after purchasing an additional 1,876,398 shares during the last quarter. Westfield Capital Management Co. LP increased its position in shares of Birkenstock by 34.4% in the third quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock worth $102,016,000 after purchasing an additional 577,543 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Birkenstock by 76.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,911,701 shares of the company’s stock worth $86,496,000 after purchasing an additional 829,341 shares during the last quarter. Holocene Advisors LP increased its position in shares of Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock worth $85,984,000 after purchasing an additional 1,233,085 shares during the last quarter. Finally, Swedbank AB increased its position in shares of Birkenstock by 25.0% in the fourth quarter. Swedbank AB now owns 1,500,000 shares of the company’s stock worth $61,350,000 after purchasing an additional 300,000 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.

Birkenstock Stock Up 2.9%

Shares of NYSE BIRK opened at $43.56 on Tuesday. Birkenstock Holding PLC has a one year low of $31.12 and a one 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. The firm’s 50 day simple moving average is $38.57 and its two-hundred day simple moving average is $39.83. The stock has a market capitalization of $8.01 billion, a P/E ratio of 19.67, a PEG ratio of 1.77 and a beta of 1.24.

Analyst Ratings Changes

BIRK has been the topic of a number of recent research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $52.50 price target on shares of Birkenstock in a research report on Friday, May 22nd. BTIG Research reduced their price target 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. Piper Sandler reiterated an “overweight” rating and set a $55.00 price target (down from $60.00) on shares of Birkenstock in a research report on Monday, April 27th. Telsey Advisory Group reduced their price target 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. Finally, UBS Group reiterated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. Twelve investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Birkenstock presently has an average rating of “Moderate Buy” and a consensus target price 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.