TD Asset Management Inc Acquires 52,526 Shares of Birkenstock Holding PLC $BIRK

TD Asset Management Inc raised its holdings in Birkenstock Holding PLC (NYSE:BIRK) by 7.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 720,690 shares of the company’s stock after buying an additional 52,526 shares during the quarter. TD Asset Management Inc’s holdings in Birkenstock were worth $29,476,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Lido Advisors LLC bought a new stake in Birkenstock in the 4th quarter valued at $378,000. BNP Paribas Financial Markets increased its holdings in Birkenstock by 181.0% in the 4th quarter. BNP Paribas Financial Markets now owns 331,093 shares of the company’s stock valued at $13,542,000 after buying an additional 213,250 shares during the period. Norges Bank bought a new stake in Birkenstock in the 4th quarter valued at $34,814,000. Malaga Cove Capital LLC increased its holdings in Birkenstock by 52.2% in the 4th quarter. Malaga Cove Capital LLC now owns 40,188 shares of the company’s stock valued at $1,644,000 after buying an additional 13,790 shares during the period. Finally, Clearstead Advisors LLC increased its holdings in Birkenstock by 176.4% in the 4th quarter. Clearstead Advisors LLC now owns 3,411 shares of the company’s stock valued at $140,000 after buying an additional 2,177 shares during the period. Institutional investors own 19.93% of the company’s stock.

Birkenstock Stock Down 1.8%

Shares of NYSE:BIRK opened at $42.20 on Friday. Birkenstock Holding PLC has a 12 month low of $31.12 and a 12 month high of $57.20. The company’s 50-day moving average price is $38.40 and its two-hundred day moving average price is $39.80. The company has a quick ratio of 1.19, a current ratio of 2.95 and a debt-to-equity ratio of 0.45. The firm has a market cap of $7.76 billion, a P/E ratio of 19.06, a P/E/G ratio of 1.77 and a beta of 1.25.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BIRK shares. Wall Street Zen lowered shares of Birkenstock from a “hold” rating to a “sell” rating in a report on Saturday. Telsey Advisory Group lowered their target price on shares of Birkenstock from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. UBS Group reaffirmed a “buy” rating on shares of Birkenstock in a report on Monday, February 9th. Piper Sandler reaffirmed an “overweight” rating and issued a $55.00 target price (down from $60.00) on shares of Birkenstock in a report on Monday, April 27th. Finally, Morgan Stanley set a $41.00 target price on shares of Birkenstock in a report on Thursday, May 14th. Twelve equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $53.68.

Birkenstock Company 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.