Lombard Odier Asset Management Europe Ltd decreased its stake in shares of Birkenstock Holding PLC (NYSE:BIRK – Free Report) by 47.6% in the first quarter, Holdings Channel.com reports. The fund 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 institutional investors and hedge funds also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. boosted its holdings 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 valued at $486,156,000 after purchasing an additional 1,264,841 shares during the last quarter. Bamco Inc. NY lifted its position 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 worth $325,811,000 after buying an additional 1,612,236 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Birkenstock by 30.9% in the first quarter. Dimensional Fund Advisors LP now owns 4,049,787 shares of the company’s stock worth $145,078,000 after buying an additional 956,167 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in 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 buying an additional 25,585 shares during the last quarter. Finally, Morgan Stanley boosted its stake in 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 buying an additional 562,188 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.
Insider Activity at Birkenstock
In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $42.07, for a total transaction of $2,524,200.00. Following the completion of the sale, the insider owned 61,153 shares of the company’s stock, valued at approximately $2,572,706.71. The trade was a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Birkenstock Stock Performance
Birkenstock (NYSE:BIRK – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 16.26% and a return on equity of 12.95%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Analysts predict that Birkenstock Holding PLC will post 2.27 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Weiss Ratings raised Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. Raymond James Financial started coverage on shares of Birkenstock in a report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 target price on the stock. Zacks Research upgraded shares of Birkenstock from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded Birkenstock from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, BTIG Research lowered their price objective on Birkenstock from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. 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, Birkenstock currently has an average rating of “Moderate Buy” and a consensus target price of $53.57.
Read Our Latest Research Report on Birkenstock
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.
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