Citigroup Inc. Buys 92,612 Shares of Birkenstock Holding PLC $BIRK

Citigroup Inc. lifted its position in Birkenstock Holding PLC (NYSE:BIRK) by 1,565.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 98,529 shares of the company’s stock after purchasing an additional 92,612 shares during the quarter. Citigroup Inc. owned 0.05% of Birkenstock worth $4,458,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BIRK. Ranger Investment Management L.P. increased its holdings in shares of Birkenstock by 66.4% during the third quarter. Ranger Investment Management L.P. now owns 320,345 shares of the company’s stock worth $14,496,000 after buying an additional 127,845 shares in the last quarter. Federated Hermes Inc. grew its position in Birkenstock by 39.9% during the 2nd quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock worth $65,504,000 after acquiring an additional 379,759 shares during the last quarter. AGF Management Ltd. increased its holdings in Birkenstock by 72.8% during the 2nd quarter. AGF Management Ltd. now owns 2,038,210 shares of the company’s stock valued at $100,239,000 after purchasing an additional 858,522 shares in the last quarter. American Century Companies Inc. bought a new position in Birkenstock in the 2nd quarter valued at $18,647,000. Finally, Azzad Asset Management Inc. ADV raised its position in Birkenstock by 94.2% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 56,754 shares of the company’s stock valued at $2,568,000 after purchasing an additional 27,531 shares during the last quarter. Institutional investors and hedge funds own 19.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BIRK. Guggenheim reaffirmed a “buy” rating and issued a $60.00 price target on shares of Birkenstock in a report on Friday, December 19th. Williams Trading raised shares of Birkenstock to a “hold” rating in a research note on Friday, December 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Birkenstock in a research report on Monday, December 29th. Robert W. Baird lowered their price target on shares of Birkenstock from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Friday, December 19th. Finally, Stifel Nicolaus reduced their price objective on Birkenstock from $66.00 to $58.00 and set a “buy” rating on the stock in a report on Thursday, December 18th. Sixteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Birkenstock currently has an average rating of “Moderate Buy” and a consensus price target of $60.12.

Birkenstock Trading Up 0.4%

BIRK opened at $41.49 on Thursday. The firm has a 50 day simple moving average of $40.27 and a 200 day simple moving average of $43.05. Birkenstock Holding PLC has a fifty-two week low of $36.44 and a fifty-two week high of $59.50. The company has a market cap of $7.63 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.57 and a beta of 1.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.04.

Birkenstock (NYSE:BIRK) last announced its quarterly earnings data on Thursday, December 18th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.20. The firm had revenue of $617.67 million for the quarter, compared to analysts’ expectations of $521.12 million. Birkenstock had a net margin of 17.68% and a return on equity of 13.41%. The business’s revenue for the quarter was up 15.5% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share. Birkenstock has set its FY 2026 guidance at 2.220-2.40 EPS. On average, sell-side analysts anticipate that Birkenstock Holding PLC will post 1.77 earnings per share for the current year.

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.