American Century Companies Inc. Sells 53,445 Shares of Birkenstock Holding PLC $BIRK

American Century Companies Inc. lessened its position in shares of Birkenstock Holding PLC (NYSE:BIRK) by 14.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 325,721 shares of the company’s stock after selling 53,445 shares during the quarter. American Century Companies Inc. owned about 0.17% of Birkenstock worth $14,739,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Balyasny Asset Management L.P. raised its position in shares of Birkenstock by 214.3% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,991,187 shares of the company’s stock valued at $147,107,000 after acquiring an additional 2,039,623 shares during the last quarter. Norges Bank acquired a new stake in shares of Birkenstock during the second quarter worth $62,097,000. Holocene Advisors LP increased its holdings in Birkenstock by 239.3% in the second quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after purchasing an additional 1,233,085 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Birkenstock in the second quarter valued at about $37,918,000. Finally, Westfield Capital Management Co. LP lifted its stake in Birkenstock by 34.4% in the third quarter. Westfield Capital Management Co. LP now owns 2,254,493 shares of the company’s stock valued at $102,016,000 after buying an additional 577,543 shares during the period. Institutional investors own 19.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Birkenstock from $66.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, January 20th. New Street Research set a $47.00 price target on shares of Birkenstock in a research report on Tuesday, January 27th. Sanford C. Bernstein reduced their price objective on shares of Birkenstock from $55.00 to $50.00 and set a “market perform” rating on the stock in a research note on Thursday, January 15th. Stifel Nicolaus decreased their price objective on shares of Birkenstock from $66.00 to $58.00 and set a “buy” rating for the company in a report on Thursday, December 18th. Finally, Williams Trading raised shares of Birkenstock to a “hold” rating in a research note on Friday, December 19th. Sixteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $60.12.

Birkenstock Price Performance

Shares of BIRK opened at $38.14 on Wednesday. The stock has a 50 day simple moving average of $40.02 and a 200 day simple moving average of $42.65. Birkenstock Holding PLC has a 52-week low of $36.14 and a 52-week high of $59.50. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.04 and a current ratio of 3.13. The firm has a market capitalization of $7.02 billion, a PE ratio of 16.70, a P/E/G ratio of 1.43 and a beta of 1.06.

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

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.