Catterton Management Company L.L.C. Cuts Position in Birkenstock Holding PLC $BIRK

Catterton Management Company L.L.C. lowered its stake in shares of Birkenstock Holding PLC (NYSE:BIRK) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,736,261 shares of the company’s stock after selling 264,066 shares during the quarter. Birkenstock makes up approximately 97.1% of Catterton Management Company L.L.C.’s holdings, making the stock its largest position. Catterton Management Company L.L.C. owned approximately 62.39% of Birkenstock worth $4,692,713,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ranger Investment Management L.P. boosted its stake in Birkenstock by 66.4% during the 3rd quarter. Ranger Investment Management L.P. now owns 320,345 shares of the company’s stock valued at $14,496,000 after purchasing an additional 127,845 shares during the period. Federated Hermes Inc. grew its position in Birkenstock by 39.9% in the 2nd quarter. Federated Hermes Inc. now owns 1,331,927 shares of the company’s stock worth $65,504,000 after purchasing an additional 379,759 shares during the last quarter. Azzad Asset Management Inc. ADV increased its stake in shares of Birkenstock by 94.2% in the third 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 period. American Century Companies Inc. bought a new stake in shares of Birkenstock during the second quarter valued at approximately $18,647,000. Finally, AGF Management Ltd. raised its holdings in shares of Birkenstock by 2.5% during the third quarter. AGF Management Ltd. now owns 2,089,320 shares of the company’s stock valued at $94,542,000 after buying an additional 51,110 shares during the last quarter. 19.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BIRK has been the subject of a number of recent analyst reports. Jefferies Financial Group set a $60.00 price objective on Birkenstock in a report on Thursday, December 18th. BTIG Research reaffirmed a “buy” rating and set a $65.00 target price on shares of Birkenstock in a research note on Thursday, January 29th. UBS Group reiterated a “buy” rating on shares of Birkenstock in a research report on Monday, February 9th. Guggenheim reissued a “buy” rating and issued a $60.00 price target on shares of Birkenstock in a research note on Friday, December 19th. Finally, JPMorgan Chase & Co. lowered their price target on Birkenstock from $66.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, January 20th. Sixteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Birkenstock presently has an average rating of “Moderate Buy” and a consensus target price of $60.12.

Birkenstock Stock Up 0.3%

Shares of Birkenstock stock opened at $34.29 on Monday. Birkenstock Holding PLC has a 12-month low of $33.06 and a 12-month high of $59.50. The firm has a market capitalization of $6.31 billion, a PE ratio of 15.01, a price-to-earnings-growth ratio of 1.31 and a beta of 1.06. The company has a quick ratio of 1.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.46. The stock’s fifty day moving average is $38.49 and its 200-day moving average is $41.32.

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.