Birkenstock (NYSE:BIRK) Downgraded by Seaport Research Partners to Neutral

Seaport Research Partners cut shares of Birkenstock (NYSE:BIRK) from a buy rating to a neutral rating in a research report released on Monday, MarketBeat.com reports.

BIRK has been the topic of several other reports. Raymond James Financial started coverage on shares of Birkenstock in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price objective on the stock. Weiss Ratings upgraded Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 2nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $52.50 target price on shares of Birkenstock in a research report on Friday, May 22nd. Morgan Stanley set a $41.00 price target on Birkenstock in a report on Thursday, May 14th. Finally, Zacks Research upgraded Birkenstock from a “strong sell” rating to a “hold” rating in a report on Thursday, July 2nd. Thirteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Birkenstock presently has an average rating of “Moderate Buy” and an average price target of $53.57.

Birkenstock Stock Down 3.4%

Shares of Birkenstock stock opened at $42.85 on Monday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.95 and a quick ratio of 1.19. Birkenstock has a 1 year low of $31.12 and a 1 year high of $53.53. The firm’s 50-day moving average is $42.88 and its two-hundred day moving average is $40.26. The stock has a market cap of $7.88 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.86 and a beta of 1.26.

Birkenstock (NYSE:BIRK) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.12). Birkenstock had a net margin of 16.26% and a return on equity of 12.95%. The business had revenue of $714.40 million during the quarter, compared to the consensus estimate of $716.62 million. During the same quarter in the prior year, the firm posted $0.63 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. As a group, research analysts expect that Birkenstock will post 2.27 earnings per share for the current fiscal year.

Insider Transactions at Birkenstock

In other Birkenstock news, insider Mehdi Nico Bouyakhf sold 60,000 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the sale, the insider directly owned 61,153 shares in the company, valued at approximately $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Institutional Investors Weigh In On Birkenstock

Large investors have recently modified their holdings of the business. Principal Financial Group Inc. raised its stake in Birkenstock by 22.5% in the 4th quarter. Principal Financial Group Inc. now owns 925,061 shares of the company’s stock worth $37,835,000 after acquiring an additional 170,034 shares during the last quarter. Exane Asset Management acquired a new stake in Birkenstock during the 4th quarter worth about $6,502,000. Paragon Capital Management Inc. acquired a new stake in Birkenstock during the 4th quarter worth about $1,181,000. Swedbank AB grew its stake in Birkenstock by 25.0% during the 4th quarter. Swedbank AB now owns 1,500,000 shares of the company’s stock valued at $61,350,000 after purchasing an additional 300,000 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA purchased a new stake in Birkenstock during the 4th quarter valued at about $41,110,000. Hedge funds and other institutional investors own 19.93% of the company’s stock.

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.