Birkenstock Holding PLC $BIRK Shares Sold by Holocene Advisors LP

Key Points

• Holocene Advisors trimmed its stake in Birkenstock by 38% in Q3, selling 664,737 shares and leaving it with 1,083,611 shares (about 0.58% of the company) valued at $49.03 million; overall institutional ownership sits around 19.93%.
• Analyst sentiment is broadly positive with 16 Buy and 3 Hold ratings, a consensus rating of "Moderate Buy" and a consensus price target of $60.12.
• Birkenstock beat quarterly estimates — $0.60 EPS vs. $0.40 expected and $617.7M revenue vs. $521.1M expected — and issued FY2026 EPS guidance of 2.22–2.40.

Holocene Advisors LP trimmed its holdings in Birkenstock Holding PLC (NYSE:BIRK - Free Report) by 38.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,083,611 shares of the company's stock after selling 664,737 shares during the quarter. Holocene Advisors LP owned about 0.58% of Birkenstock worth $49,033,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BIRK. Activest Wealth Management grew its stake in shares of Birkenstock by 77,500.0% in the third quarter. Activest Wealth Management now owns 776 shares of the company's stock worth $35,000 after purchasing an additional 775 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Birkenstock by 61.0% in the first quarter. NewEdge Advisors LLC now owns 1,288 shares of the company's stock worth $59,000 after purchasing an additional 488 shares during the period. Smartleaf Asset Management LLC bought a new position in Birkenstock in the 2nd quarter valued at about $74,000. Covestor Ltd grew its position in Birkenstock by 1,239.8% in the 3rd quarter. Covestor Ltd now owns 2,894 shares of the company's stock valued at $131,000 after buying an additional 2,678 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in Birkenstock by 67.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,358 shares of the company's stock valued at $165,000 after buying an additional 1,351 shares during the period. 19.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have commented on BIRK shares. Deutsche Bank Aktiengesellschaft set a $49.00 price target on shares of Birkenstock in a research report on Friday, February 13th. BTIG Research reissued a "buy" rating and set a $65.00 target price on shares of Birkenstock in a report on Thursday, January 29th. Williams Trading upgraded Birkenstock to a "hold" rating in a research report on Friday, December 19th. The Goldman Sachs Group reiterated a "buy" rating and set a $59.00 price target on shares of Birkenstock in a research report on Thursday, January 29th. Finally, Jefferies Financial Group set a $60.00 price objective on Birkenstock in a report on Thursday, December 18th. Sixteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $60.12.

Birkenstock Stock Up 1.2%

BIRK stock opened at $37.89 on Tuesday. The firm has a market cap of $6.97 billion, a PE ratio of 16.59, a P/E/G ratio of 1.42 and a beta of 1.06. Birkenstock Holding PLC has a 12 month low of $35.70 and a 12 month high of $59.50. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.13 and a quick ratio of 1.04. The firm has a 50 day simple moving average of $39.68 and a 200 day simple moving average of $42.22.

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

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.

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