Massachusetts Financial Services Co. MA Acquires New Shares in Birkenstock Holding PLC $BIRK

Key Points

• Massachusetts Financial Services Co. bought a new stake of 1,005,143 shares in Birkenstock (NYSE:BIRK) during Q4, valued at about $41.11 million and representing roughly 0.55% of the company.
• Analysts are moderately bullish—15 Buy vs. 3 Hold—with an average price target of $60.13, while the stock trades near $37.63 (market cap ~$6.92B; P/E 16.48), indicating notable upside to consensus targets.

Massachusetts Financial Services Co. MA bought a new stake in Birkenstock Holding PLC (NYSE:BIRK - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,005,143 shares of the company's stock, valued at approximately $41,110,000. Massachusetts Financial Services Co. MA owned 0.55% of Birkenstock at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Birkenstock by 310.5% in the 1st quarter. Royal Bank of Canada now owns 15,820 shares of the company's stock valued at $725,000 after acquiring an additional 11,966 shares during the last quarter. AQR Capital Management LLC boosted its stake in Birkenstock by 53.1% during the 1st quarter. AQR Capital Management LLC now owns 14,954 shares of the company's stock worth $686,000 after acquiring an additional 5,189 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Birkenstock by 61.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,288 shares of the company's stock worth $59,000 after acquiring an additional 488 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Birkenstock by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,074,283 shares of the company's stock valued at $49,256,000 after purchasing an additional 233,672 shares during the period. Finally, Creative Planning acquired a new position in Birkenstock during the second quarter valued at approximately $371,000. Institutional investors own 19.93% of the company's stock.

Analyst Ratings Changes

BIRK has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft set a $49.00 target price on shares of Birkenstock in a report on Friday, February 13th. Jefferies Financial Group set a $60.00 price objective on shares of Birkenstock in a research report on Thursday, December 18th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $59.00 price objective on shares of Birkenstock in a research note on Thursday, January 29th. New Street Research set a $47.00 target price on Birkenstock in a report on Tuesday, January 27th. Finally, Robert W. Baird decreased their target price on Birkenstock from $70.00 to $60.00 and set an "outperform" rating for the company in a research note on Friday, December 19th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $60.13.

Birkenstock Stock Down 3.3%

Birkenstock stock opened at $37.63 on Wednesday. The company has a 50 day moving average of $37.98 and a 200-day moving average of $40.49. The company has a quick ratio of 1.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.46. Birkenstock Holding PLC has a twelve month low of $33.06 and a twelve month high of $59.50. The stock has a market capitalization of $6.92 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 1.47 and a beta of 1.21.

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.

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