Paragon Capital Management Inc. Purchases New Position in Birkenstock Holding PLC $BIRK

Key Points

• Paragon Capital Management bought a new stake of 28,864 shares of Birkenstock (NYSE:BIRK) in Q4, valued at about $1.18 million.
• Multiple large institutions also increased positions—Bamco added 1.88M shares (up 41.9%), Dimensional added 829k shares (up 76.6%)—and institutional/hedge ownership is roughly 19.93%.
• Analysts give BIRK a consensus "Moderate Buy" rating with an average target of $60.13, versus a current price around $37.92, suggesting notable implied upside.

Paragon Capital Management Inc. purchased a new stake in shares of Birkenstock Holding PLC (NYSE:BIRK - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 28,864 shares of the company's stock, valued at approximately $1,181,000.

A number of other institutional investors also recently modified their holdings of the business. Bamco Inc. NY lifted its stake in shares of Birkenstock by 41.9% during the 3rd quarter. Bamco Inc. NY now owns 6,353,801 shares of the company's stock valued at $287,509,000 after buying an additional 1,876,398 shares in the last quarter. Westfield Capital Management Co. LP lifted its stake in shares of Birkenstock by 34.4% during the 3rd 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 in the last quarter. AGF Management Ltd. lifted its stake in shares of Birkenstock by 2.5% during the 3rd 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Birkenstock by 76.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,911,701 shares of the company's stock valued at $86,496,000 after buying an additional 829,341 shares in the last quarter. Finally, Holocene Advisors LP lifted its stake in shares of Birkenstock by 239.3% during the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company's stock valued at $85,984,000 after buying an additional 1,233,085 shares in the last quarter. 19.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BIRK has been the topic of a number of recent research reports. Sanford C. Bernstein dropped their price target 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. Jefferies Financial Group set a $60.00 target price on shares of Birkenstock in a report on Thursday, December 18th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $59.00 target price on shares of Birkenstock in a report on Thursday, January 29th. UBS Group reaffirmed a "buy" rating on shares of Birkenstock in a report on Monday, February 9th. Finally, Guggenheim reaffirmed a "buy" rating and set a $60.00 target price on shares of Birkenstock in a report on Friday, December 19th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Birkenstock currently has a consensus rating of "Moderate Buy" and an average target price of $60.13.

Birkenstock Price Performance

Shares of NYSE:BIRK opened at $37.92 on Monday. The company's fifty day moving average price is $37.94 and its 200-day moving average price is $40.58. The firm has a market capitalization of $6.97 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 1.44 and a beta of 1.21. Birkenstock Holding PLC has a one year low of $33.06 and a one year 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.

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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