Birkenstock (NYSE:BIRK) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Birkenstock (NYSE:BIRK) from a sell rating to a hold rating in a research note published on Sunday morning.

BIRK has been the topic of several other research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Birkenstock in a report on Friday, July 31st. Seaport Research Partners cut shares of Birkenstock from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Williams Trading downgraded shares of Birkenstock from a “strong-buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Stifel Nicolaus set a $51.00 price objective on shares of Birkenstock in a research report on Wednesday, May 13th. Finally, UBS Group reduced their price objective on shares of Birkenstock from $77.00 to $76.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.91.

Birkenstock Trading Up 0.1%

NYSE:BIRK opened at $35.67 on Friday. The firm has a market cap of $6.35 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.42 and a beta of 1.30. The stock has a fifty day moving average price of $42.12 and a 200 day moving average price of $40.04. Birkenstock has a 12-month low of $31.12 and a 12-month high of $53.53. The company has a current ratio of 3.78, a quick ratio of 2.09 and a debt-to-equity ratio of 0.67.

Birkenstock (NYSE:BIRK) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.02). The company had revenue of $834.65 million for the quarter, compared to analysts’ expectations of $827.39 million. Birkenstock had a return on equity of 13.36% and a net margin of 14.82%.Birkenstock’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 EPS. Birkenstock has set its FY 2026 guidance at 2.220-2.400 EPS. Sell-side analysts anticipate that Birkenstock will post 2.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Birkenstock

In related news, insider Mehdi Nico Bouyakhf sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $43.50, for a total transaction of $1,305,000.00. Following the completion of the sale, the insider owned 31,153 shares in the company, valued at $1,355,155.50. The trade was a 49.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of Birkenstock

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BIRK. Bamco Inc. NY boosted its holdings in shares of Birkenstock by 25.4% in the fourth quarter. Bamco Inc. NY now owns 7,966,037 shares of the company’s stock valued at $325,811,000 after acquiring an additional 1,612,236 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in shares of Birkenstock by 11.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,886,454 shares of the company’s stock valued at $486,156,000 after acquiring an additional 1,264,841 shares during the period. Holocene Advisors LP increased its holdings in shares of Birkenstock by 239.3% in the 2nd quarter. Holocene Advisors LP now owns 1,748,348 shares of the company’s stock valued at $85,984,000 after acquiring an additional 1,233,085 shares during the period. Dimensional Fund Advisors LP raised its position in Birkenstock by 61.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,093,620 shares of the company’s stock valued at $126,534,000 after purchasing an additional 1,181,919 shares during the last quarter. Finally, Durable Capital Partners LP purchased a new stake in Birkenstock in the 3rd quarter valued at $40,121,000. Institutional investors and hedge funds 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.