Unisphere Establishment Cuts Holdings in Birkenstock Holding PLC $BIRK

Unisphere Establishment trimmed its position in Birkenstock Holding PLC (NYSE:BIRK) by 47.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 142,200 shares of the company’s stock after selling 129,000 shares during the period. Unisphere Establishment’s holdings in Birkenstock were worth $5,095,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other news, insider Mehdi Nico Bouyakhf sold 60,000 shares of Birkenstock stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $42.07, for a total value of $2,524,200.00. Following the completion of the transaction, the insider owned 61,153 shares in the company, valued at $2,572,706.71. This trade represents a 49.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BIRK. Seaport Research Partners cut Birkenstock from a “buy” rating to a “neutral” rating in a research report on Monday, July 20th. Weiss Ratings upgraded Birkenstock from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Stifel Nicolaus set a $51.00 price target on shares of Birkenstock in a report on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and set a $52.50 price target on shares of Birkenstock in a research report on Friday, May 22nd. Finally, Wall Street Zen downgraded shares of Birkenstock from a “hold” rating to a “sell” rating in a report on Sunday, July 5th. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $53.57.

Birkenstock Stock Up 0.4%

BIRK stock opened at $40.76 on Friday. The stock has a fifty day moving average of $43.48 and a 200-day moving average of $40.28. Birkenstock Holding PLC has a fifty-two week low of $31.12 and a fifty-two week high of $53.53. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.19 and a current ratio of 2.95.

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