AMF Tjanstepension 13F: Adds $2.3M to Birkenstock (BIRK) Stake

AMF Tjanstepension boosted its stake in Birkenstock Holding plc (NYSE: BIRK) by 190.1%, owning 108,362 shares worth about $3.51 million at the end of the reporting period. The institutional investor disclosed the portfolio update in a Form 13F filing submitted to the Securities and Exchange Commission on October 22, 2026. Birkenstock closed at $33.70 on the filing date.

BIRK Birkenstock Holding plc

$33.70 ▼ -19.32% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in AMF Tjanstepension's Birkenstock Position

AMF Tjanstepension added 71,003 shares to its holdings during the period, bringing its total share count up from 37,359 shares. The reported value of the position reached $3,512,012 following the 190.1% increase.

Other Institutional Activity in Birkenstock

Other large institutional investors adjusted their positions in the footwear maker around the same time. Catterton Management Company, L.L.C. trimmed its holdings by 28,146,226 shares, ending with 71,270,287 shares worth about $2,309,870,002. BAMCO Inc. grew its holdings by 5,373,396 shares, ending with 14,739,609 shares worth about $496,724,834. Massachusetts Financial Services Co. grew its holdings by 948,537 shares, ending with 4,129,412 shares worth about $139,161,187. William Blair Investment Management, LLC grew its holdings by 290,504 shares, ending with 2,865,895 shares worth about $96,580,663.

Birkenstock Holding plc Stock Up 1.6%

Birkenstock shares recently traded around $32.83 as of October 22, 2026. The stock closed at $33.70 on the day of the filing, sitting below its 50-day moving average of $33.75 and its 200-day moving average of $38.53. The share price is down about 35.3% from its 52-week high of $50.73 and up about 9.7% from its 52-week low of $29.93.

Recent Earnings

Birkenstock reported trailing twelve month revenue of $2.27 billion alongside earnings of $2.13 per share. The company posted a net profit margin of 14.8% and a return on equity of 12.4%. Its next earnings report is scheduled for December 17, 2026.

Dividend

The company has a dividend payout ratio of 0.0% and a dividend yield of 0.0%.

Analysts Set New Price Targets

Wall Street research firms continue to monitor the footwear brand closely. Raymond James maintained an Outperform rating with a $42.00 price target on October 16, 2026. Earlier, Telsey Advisory Group, Bernstein, and Evercore ISI Group updated their views in August, while BMO Capital initiated coverage with a Market Perform rating and a $35.00 price target in September. Analysts surveyed hold a consensus buy recommendation with a mean price target of $49.48.

About Birkenstock

Headquartered in London, United Kingdom, Birkenstock Holding plc designs, manufactures, and sells footwear products such as sandals and closed-toe shoes featuring its signature footbed design. The company also offers skincare items and accessories through e-commerce platforms, company-owned retail stores, and wholesale business partners globally.

Bottom Line

Institutional investors continue to reallocate capital in Birkenstock as the market weighs the company's valuation against its growth metrics. Observers will look toward the upcoming earnings release on December 17, 2026, for further updates on financial performance and retail demand.