Boot Barn Holdings, Inc. $BOOT Shares Acquired by Strs Ohio

Strs Ohio raised its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 12.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,600 shares of the company’s stock after purchasing an additional 3,500 shares during the quarter. Strs Ohio owned 0.11% of Boot Barn worth $5,402,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Royal Bank of Canada lifted its position in Boot Barn by 50.3% in the first quarter. Royal Bank of Canada now owns 34,676 shares of the company’s stock worth $3,725,000 after purchasing an additional 11,598 shares during the period. AQR Capital Management LLC grew its stake in shares of Boot Barn by 198.0% in the first quarter. AQR Capital Management LLC now owns 8,906 shares of the company’s stock valued at $957,000 after acquiring an additional 5,917 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Boot Barn by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,628 shares of the company’s stock valued at $1,894,000 after purchasing an additional 779 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Boot Barn by 23.6% in the first quarter. Goldman Sachs Group Inc. now owns 323,664 shares of the company’s stock worth $34,771,000 after acquiring an additional 61,719 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Boot Barn during the first quarter worth approximately $209,000.

Boot Barn Price Performance

Shares of BOOT stock opened at $180.64 on Tuesday. The company has a market cap of $5.51 billion, a P/E ratio of 26.72, a PEG ratio of 1.37 and a beta of 1.61. The stock’s 50-day moving average is $191.21 and its 200 day moving average is $181.83. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $210.25.

Boot Barn (NYSE:BOOT) last released its earnings results on Wednesday, October 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.11. Boot Barn had a net margin of 10.05% and a return on equity of 18.11%. The company had revenue of $505.40 million for the quarter, compared to the consensus estimate of $493.70 million. During the same quarter in the previous year, the firm earned $0.95 EPS. Boot Barn’s revenue was up 18.7% compared to the same quarter last year. Boot Barn has set its Q3 2026 guidance at 2.470-2.590 EPS and its FY 2026 guidance at 6.750-7.150 EPS. On average, analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Insider Activity

In related news, Chairman Peter Starrett sold 6,498 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $190.00, for a total transaction of $1,234,620.00. Following the transaction, the chairman directly owned 9,599 shares in the company, valued at approximately $1,823,810. The trade was a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Gene Eddie Burt sold 1,200 shares of Boot Barn stock in a transaction on Monday, December 1st. The shares were sold at an average price of $191.41, for a total value of $229,692.00. Following the completion of the sale, the director owned 3,338 shares in the company, valued at $638,926.58. This represents a 26.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.66% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on BOOT. Zacks Research cut shares of Boot Barn from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Citigroup increased their price target on shares of Boot Barn from $225.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Jefferies Financial Group lifted their target price on shares of Boot Barn from $180.00 to $195.00 and gave the stock a “hold” rating in a report on Monday, January 12th. Piper Sandler upped their target price on shares of Boot Barn from $220.00 to $229.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Finally, The Goldman Sachs Group started coverage on Boot Barn in a research report on Thursday, December 11th. They set a “buy” rating and a $225.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Boot Barn presently has a consensus rating of “Moderate Buy” and a consensus price target of $206.08.

Boot Barn Profile

Boot Barn, Inc is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts.