Boot Barn Holdings, Inc. $BOOT Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC cut its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,335 shares of the company’s stock after selling 244 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.05% of Boot Barn worth $2,331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Invesco Ltd. boosted its stake in shares of Boot Barn by 24.8% in the first quarter. Invesco Ltd. now owns 903,453 shares of the company’s stock worth $97,058,000 after acquiring an additional 179,710 shares during the last quarter. Artemis Investment Management LLP boosted its stake in shares of Boot Barn by 206.5% in the first quarter. Artemis Investment Management LLP now owns 734,023 shares of the company’s stock worth $78,856,000 after acquiring an additional 494,523 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Boot Barn by 15.3% in the first quarter. American Century Companies Inc. now owns 569,390 shares of the company’s stock worth $61,170,000 after acquiring an additional 75,413 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Boot Barn by 42.1% in the first quarter. Ameriprise Financial Inc. now owns 503,619 shares of the company’s stock worth $54,110,000 after acquiring an additional 149,115 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its stake in shares of Boot Barn by 51.4% in the first quarter. Stephens Investment Management Group LLC now owns 465,787 shares of the company’s stock worth $50,039,000 after acquiring an additional 158,195 shares during the last quarter.

Wall Street Analyst Weigh In

BOOT has been the topic of a number of research analyst reports. BTIG Research lifted their price target on Boot Barn from $200.00 to $218.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Cowen reaffirmed a “buy” rating on shares of Boot Barn in a research note on Monday, July 28th. KeyCorp lifted their price target on Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Jefferies Financial Group lowered Boot Barn from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $187.00 to $175.00 in a research note on Wednesday, July 23rd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Boot Barn in a research note on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $182.54.

Boot Barn Stock Performance

NYSE BOOT opened at $169.65 on Tuesday. The stock’s fifty day moving average is $173.62 and its two-hundred day moving average is $150.64. The firm has a market capitalization of $5.18 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 1.73 and a beta of 1.61. Boot Barn Holdings, Inc. has a fifty-two week low of $86.17 and a fifty-two week high of $191.31.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.55 by $0.19. Boot Barn had a return on equity of 17.73% and a net margin of 9.81%.The business had revenue of $504.07 million for the quarter, compared to analyst estimates of $489.49 million. During the same quarter in the prior year, the company posted $1.26 EPS. The company’s quarterly revenue was up 19.1% on a year-over-year basis. Boot Barn has set its Q2 2026 guidance at 1.190-1.270 EPS. FY 2026 guidance at 5.800-6.700 EPS. As a group, sell-side analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

About Boot Barn

Boot Barn Holdings, Inc, a lifestyle retail chain, operates specialty retail stores in the United States. The company's specialty retail stores offer western and work-related footwear, apparel, and accessories for men, women, and kids. It offers boots, shirts, jackets, hats, belts and belt buckles, handbags, western-style jewelry, rugged footwear, outerwear, overalls, denim, and flame-resistant and high-visibility clothing.