Voya Investment Management LLC Has $1.88 Million Holdings in Boot Barn Holdings, Inc. $BOOT

Voya Investment Management LLC boosted its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 20.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,491 shares of the company’s stock after buying an additional 3,003 shares during the quarter. Voya Investment Management LLC owned approximately 0.06% of Boot Barn worth $1,879,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BOOT. Artemis Investment Management LLP grew its position in Boot Barn by 206.5% in the 1st quarter. Artemis Investment Management LLP now owns 734,023 shares of the company’s stock worth $78,856,000 after purchasing an additional 494,523 shares during the last quarter. Nuveen LLC bought a new position in Boot Barn during the 1st quarter valued at about $38,387,000. Invesco Ltd. lifted its holdings in Boot Barn by 24.8% during the 1st quarter. Invesco Ltd. now owns 903,453 shares of the company’s stock valued at $97,058,000 after purchasing an additional 179,710 shares during the last quarter. Stephens Investment Management Group LLC raised 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. Finally, Ameriprise Financial Inc. raised 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.

Boot Barn Price Performance

BOOT opened at $175.77 on Monday. Boot Barn Holdings, Inc. has a fifty-two week low of $86.17 and a fifty-two week high of $191.31. The firm has a market capitalization of $5.37 billion, a price-to-earnings ratio of 27.72, a PEG ratio of 1.79 and a beta of 1.62. The company’s 50 day moving average price is $174.04 and its two-hundred day moving average price is $145.60.

Boot Barn (NYSE:BOOT) last posted its earnings results on Thursday, July 31st. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.19. The firm had revenue of $504.07 million for the quarter, compared to analyst estimates of $489.49 million. Boot Barn had a net margin of 9.81% and a return on equity of 17.73%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.26 EPS. 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, equities research analysts predict that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

Wall Street Analysts Forecast Growth

BOOT has been the subject of several analyst reports. KeyCorp lifted their price target on shares of Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. BTIG Research upped their price target on shares of Boot Barn from $200.00 to $218.00 and gave the company a “buy” rating in a report on Friday, August 1st. Cowen restated a “buy” rating on shares of Boot Barn in a report on Monday, July 28th. Jefferies Financial Group cut shares of Boot Barn from a “buy” rating to a “hold” rating and reduced their target price for the stock from $187.00 to $175.00 in a report on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. increased their target price on shares of Boot Barn from $207.00 to $247.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Boot Barn has a consensus rating of “Moderate Buy” and a consensus price target of $182.54.

Boot Barn Company Profile

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.