Boot Barn Holdings, Inc. $BOOT Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC grew its holdings in Boot Barn Holdings, Inc. (NYSE:BOOT) by 40.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,760 shares of the company’s stock after purchasing an additional 797 shares during the period. Park Avenue Securities LLC’s holdings in Boot Barn were worth $420,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of BOOT. Public Employees Retirement System of Ohio acquired a new position in shares of Boot Barn in the 4th quarter valued at $1,818,000. Versant Capital Management Inc lifted its stake in shares of Boot Barn by 210.8% in the 1st quarter. Versant Capital Management Inc now owns 317 shares of the company’s stock valued at $34,000 after purchasing an additional 215 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Boot Barn by 8,368.8% in the 1st quarter. GAMMA Investing LLC now owns 42,005 shares of the company’s stock valued at $4,513,000 after purchasing an additional 41,509 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Boot Barn by 1.4% in the 1st quarter. Rhumbline Advisers now owns 81,154 shares of the company’s stock valued at $8,718,000 after purchasing an additional 1,124 shares during the last quarter. Finally, NBC Securities Inc. lifted its stake in shares of Boot Barn by 152,125.0% in the 1st quarter. NBC Securities Inc. now owns 6,089 shares of the company’s stock valued at $654,000 after purchasing an additional 6,085 shares during the last quarter.

Boot Barn Price Performance

Shares of NYSE BOOT opened at $165.97 on Tuesday. The stock’s 50-day moving average is $174.16 and its two-hundred day moving average is $148.42. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $191.31. The company has a market cap of $5.07 billion, a price-to-earnings ratio of 26.18, a price-to-earnings-growth ratio of 1.72 and a beta of 1.62.

Boot Barn (NYSE:BOOT) last issued its quarterly earnings results on Thursday, July 31st. The company reported $1.74 earnings per share for the quarter, topping 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 company had revenue of $504.07 million for the quarter, compared to the consensus estimate of $489.49 million. During the same quarter in the prior year, the business earned $1.26 EPS. Boot Barn’s 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. Equities research analysts anticipate that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BOOT has been the topic of several recent analyst reports. Cowen reaffirmed a “buy” rating on shares of Boot Barn in a research note on Monday, July 28th. BTIG Research increased their target price on Boot Barn from $200.00 to $218.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. JPMorgan Chase & Co. increased their target price on Boot Barn from $207.00 to $247.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Jefferies Financial Group lowered Boot Barn from a “buy” rating to a “hold” rating and decreased their target price for the stock from $187.00 to $175.00 in a research note on Wednesday, July 23rd. Finally, KeyCorp increased their target price on Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $182.54.

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.