Public Employees Retirement System of Ohio Purchases 7,529 Shares of Boot Barn Holdings, Inc. $BOOT

Public Employees Retirement System of Ohio grew its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 2,727.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,805 shares of the company’s stock after buying an additional 7,529 shares during the period. Public Employees Retirement System of Ohio’s holdings in Boot Barn were worth $1,186,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in Boot Barn by 24.8% during the 1st quarter. Invesco Ltd. now owns 903,453 shares of the company’s stock worth $97,058,000 after buying an additional 179,710 shares during the period. Artemis Investment Management LLP increased its position 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 purchasing an additional 494,523 shares during the period. American Century Companies Inc. increased its position 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 purchasing an additional 75,413 shares during the period. Ameriprise Financial Inc. increased its position 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 purchasing an additional 149,115 shares during the period. Finally, Stephens Investment Management Group LLC increased its position 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 purchasing an additional 158,195 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BOOT shares. KeyCorp raised their price target on Boot Barn from $195.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Boot Barn in a research report on Saturday, September 27th. Cowen restated a “buy” rating on shares of Boot Barn in a research report on Monday, July 28th. Piper Sandler raised their price target on Boot Barn from $184.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Finally, JPMorgan Chase & Co. raised their price target on Boot Barn from $207.00 to $247.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.54.

Boot Barn Trading Up 0.9%

NYSE:BOOT opened at $171.43 on Friday. The stock has a market cap of $5.24 billion, a P/E ratio of 27.04, a price-to-earnings-growth ratio of 1.73 and a beta of 1.61. The stock’s 50-day moving average is $173.79 and its 200-day moving average is $149.89. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $191.31.

Boot Barn (NYSE:BOOT) last released 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. The company had revenue of $504.07 million for the quarter, compared to analysts’ expectations of $489.49 million. Boot Barn had a return on equity of 17.73% and a net margin of 9.81%.The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 earnings per share. 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 analysts forecast that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

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.