Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in Boot Barn Holdings, Inc. $BOOT

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Boot Barn Holdings, Inc. (NYSE:BOOTFree Report) by 38.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,341 shares of the company’s stock after acquiring an additional 14,349 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.17% of Boot Barn worth $8,508,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of BOOT. Campbell Newman Asset Management Inc. grew its holdings in shares of Boot Barn by 0.5% during the third quarter. Campbell Newman Asset Management Inc. now owns 12,944 shares of the company’s stock worth $2,145,000 after purchasing an additional 60 shares in the last quarter. Park Avenue Securities LLC lifted its position in Boot Barn by 2.4% during the third quarter. Park Avenue Securities LLC now owns 2,826 shares of the company’s stock valued at $468,000 after purchasing an additional 66 shares during the last quarter. Verdence Capital Advisors LLC grew its stake in Boot Barn by 3.4% in the 2nd quarter. Verdence Capital Advisors LLC now owns 2,270 shares of the company’s stock worth $345,000 after buying an additional 74 shares in the last quarter. Amalgamated Bank increased its holdings in shares of Boot Barn by 0.9% in the 3rd quarter. Amalgamated Bank now owns 8,755 shares of the company’s stock worth $1,451,000 after buying an additional 79 shares during the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of Boot Barn by 2.2% in the 2nd quarter. MML Investors Services LLC now owns 4,262 shares of the company’s stock worth $648,000 after buying an additional 93 shares during the last quarter.

Wall Street Analyst Weigh In

BOOT has been the subject of a number of research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Boot Barn in a report on Thursday, October 30th. JPMorgan Chase & Co. raised their price target on Boot Barn from $276.00 to $282.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Seaport Research Partners cut Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. The Goldman Sachs Group began coverage on Boot Barn in a research report on Thursday, December 11th. They set a “buy” rating and a $225.00 price objective on the stock. Finally, Piper Sandler boosted their target price on Boot Barn from $220.00 to $229.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Eleven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $206.08.

Read Our Latest Stock Report on Boot Barn

Boot Barn Stock Down 2.4%

NYSE BOOT opened at $184.00 on Monday. The company has a 50-day simple moving average of $191.03 and a two-hundred day simple moving average of $181.78. Boot Barn Holdings, Inc. has a 12-month low of $86.17 and a 12-month high of $210.25. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 1.37 and a beta of 1.61.

Boot Barn (NYSE:BOOTGet Free Report) last released its earnings results on Wednesday, October 29th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. The company had revenue of $505.40 million during the quarter, compared to analyst estimates of $493.70 million. Boot Barn had a return on equity of 18.11% and a net margin of 10.05%.Boot Barn’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 EPS. 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. Equities analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Insider Activity at Boot Barn

In other news, Chairman Peter Starrett sold 6,498 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $190.00, for a total transaction of $1,234,620.00. Following the completion of the sale, the chairman owned 9,599 shares of the company’s stock, valued at approximately $1,823,810. This represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gene Eddie Burt sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $191.41, for a total transaction of $229,692.00. Following the completion of the transaction, the director owned 3,338 shares in the company, valued at $638,926.58. This represents a 26.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.66% of the company’s stock.

Boot Barn Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Boot Barn (NYSE:BOOT)

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