Boot Barn Holdings, Inc. $BOOT Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 505,778 shares of the company’s stock after selling 6,168 shares during the period. American Century Companies Inc. owned approximately 1.66% of Boot Barn worth $83,818,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Principal Financial Group Inc. raised its holdings in shares of Boot Barn by 132.4% in the 3rd quarter. Principal Financial Group Inc. now owns 352,816 shares of the company’s stock worth $58,469,000 after purchasing an additional 201,026 shares during the period. Federated Hermes Inc. purchased a new stake in shares of Boot Barn during the 3rd quarter worth about $13,407,000. GatePass Capital LLC acquired a new stake in Boot Barn during the 3rd quarter worth approximately $1,662,000. Alliance Wealth Advisors LLC UT purchased a new position in Boot Barn in the third quarter valued at approximately $607,000. Finally, Fisher Asset Management LLC lifted its position in Boot Barn by 4,784.7% during the second quarter. Fisher Asset Management LLC now owns 165,494 shares of the company’s stock valued at $25,155,000 after buying an additional 162,106 shares in the last quarter.

Boot Barn Price Performance

Shares of Boot Barn stock opened at $186.70 on Wednesday. Boot Barn Holdings, Inc. has a 1-year low of $86.17 and a 1-year high of $210.25. The company has a market capitalization of $5.68 billion, a PE ratio of 26.22, a P/E/G ratio of 1.32 and a beta of 1.66. The business has a 50-day moving average of $189.24 and a 200-day moving average of $185.42.

Boot Barn (NYSE:BOOT) last released its quarterly earnings results on Wednesday, February 4th. The company reported $2.79 EPS for the quarter, hitting the consensus estimate of $2.79. Boot Barn had a return on equity of 18.28% and a net margin of 10.10%.The business had revenue of $705.64 million for the quarter, compared to analysts’ expectations of $700.71 million. During the same quarter in the previous year, the firm posted $2.43 earnings per share. The company’s revenue was up 16.0% compared to the same quarter last year. Boot Barn has set its FY 2026 guidance at 7.250-7.350 EPS and its Q4 2026 guidance at 1.350-1.450 EPS. On average, equities analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Stephens raised shares of Boot Barn from an “equal weight” rating to an “overweight” rating and set a $237.00 price objective for the company in a research report on Friday, February 6th. Piper Sandler upped their price target on shares of Boot Barn from $229.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. UBS Group increased their price target on Boot Barn from $265.00 to $267.00 and gave the company a “buy” rating in a report on Thursday, February 5th. The Goldman Sachs Group started coverage on Boot Barn in a research report on Thursday, December 11th. They issued a “buy” rating and a $225.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their price objective on Boot Barn from $276.00 to $282.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $217.00.

About Boot Barn

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.