4,946 Shares in Boot Barn Holdings, Inc. $BOOT Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC acquired a new stake in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,946 shares of the company’s stock, valued at approximately $820,000.

Several other institutional investors also recently modified their holdings of the business. Marshall Wace LLP boosted its stake in Boot Barn by 63.3% during the second quarter. Marshall Wace LLP now owns 655,923 shares of the company’s stock worth $99,700,000 after acquiring an additional 254,296 shares in the last quarter. Westwood Holdings Group Inc. bought a new stake in shares of Boot Barn in the 2nd quarter worth approximately $34,790,000. Fiera Capital Corp purchased a new stake in shares of Boot Barn in the 2nd quarter worth approximately $33,686,000. Principal Financial Group Inc. increased its position in Boot Barn by 132.4% during the 3rd quarter. Principal Financial Group Inc. now owns 352,816 shares of the company’s stock valued at $58,469,000 after buying an additional 201,026 shares in the last quarter. Finally, Fisher Asset Management LLC increased its position in Boot Barn by 4,784.7% during the 2nd 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.

Analyst Ratings Changes

A number of research firms have recently commented on BOOT. UBS Group increased their target price on Boot Barn from $265.00 to $267.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on shares of Boot Barn from $276.00 to $282.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Zacks Research raised shares of Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group started coverage on shares of Boot Barn in a research note on Thursday, December 11th. They issued a “buy” rating and a $225.00 target price on the stock. Finally, Stephens upgraded shares of Boot Barn from an “equal weight” rating to an “overweight” rating and set a $237.00 price target on the stock in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $217.00.

Boot Barn Stock Performance

NYSE BOOT opened at $188.79 on Friday. Boot Barn Holdings, Inc. has a one year low of $86.17 and a one year high of $210.25. The stock has a 50-day moving average of $189.33 and a 200 day moving average of $184.97. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 26.51, a PEG ratio of 1.34 and a beta of 1.67.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $2.79 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.79. Boot Barn had a net margin of 10.10% and a return on equity of 18.28%. The firm had revenue of $705.64 million for the quarter, compared to the consensus estimate of $700.71 million. During the same quarter last year, the firm posted $2.43 EPS. The business’s quarterly 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 predict that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Insider Transactions at Boot Barn

In other news, Director Gene Eddie Burt sold 1,200 shares of the stock in a transaction 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 transaction, the director directly owned 3,338 shares of the company’s stock, valued at $638,926.58. This represents a 26.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.66% of the company’s stock.

Boot Barn Profile

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.