Fieldview Capital Management LLC Boosts Stock Holdings in Boot Barn Holdings, Inc. $BOOT

Fieldview Capital Management LLC raised its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 1,197.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,634 shares of the company’s stock after acquiring an additional 16,275 shares during the quarter. Fieldview Capital Management LLC owned approximately 0.06% of Boot Barn worth $2,922,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swiss National Bank boosted its stake in shares of Boot Barn by 1.5% in the third quarter. Swiss National Bank now owns 59,300 shares of the company’s stock worth $9,827,000 after acquiring an additional 900 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Boot Barn by 13.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 116,920 shares of the company’s stock valued at $19,376,000 after purchasing an additional 14,144 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in Boot Barn in the 3rd quarter valued at $296,000. First Trust Advisors LP lifted its holdings in Boot Barn by 385.6% in the 3rd quarter. First Trust Advisors LP now owns 43,554 shares of the company’s stock valued at $7,218,000 after purchasing an additional 34,585 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in Boot Barn by 17.5% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,755 shares of the company’s stock worth $1,451,000 after purchasing an additional 1,307 shares during the last quarter.

Boot Barn Trading Down 3.3%

Shares of NYSE:BOOT opened at $178.63 on Monday. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 1.27 and a beta of 1.66. Boot Barn Holdings, Inc. has a 12-month low of $86.17 and a 12-month high of $210.25. The business has a 50-day moving average price of $188.90 and a 200 day moving average price of $185.75.

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

Analyst Ratings Changes

BOOT has been the subject of a number of research reports. Citigroup upped their target price on shares of Boot Barn from $230.00 to $232.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Weiss Ratings cut shares of Boot Barn from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Jefferies Financial Group increased their price objective on shares of Boot Barn from $180.00 to $195.00 and gave the company a “hold” rating in a report on Monday, January 12th. Stephens raised shares of Boot Barn from an “equal weight” rating to an “overweight” rating and set a $237.00 target price on the stock in a research note on Friday, February 6th. Finally, UBS Group boosted their target price on Boot Barn from $265.00 to $267.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Boot Barn presently has an average rating of “Moderate Buy” and an average target price 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.