B. Metzler seel. Sohn & Co. AG Sells 7,026 Shares of Boot Barn Holdings, Inc. $BOOT

B. Metzler seel. Sohn & Co. AG reduced its stake in Boot Barn Holdings, Inc. (NYSE:BOOT) by 31.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,553 shares of the company’s stock after selling 7,026 shares during the period. B. Metzler seel. Sohn & Co. AG owned about 0.05% of Boot Barn worth $2,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BOOT. First Trust Advisors LP grew its holdings in shares of Boot Barn by 385.6% in the third quarter. First Trust Advisors LP now owns 43,554 shares of the company’s stock worth $7,218,000 after purchasing an additional 34,585 shares during the last quarter. Orion Porfolio Solutions LLC raised its holdings in Boot Barn by 17.5% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,755 shares of the company’s stock valued at $1,451,000 after buying an additional 1,307 shares during the last quarter. Segall Bryant & Hamill LLC raised its holdings in Boot Barn by 2.5% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 119,405 shares of the company’s stock valued at $19,788,000 after buying an additional 2,908 shares during the last quarter. Fisher Asset Management LLC boosted its position in Boot Barn by 37.8% during the 3rd quarter. Fisher Asset Management LLC now owns 228,009 shares of the company’s stock valued at $37,786,000 after buying an additional 62,515 shares during the period. Finally, Huntington National Bank boosted its position in Boot Barn by 64.3% during the 3rd quarter. Huntington National Bank now owns 529 shares of the company’s stock valued at $88,000 after buying an additional 207 shares during the period.

Boot Barn Price Performance

Shares of NYSE BOOT opened at $174.00 on Tuesday. Boot Barn Holdings, Inc. has a 1 year low of $86.17 and a 1 year high of $210.25. The stock has a market cap of $5.29 billion, a P/E ratio of 24.44, a price-to-earnings-growth ratio of 1.27 and a beta of 1.66. The firm has a 50-day moving average of $188.82 and a 200 day moving average of $185.78.

Boot Barn (NYSE:BOOT) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.79. Boot Barn had a net margin of 10.10% and a return on equity of 18.28%. 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 prior year, the company earned $2.43 earnings per share. The business’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. Research analysts expect that Boot Barn Holdings, Inc. will post 5.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Citigroup boosted their price objective on shares of Boot Barn from $230.00 to $232.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings cut Boot Barn from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, March 4th. Stephens upgraded 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. BTIG Research reaffirmed a “buy” rating and set a $235.00 price target on shares of Boot Barn in a research report on Thursday, February 5th. Finally, Zacks Research upgraded Boot Barn from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Boot Barn has a consensus rating of “Moderate Buy” and a consensus price target of $217.00.

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.