Segall Bryant & Hamill LLC Purchases 2,908 Shares of Boot Barn Holdings, Inc. $BOOT

Segall Bryant & Hamill LLC lifted its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,405 shares of the company’s stock after acquiring an additional 2,908 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Boot Barn were worth $19,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Campbell Newman Asset Management Inc. increased its position in Boot Barn by 0.5% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 12,944 shares of the company’s stock valued at $2,145,000 after purchasing an additional 60 shares during the period. Park Avenue Securities LLC boosted its stake in shares of 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 in the last quarter. Koshinski Asset Management Inc. increased its holdings in Boot Barn by 5.3% during the third quarter. Koshinski Asset Management Inc. now owns 1,538 shares of the company’s stock valued at $255,000 after buying an additional 78 shares during the period. Amalgamated Bank increased its holdings in Boot Barn by 0.9% during the third quarter. Amalgamated Bank now owns 8,755 shares of the company’s stock valued at $1,451,000 after buying an additional 79 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in Boot Barn by 9.4% in the third quarter. Smartleaf Asset Management LLC now owns 928 shares of the company’s stock worth $154,000 after buying an additional 80 shares in the last quarter.

Boot Barn Trading Up 0.7%

NYSE:BOOT opened at $186.70 on Wednesday. Boot Barn Holdings, Inc. has a twelve month low of $86.17 and a twelve month high of $210.25. The company has a market cap 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 company’s 50 day moving average is $189.24 and its two-hundred day moving average is $185.42.

Boot Barn (NYSE:BOOT) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $2.79 EPS for the quarter, hitting the consensus estimate of $2.79. The business had revenue of $705.64 million during the quarter, compared to the consensus estimate of $700.71 million. Boot Barn had a net margin of 10.10% and a return on equity of 18.28%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.43 earnings per share. 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, analysts expect that Boot Barn Holdings, Inc. will post 5.82 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on BOOT. Zacks Research raised Boot Barn from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. The Goldman Sachs Group initiated 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. Weiss Ratings upgraded Boot Barn from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. increased their price target 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. 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 given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Boot Barn presently has an average rating of “Buy” and an average target price of $217.00.

Boot Barn Company 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.