Segall Bryant & Hamill LLC Sells 3,815 Shares of Boot Barn Holdings, Inc. $BOOT

Segall Bryant & Hamill LLC decreased its position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 4.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,682 shares of the company’s stock after selling 3,815 shares during the period. Segall Bryant & Hamill LLC owned about 0.24% of Boot Barn worth $10,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in Boot Barn during the fourth quarter worth $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Boot Barn in the 3rd quarter valued at $49,000. Danske Bank A S increased its stake in shares of Boot Barn by 200.0% in the 4th quarter. Danske Bank A S now owns 300 shares of the company’s stock valued at $53,000 after purchasing an additional 200 shares during the last quarter. Hantz Financial Services Inc. increased its stake in shares of Boot Barn by 284.1% in the 4th quarter. Hantz Financial Services Inc. now owns 338 shares of the company’s stock valued at $60,000 after purchasing an additional 250 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of Boot Barn by 702.3% during the 4th quarter. Global Retirement Partners LLC now owns 353 shares of the company’s stock worth $62,000 after buying an additional 309 shares in the last quarter.

Trending Headlines about Boot Barn

Here are the key news stories impacting Boot Barn this week:

• Positive Sentiment: Boot Barn reported fiscal Q1 earnings of $2.29 per share, well above the $1.69 analyst consensus, while revenue increased 17.7% year over year to $593.5 million and exceeded estimates. Store expansion and e-commerce momentum supported the results. Boot Barn Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its fiscal 2027 outlook, projecting approximately $2.6 billion in sales and EPS of $8.80 to $9.23. The updated EPS range includes an estimated $0.46 benefit from tariff refunds, while analysts cited store growth, digital sales and the refund as key drivers of the beat. Boot Barn Fiscal 2027 Outlook
• Neutral Sentiment: Boot Barn continues expanding its store base, including a planned location in a Gilroy, California, shopping center previously occupied by Old Navy. The expansion supports long-term revenue growth but also increases operating costs and does not immediately resolve valuation concerns. Boot Barn Gilroy Store Expansion
• Negative Sentiment: July sales have slowed, raising concerns that demand could moderate after the first-quarter beat. Reports also indicate that quarterly revenue guidance fell short of expectations, making investors less confident in the pace of growth during the next quarter. Boot Barn Beats Q1 Estimates but July Sales Slow
• Negative Sentiment: The tariff refund is a nonrecurring benefit, meaning part of the EPS outlook increase may not represent ongoing operating improvement. In addition, TD Cowen lowered its price target from $225 to $190, retaining a Buy rating but signaling reduced valuation upside and greater caution. TD Cowen Lowers Boot Barn Price Target

Boot Barn Stock Down 0.1%

NYSE BOOT opened at $148.89 on Monday. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 0.96 and a beta of 1.71. Boot Barn Holdings, Inc. has a twelve month low of $133.18 and a twelve month high of $210.25. The business’s fifty day moving average is $162.76 and its 200 day moving average is $167.81.

Boot Barn (NYSE:BOOT) last posted its earnings results on Wednesday, July 29th. The company reported $2.29 EPS for the quarter, beating the consensus estimate of $1.69 by $0.60. Boot Barn had a return on equity of 18.78% and a net margin of 10.35%.The firm had revenue of $593.51 million during the quarter, compared to the consensus estimate of $583.15 million. During the same period last year, the company earned $1.74 earnings per share. The business’s quarterly revenue was up 17.7% on a year-over-year basis. Boot Barn has set its FY 2027 guidance at 8.800-9.230 EPS and its Q2 2027 guidance at 1.550-1.650 EPS. On average, research analysts anticipate that Boot Barn Holdings, Inc. will post 9.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BOOT has been the subject of several recent analyst reports. Robert W. Baird set a $212.00 price objective on Boot Barn in a research report on Thursday. UBS Group set a $225.00 target price on Boot Barn in a research report on Wednesday, June 17th. Piper Sandler lowered their target price on Boot Barn from $230.00 to $226.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Citigroup restated a “buy” rating on shares of Boot Barn in a research note on Monday, May 4th. Finally, Weiss Ratings raised shares of Boot Barn from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Boot Barn has an average rating of “Moderate Buy” and a consensus target price of $222.27.

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.