Alliance Wealth Advisors LLC UT Makes New $607,000 Investment in Boot Barn Holdings, Inc. $BOOT

Alliance Wealth Advisors LLC UT bought a new position in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,665 shares of the company’s stock, valued at approximately $607,000.

A number of other institutional investors also recently modified their holdings of the business. ORG Partners LLC acquired a new stake in Boot Barn in the 3rd quarter worth about $25,000. Bessemer Group Inc. grew its position in shares of Boot Barn by 134.2% during the 2nd quarter. Bessemer Group Inc. now owns 185 shares of the company’s stock worth $28,000 after purchasing an additional 106 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Boot Barn by 164.4% during the third quarter. Parkside Financial Bank & Trust now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 120 shares during the period. Salomon & Ludwin LLC bought a new position in shares of Boot Barn during the third quarter worth approximately $42,000. Finally, Independence Bank of Kentucky acquired a new stake in shares of Boot Barn in the third quarter valued at approximately $46,000.

Analyst Ratings Changes

A number of brokerages recently 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. BTIG Research reaffirmed a “buy” rating and issued a $235.00 price objective on shares of Boot Barn in a report on Thursday, February 5th. Weiss Ratings upgraded Boot Barn from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday. Seaport Research Partners lowered Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Finally, Jefferies Financial Group boosted their price target on Boot Barn from $180.00 to $195.00 and gave the company a “hold” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $217.00.

Insider Buying and Selling

In other Boot Barn news, Director Gene Eddie Burt sold 1,200 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $191.41, for a total value of $229,692.00. Following the completion of the transaction, the director directly owned 3,338 shares in the company, valued at approximately $638,926.58. This trade represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.66% of the company’s stock.

Boot Barn Price Performance

Shares of NYSE:BOOT opened at $199.98 on Monday. Boot Barn Holdings, Inc. has a one year low of $86.17 and a one year high of $210.25. The company has a market cap of $6.08 billion, a price-to-earnings ratio of 28.09, a PEG ratio of 1.42 and a beta of 1.67. The firm has a 50 day simple moving average of $189.51 and a 200 day simple moving average of $184.15.

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, 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 the consensus estimate of $700.71 million. During the same period in the prior year, the business earned $2.43 earnings per share. The company’s revenue for the quarter 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, analysts expect that Boot Barn Holdings, Inc. will post 5.82 EPS for the current year.

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.