Aberdeen Group plc Boosts Stake in Boot Barn Holdings, Inc. $BOOT

Aberdeen Group plc increased its holdings in shares of Boot Barn Holdings, Inc. (NYSE:BOOT) by 15.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,443 shares of the company’s stock after acquiring an additional 22,738 shares during the period. Aberdeen Group plc’s holdings in Boot Barn were worth $30,078,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wedge Capital Management L L P NC acquired a new stake in Boot Barn in the fourth quarter valued at $31,113,000. Congress Asset Management Co. grew its stake in shares of Boot Barn by 11.1% during the 4th quarter. Congress Asset Management Co. now owns 622,413 shares of the company’s stock worth $109,837,000 after purchasing an additional 62,350 shares during the period. SG Americas Securities LLC grew its stake in shares of Boot Barn by 65.3% during the 4th quarter. SG Americas Securities LLC now owns 9,486 shares of the company’s stock worth $1,674,000 after purchasing an additional 3,747 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Boot Barn in the 4th quarter valued at about $207,000. Finally, Union Bancaire Privee UBP SA lifted its stake in shares of Boot Barn by 69.6% in the fourth quarter. Union Bancaire Privee UBP SA now owns 3,325 shares of the company’s stock valued at $593,000 after purchasing an additional 1,365 shares during the period.

Boot Barn Price Performance

Shares of BOOT opened at $135.30 on Friday. 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 $4.12 billion, a price-to-earnings ratio of 19.00, a price-to-earnings-growth ratio of 0.82 and a beta of 1.75. The firm has a 50 day simple moving average of $175.61 and a 200-day simple moving average of $182.38.

Boot Barn (NYSE:BOOT) last posted its earnings results on Wednesday, February 4th. The company reported $2.79 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.79. The firm had revenue of $705.64 million for the quarter, compared to analyst estimates of $700.71 million. Boot Barn had a return on equity of 18.28% and a net margin of 10.10%.Boot Barn’s revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.43 EPS. 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. On average, equities 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 research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Boot Barn from $180.00 to $195.00 and gave the company a “hold” rating in a research report on Monday, January 12th. UBS Group upped their price target on Boot Barn from $265.00 to $267.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. BTIG Research reaffirmed a “buy” rating and issued a $235.00 price objective on shares of Boot Barn in a research note on Thursday, February 5th. Zacks Research cut Boot Barn from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Finally, The Goldman Sachs Group assumed coverage on Boot Barn in a research report on Thursday, December 11th. They set a “buy” rating and a $225.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average 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.