Boot Barn Holdings, Inc. $BOOT Shares Acquired by Verition Fund Management LLC

Verition Fund Management LLC grew its position in Boot Barn Holdings, Inc. (NYSE:BOOT) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,416 shares of the company’s stock after acquiring an additional 12,607 shares during the period. Verition Fund Management LLC owned about 0.26% of Boot Barn worth $13,838,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BOOT. Royal Bank of Canada raised its position in shares of Boot Barn by 50.3% in the first quarter. Royal Bank of Canada now owns 34,676 shares of the company’s stock worth $3,725,000 after acquiring an additional 11,598 shares during the period. AQR Capital Management LLC raised its position in shares of Boot Barn by 198.0% during the 1st quarter. AQR Capital Management LLC now owns 8,906 shares of the company’s stock worth $957,000 after purchasing an additional 5,917 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Boot Barn by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,628 shares of the company’s stock worth $1,894,000 after purchasing an additional 779 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Boot Barn by 23.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 323,664 shares of the company’s stock worth $34,771,000 after purchasing an additional 61,719 shares during the last quarter. Finally, United Services Automobile Association acquired a new position in shares of Boot Barn during the 1st quarter worth about $209,000.

Analyst Ratings Changes

BOOT has been the subject of several research analyst reports. UBS Group upped their price target on shares of Boot Barn from $270.00 to $272.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Citigroup restated a “buy” rating on shares of Boot Barn in a research report on Monday, May 4th. Bank of America reduced their price target on shares of Boot Barn from $224.00 to $206.00 and set a “buy” rating for the company in a research report on Friday, May 15th. TD Cowen restated a “buy” rating and set a $225.00 price target on shares of Boot Barn in a research report on Thursday, June 4th. Finally, Robert W. Baird reduced their price target on shares of Boot Barn from $244.00 to $225.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $230.83.

Boot Barn Trading Down 3.0%

BOOT stock opened at $165.57 on Tuesday. The company has a market cap of $5.03 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 1.20 and a beta of 1.70. Boot Barn Holdings, Inc. has a 12 month low of $133.18 and a 12 month high of $210.25. The firm has a 50-day moving average of $160.24 and a two-hundred day moving average of $175.71.

Boot Barn (NYSE:BOOT) last released its quarterly earnings data on Thursday, May 14th. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.02. The company had revenue of $538.75 million during the quarter, compared to the consensus estimate of $531.44 million. Boot Barn had a net margin of 10.02% and a return on equity of 18.15%. Boot Barn’s quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.22 EPS. Boot Barn has set its Q1 2027 guidance at 1.620-1.710 EPS and its FY 2027 guidance at 8.210-8.640 EPS. As a group, equities analysts forecast that Boot Barn Holdings, Inc. will post 8.54 earnings per share for the current year.

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.